As climate change becomes a more urgent issue every year, more and more consumers are considering how their purchasing power can influence big corporations to take steps to be more green, whether that’s reducing their carbon footprint or offering transparency into their manufacturing practices.
But if you care about the future of our Earth, the power of your dollar isn’t just limited to buying recycled goods. You can take the same approach when it comes to investing.
Socially responsible investing (SRI) — which also goes by other names like environmental, social and governance (ESG) investing as well as impact investing— is a way to put your hard earned dollars to work that considers both your financial returns and overall impact on the world around you.