What Is Socially Responsible Investing?
Socially responsible investing (otherwise known as SRI or ESG for “environmental, social, and corporate governance”) is a method of investing in companies that align with your personal values. It’s sometimes known as ESG because environmental, social, and corporate governance are the three most common advocacy issues – most people who are concerned about the kinds of companies their money is supporting are concerned about at least one of those things.
Most financial planners just look at the numbers: what does each investment cost and what is the expected return on that investment? While we at Envision certainly take those factors into account, we combine those considerations with the things you care about on a personal level to determine the best investments, not just for your financial goals, but for your goals for helping to make the world a better place.
Is Socially Responsible Investing Right for You?
Investing is a mutually beneficial system: your money helps support companies and gives them the resources they need to grow, which increases the value of the company, and therefore the value of your share of the company. It’s the first part of this equation that led to socially responsible investing, because not everyone feels comfortable supporting companies that use questionable business practices or that are actively hurting our environment, even if they bring in a large return. Socially responsible investing is designed to make sure you feel good about where your money is going, while also providing a good return on your investment.
The Envision Difference
Socially responsible investing is just one reason we make sure we get to know our customers on a personal level before we start managing their money for them. We can’t know which investments will be best for you until we get to know about your values, beliefs and goals. Only once we know about you as a person can we help you achieve your financial goals in a way that supports all aspects of your life.