Did you know you can turn a profit with socially responsible investing? Many people mistakenly believe they have to make a tradeoff between making money and looking out for the environment.
ESG (Environmental, social and corporate governance) investing, which focuses on investing in companies that support environmental and social justice and ethical management practices, continues to grow as investors become increasingly concerened about the world around them.
Today there are many areas ESG investors can choose to focus on. While some may be focused on companies with green practices, others might be looking for companies promoting gender equality and reducing the pay gap.
Greg DiPersio highlighted recent trends in his article, 3 Trends to Watch in ESG Investing.