News : In stormy economy, socially responsible investments a welcome safe haven

May 22, 2013

 From Seacoast Online

By Jim Cavan

If the stock market were a roller coaster at Six Flags, you can bet the line to ride would be short – the prospective riders, thrill-seekers all.

World market jitters – wrought by the slow economic recovery from the 2008 Great Recession – recent have thrown into high relief the precarious state of the global economy. But a lesser known, seldom covered phenomenon is beginning to resonate above the turmoil: The relative success of incorporating environmental, social, and corporate governance (ESG) investment criteria.

According to the Forum for Sustainable and Responsible Investment (US SIF), 720 investment funds, combining for $1.01 trillion in assets under management, now incorporate ESG criteria in their investment strategies, an increase of 78% over assets tracked in 2010. Meanwhile, a majority of large cap ESG funds – those which deal with companies valued in the billions of dollars – outperformed the S&P 500 over ten years.

To read the full article, click here!