December 02, 2004

SRI Makes the Wikipedia

Wikipedia, the remarkable free online encyclopedia, now has an entry for socially responsible investing. But the brief article misconstrues SRI by characterizing it in political terms. Yes there are investors who are politically motivated, but in my experience they are significantly outnumbered by those who are motivated by faith or conscience. Put another way, I've met many people who viewed themselves as environmental investors or Christian investors - but very few who considered themselves liberal investors or conservative investors. And the extraordinary diversity of social screens in use today defies a simple left vs. right categorization. This Wikipedia article on moral purchasing gives a better sense of the richness and complexity of the topic.