重口味SM

Lots of options for socially conscious investors, U of T finance professor writes in the Globe and Mail

photo of wind turbines
Socially responsible investing no longer means a low return on investment, says 重口味SM Professor Lisa Kramer (photo by American Public Power Association via Unsplash)

For those who want to put their money where their morals are, there are plenty of options for investing more ethically, writes Lisa Kramer, a professor of finance at 重口味SM Mississauga and the Rotman School of Management .

Socially responsible investing now comes in many forms, Kramer says, for those who do not want to support particular industries like tobacco, firearms or fossil fuels.

But she warns that, because there is no regulatory body that determines what is considered a socially conscious investment, investors 鈥渕ust look under the hood to confirm that a fund鈥檚 definition of ethical aligns with their own.鈥

Kramer also says ethical investing doesn鈥檛 have to come at a steep price 鈥 there are still ways of earning a good return on ethically-focused investments.

鈥淲hether your own moral compass gravitates to human rights, animal rights, green energy, or a combination of these and other progressive ideals, it鈥檚 no longer necessary to pick between your conscience and your pocketbook when choosing how to invest,鈥 she writes.  

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