In the current world, everything is becoming fast paced, technology, medicine etc. In such a busy world, its easy to ignore the harmful consequences resulting from the rapid industry growth. Good intentions are often forgotten and often become second place next to turning a profit.
Four years ago, VIMA considered the possibility of impact investing – backing profitable companies trying to produce social and environmental good. Impact investing also allows investors to continue earning a profit while supporting companies that use environmentally sustainable technology, show a high level of employee satisfaction or carry out disease research. Companies with ethical controversies or a litigious history will be avoided. By shunning such companies such as tobacco and gambling, impact investing is focused on encouraging positive outcomes.
Especially with current politics becoming more complex and the political processes becoming less able to deal with many issues like climate change and income inequality, investors now have an opportunity to encourage positive outcomes through their investment selection.
Our advisors realize that in order to increase financial success, investors should select not only funds that do well, but funds that have a netural impact as well. Now investors should not assume that just because a fund calls itself sustainable or socially responsible, means that it is sustainable or socially responsible. For more information please contact us at 248-526-6700 or firstname.lastname@example.org.
“Often philanthropy isn’t enough so you need to infuse almost a more market-based approach to affect outcomes that you want.” – Zaneta Koplewicz