FAIR TRADER

Through Mindful Spending, we aim to slowly harness a small portion of the world's collective purchase power to support Fair Trade companies.

Saturday, November 12, 2005

Corporations and the Public Interest

Here is a short interview with Steven Lydenberg, a long-time fund manager at Domini Social Investments . Steve is one of the pioneers of Socially Responsible Investing, and is the author of a recent book where he argues :

"... that a more transparent disclosure of social and environmental impacts would help define value for socially conscious investors."

He has shown that one need not sacrifice performance in the process of supporting companies who want " ... to compete on social and environmental issues." The Domini Social Equity Fund has been around for over 10-years and tracks it's benchmark (S&P 500) quite well (chart courtesy of Yahoo Finance):



Our collective investment dollars can influence large corporations and reform the investment industry as well:

"It's remarkable how much we know about the financials of these corporations ... and how little we know about what they're doing when it comes to safety, promotion of women and minorities, environmental management."


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