Review of Top Socially Responsible Investing Tools
Review of Socially Responsible Investing Tools
Introduction
Socially responsible investing (SRI) is a growing trend among investors who want to align their financial goals with their values. There are a variety of tools available to help investors make informed decisions about where to put their money. In this article, we will review some of the top socially responsible investing tools on the market.
Screening Tools
1. MSCI ESG Research
MSCI ESG Research is a leading provider of ESG (environmental, social, and governance) ratings and research for investors. Their platform allows users to screen companies based on their ESG performance and provides detailed reports on each company’s sustainability practices.
2. Sustainalytics
Sustainalytics is another popular ESG research firm that offers screening tools for socially responsible investors. Their platform allows users to assess companies based on a variety of ESG criteria and provides ratings and analysis to help investors make informed decisions.
Impact Investing Platforms
1. Swell Investing
Swell Investing is a platform that allows investors to put their money into portfolios of companies that are making a positive impact on the world. Their portfolios focus on themes such as clean water, renewable energy, and gender equality, allowing investors to support causes they care about while earning a return on their investment.
2. OpenInvest
OpenInvest is a platform that offers customizable impact investing portfolios for socially conscious investors. Users can choose from a variety of causes to support, such as climate change, LGBTQ rights, and racial justice, and build a portfolio that aligns with their values.
Community Investing Platforms
1. Calvert Impact Capital
Calvert Impact Capital is a community investing platform that allows investors to support projects that benefit underserved communities around the world. Users can invest in areas such as affordable housing, small business development, and clean energy, helping to create positive social change while earning a financial return.
2. CNote
CNote is a platform that offers community investment opportunities for individuals and institutions. Users can invest in Community Development Financial Institutions (CDFIs) that provide funding to low-income communities and small businesses, helping to address economic inequality and create opportunities for underserved populations.
Conclusion
There are a variety of socially responsible investing tools available to help investors make informed decisions about where to put their money. Whether you are interested in screening companies based on their ESG performance, investing in impact-focused portfolios, or supporting community development projects, there is a tool out there to help you align your financial goals with your values.