Introduction to Socially Responsible Investing (SRI): Deciding how you want to invest your money is often hard so learn stock trading courses. You need to take many factors into consideration such as risk, returns, taxes, and inflation. It takes a lot of forethought and groundwork to figure out a way to get the best return on your investments.
Yet, there are some investors who choose to invest in companies that are not only financially stable but also make a positive impact on the environment stock trading courses. Socially Responsible Investing or SRI is choosing to invest in stocks that provide a financial gain as well as do social good.
Although socially-responsible investing is still up and coming in India, it is expected to gain greater momentum in the next few years. Companies have become more aware of the ESG factors and are looking to incorporate more of it into their business practices.
Socially Responsible Investing History | stock trading courses
Socially responsible investing began in the early 1700s when the Quakers refused to participate in the slave trade in the U.S. Pastor John Wesley, the leader of the Methodist church claimed it was a sin to make a profit at the cost of stock trading courses. He stated that it was unethical to gamble and invest in industries that used toxic chemicals.
For many decades after John Wesley’s speech. Investors avoided industries such as tobacco and liquor referring to them as ‘sin industries’. This evolved in the 1960s when investors decided to invest their money in. Companies that promoted social causes such as women’s rights and civil liberty.
Socially responsible investing played a stock trading courses huge role in South Africa during the 1980s. When investors began pulling out their money due to the apartheid or the segregation of races. SRI had a prominent role in helping bring an end to the apartheid in 1994.