The one constant in life is change, and the investment world is certainly no exception. As the world changes, more investors seek to invest in a socially responsible way. In this week's podcast episode, Valerie Escobar, senior wealth advisor, and Mike MacKelvie, wealth advisor, talk about how you can invest in a socially responsible way. This area of investing can seem overwhelming and complicated, but we break it down for you:
SRI=Socially Responsible Investing – This is typically religious or moral principles. We'll screen for things people like to avoid and exclude them from investment.
ESG=Environments, Social, Governance – This could be pollution, green energy initiatives, labor relations or customer satisfaction.
SCI=Socially Conscious Investing is a combination of SRI and ESG.
Your Life Simplified: A Financial & Wealth Management Podcast