Categories
commentary

SRI: Responsible to Whom?

Paul Hawken has challenged the Socially Responsible Investing industry over whether it is really responsible. He asks why the portfolio of SRI funds is almost identical to ordinary funds. It is true there ought to be a difference. BUt how do you define what that difference should be? Whose values should count here? Those of the investment manager, those of its clients – or those of Paul Hawken?