by Peter Camejo (New Society Publishers, 2002)
Founder of the first environmentally screened fund on Wall Street, Peter Camejo aims to dispel the myth that investing in socially responsible corporations will yield smaller returns than investing in their less-than-responsible counterparts will. ï¿œIt will come as quite a surprise that [investors] are sacrificing performance to invest in companies that pollute, violate laws and discriminate.ï¿œ
In essence, SRI strategies screen out companies that are in conflict with public opinion, and they tend to provide higher relative returnsï¿œsomething that all investors are interested in. Whether youï¿œre managing a large foundation or looking to invest your own money, The SRI Advantage will serve your needs: itï¿œs full of solid evidence and further resources, driving home the point that your money and your ethics donï¿œt have to diverge, and that they can, in fact, support one another in the long run.