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Examples
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A former chair and president of the Social Investment Forum, Steven Schueth, has a more inclusive definition: “Generally, social investors seek to own profitable companies which make positive contributions to society.”
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A former chair and president of the Social Investment Forum, Steven Schueth, has a more inclusive definition: “Generally, social investors seek to own profitable companies which make positive contributions to society.”
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A former chair and president of the Social Investment Forum, Steven Schueth, has a more inclusive definition: “Generally, social investors seek to own profitable companies which make positive contributions to society.”
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Schueth is no preacher and there's nothing pious about his work.
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"There are different reasons why these companies didn't appear in socially responsible portfolios," says Schueth.
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"It's like the Catholic going to church on Sunday but being a sinner during the week," says Schueth.
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And, as the rollercoaster ride once known as the stock market continues on another course of ups and downs, Schueth isn't doing so badly.
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Schueth explains the two companies didn't meet the funds standards for good business practices in their qualitative research.
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As president of First Affirmative Financial Network, an independent investment advisory firm working in the field of socially responsible investing, Schueth puts together portfolios that integrate profitability with personal values.
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"There's now a whole other layer of research," says Schueth.
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