If you're looking for a way to make money while making a positive impact on the planet, Fast Company has just the investment for you.
It's called conscious investing, and it's all about "em aligning heart and mind."
ESG (environmental, social, and governance) and impact investing refers to investing "with an eye toward making the world a better place, specifically by considering the impact of an investment on the environment, society, and diversity," Fast Company explains.
Examples of ESG- and impact-investing companies? Phillip Morris, for example, "is not exactly the type of company that investors are thinking of when they invest in an ESG fund."
But "people investing in these areas with their hearts instead of their minds" can actually produce "phenomenal outcomes for humanity and the planet, and outsized financial returns."
So what is conscious investing? It's "being conscious of the pros and cons of every investment, not just in terms of risks and rewards to produce returns, but also risks and rewards to make life better for humanity over the long-term using specific metrics around environmental impact and contributions to target communities," Fast Company explains. Read the Entire Article
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Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.