A History of Impact Investing
Impact investing is a major topic on investors’ radar screens, boasting huge growth, and widespread acceptance among those seeking to align their portfolios with their values. But impact investing has always been more than a fad.
Key Takeaways
- Socially responsible investing’s origins in the United States began in the 18th century with Methodism, a denomination of Protestant Christianity that eschewed the slave trade, smuggling, and conspicuous consumption, and resisted investments in companies manufacturing liquor or tobacco products or promoting gambling.
- Socially responsible investing ramped up in the 1960s, when Vietnam War protesters demanded that university endowment funds no longer invest in defense contractors.
- The combined…
