Corporate social responsibility:


Ethical or socially responsible investing, are terms used to describe any area of financial sector where the social , environmental and ethical principles of the investor influence which organisations or ventures they choose to place their money with.

Socially responsible investment (SRI), “refers to investing in companies based on financial and social performance, where the latter includes such  concerns as the environment ,sweatshop labour  and animal testing. The role of fairness related sanctioning is emphasized, wherein companies that  treat  their various stakeholders “fairly” are screened into  SRI portfolios.” (Starr, 2008,pp.51).

According to Starr (2008) Socially responsible investment (SRI) may also involve  engaging in dialogue with companies about ways to improve their social performance through shareholder encouragement and resolutions.


SRI is essentially about doing good and doing well. Generally,  it is a prossec of integrating dicissiton making process in business with social valuses and missitons in a business, to acheve  positive and sustainable outcomes towards the business ,environment and society.
Many companies nowadays believe strongly on (SRI) and they think that they have responsibility towards their socity. AS a great example of how social responsibility  in my opeinin ( The  Body Shop) company  can be consederd one of the pioneers of modern corporate social responsibility.
Body shop company stand out for its beliefs on environmental protection, human right, community trade, and animal right. One of the major achievements  of the Body Shop company was back in 1985, where they collected 4,000,000 signatures against animal testing in the European Union  with Green peace campaign.

while some companies like the body shop much more concern about the environment and animal right which is  very important in socially responsible investment and it has a great impact in to our socity, some other business  like HSB C try very hard to boost its management of ethical and socially responsible investing funds by 60% over the last few years  to assisting local communities by promoting affordable homeownership, and helping small businesses with sustainability insurance options and developing an index for climate change.

list of references:

Starr,M.(2008) ‘ Socially Responsible  Investment and pro-Social change’,   (Jei Journal of Economic Issues) Vol. XLII, NO.1 , March 2008.

http://www.thebodyshop.com/_en/_ww/services/aboutus_values.aspx

http://www.hsbc.com/1/2/sustainability