Social responsibility investment policy

Due to these reports and mounting political pressure, cities, states, colleges, faith-based groups and pension funds throughout the US began divesting from companies operating in South Africa. During the s and s, trade unions deployed multi-employer pension fund monies for targeted investments. Archived from the original on March 30, Fair Trade Investing Fair Trade Investing is the act of investing in companies or projects that promote economic, social, and environmental goals. Appleseed Fund [1]. During this time, socially concerned investors increasingly sought to address equality for women, civil rights , and labor issues. Retrieved 12 August

This policy establishes the corporate objectives and strategies related to EDP’s Social Investment, which is expressed in Social Responsibility programs and activities in society through proprietary and collaborative initiatives, donations and volunteering. Principles for Social Investment — United Nations 3. This policy should be interpreted in a manner consistent with the following EDP policies and commitments:. Sustainable Development Principles 2. Stakeholder Relations Policy 3.

Socially responsible investing SRI , also known as social investment, is an investment that is considered socially responsible due to the nature of the business the company conducts. Common themes for socially responsible investments include socially conscious investing. Socially responsible investments can be made into individual companies with good social value, or through a socially conscious mutual fund or exchange-traded fund ETF. Mutual funds and ETFs provide an added advantage in that investors can gain exposure to multiple companies across many sectors with a single investment. However, investors should read carefully through-fund prospectuses in order to determine the exact philosophies being employed by fund managers, along with the potential profitability of these investments. There are two inherent goals of socially responsible investing: social impact and financial gain. The two do not necessarily have to go hand in hand; just because an investment touts itself as socially responsible doesn’t mean that it will provide investors with a good return, and the promise of a good return is far from an assurance that the nature of the company involved is socially conscious.

This ;olicy establishes the corporate objectives and strategies invfstment to EDP’s Social Investment, which is expressed in Social Responsibility programs and activities in society through proprietary soocial collaborative initiatives, donations and volunteering.

Principles for Social Investment — United Nations 3. This policy popicy be interpreted in a manner consistent with the following EDP policies and commitments:. Sustainable Development Principles 2. Stakeholder Relations Policy 3. Code of Ethics 4. Materiality Guide 5. Volunteer Program 6. Social Investment: financial and non-financial contributions that have responaibility to help local communities and broader society to tackle their development priorities. EDP’s Social Investment programs and activities are geared towards social objectives integrated into one or more of the following priorities:.

Create value for stakeholders and for the EDP Group through Social Investment programs and activities that combine the satisfaction of social needs and the core needs and themes of each business. Promote continuous improvement of program performance by defining medium- and long-term plans, objectives and targets, and establishing adequate criteria for the selection, development, monitoring and evaluation of results, using an internationally recognized corporate methodology policj assess the benefits for society and the business.

Define human resources policies and make adequate media, organizational structures, financial resources, goods and services available for the development of programs and activities. Publicly and transparently communicate its Social Investment policy, its programs and their performance. The defined objectives and commitments must be implemented through the following strategic lines:. Foster corporate volunteering, mobilizing the skills of business units and employees.

Foster the involvement of the Third Sector and multi-stakeholder responsibilityy in the development of the programs. Value education and awareness as essential vectors for achieving the objectives. Develop programs aimed at local communities in the areas of influence of production centers, distribution concession areas and in client communities. Guarantee the reputation of the social investment programs and foster recognition responsibiliyt the EDP Group. Social Investment Policy. EDP, Energias de Portugal.

Time Interval. Show filters Select filters Apply filters. Did you mean. More results. Social Investment Policy By continuing to browse the site, you expressly agree that cookies will be stored on your computer to help measure statistics of visits and improve the quality of the contents offered. External References This policy applies the principles and methodologies referred to in the following documents: 1.

Objectives EDP’s Social Investment programs and activities are geared towards social objectives integrated rresponsibility one or more of the following priorities: a Promote access to culture and art and protect cultural heritage b Promote social inclusion respnsibility the adoption of sustainable ways of living, enhancing energy inclusion and access to energy c Protect natural heritage and biodiversity d Promote energy efficiency, renewable energy and decarbonization Commitments In the development of its Social Investment activity, social responsibility investment policy EDP Group commits itself to: 1.

Verify and audit adequate compliance with the Social Investment Policy. Strategies The defined objectives and commitments must be implemented through the following strategic lines: 1.

One outstanding endorsement of such policies is The Government Pension Fund of Social responsibility investment policywhich is mandated to avoid «investments which constitute an unacceptable risk that the Fund may contribute to unethical acts or omissions, such as violations of fundamental humanitarian principles, serious violations of human rights, gross corruption or severe environmental damages». The University acknowledges that effective implementation of this policy will require an ongoing commitment to fostering an institutional culture that brings together moral principles and individuals who are committed to integrating the spirit of this policy into the social responsibility investment policy life of the University. Archived from the original on 19 July Unlike the Employee Retirement Income Security Act of ERISAwhich severely limits the extent to which socially responsible goals can be considered in managing corporate and Taft-Hartley pension assets due to ERISA’s overriding goal of protecting employees’ pensions[22] registered investment companies can take these factors into account so long as the disclosure and other requirements of the Investment Company Act of are met. The University will consider investments that generate a positive social impact to promote the common good provided that these investments target a market rate of return on par with similar assets in the endowment.