Matthew Patsky is CFA. CEO and Portfolio Manager at Trillium Asset Management.
Posted: Dec 19, 2016 – 06:00 AM EST
Today, the majority of our savings leave the local community, with the general exception of businesses we own directly. While we may sometimes avoid shopping at big-box stores that work to out-compete our local independent favorites, our savings, our retirement accounts, and our mutual funds often directly underwrite the growth and expansion of these mega-corporates. While we likely want more financing to be available for local businesses, sustainable innovations, and community infrastructure, our investments often speak otherwise. But it doesn’t have to be this way. The cornerstone in this context is the integration of sustainability criteria into investment decisions.