Values Based Investing Circle Discusses How to Have an Impact with your Dollars
Last month, WDN’s Values Based Investing Circle held the webinar, Voting with your Dollars: How to Have Impact as a Consumer, Investor, and Donor. On the call was Carol Malnick, Portfolio Manager of Boston Common Asset Management, and Kelle Louaillier, Executive Director of Corporate Accountability International. This webinar was the fourth in a series which sought to answer the question, What is Socially Responsible Investing? Additionally, the webinar series aimed to have our members reflect on what it looks like to align one’s investments with one’s values.
WDN members were asked: What are your rights and responsibilities as shareholders and consumers?
In line with WDN’s focus on connecting, learning, and taking action, shareholder and investing engagement reflects these fundamental steps. This can be seen in engagement with corporations or organizations. It is important to realize how we engage with corporations translates to how we are voting with our dollars. To be an effective shareholder also includes being engaged with organizations which results in collective impact.
Some important steps in becoming an engaged shareholder and consumer include the following: know what you own, determine if you want to divest from the worst, invest in the best, and engage with shareholder resolutions, proxy voting, and other forms of corporate accountability.
By working collectively and with a shared vision, we can make differences as shareholders and consumers for issues around the world. As powerfully stated by Margaret Mead,
“Never doubt that a small group of thoughtful committed citizens can change the world; indeed, it’s the only thing that ever has.”
The Values Based Investing Circle will be producing more resources and guides for WDN members in the future that highlight ways to align your investments with your values.