Pulp and Paper Canada

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Management Practices: Increasing investor confidence


June 1, 2002
By Pulp & Paper Canada

Evidence suggests that more people are looking to invest in so-called ethical funds that monitor a company’s social and environmental performance. Socially responsible investing accounted for $50 bill…

Evidence suggests that more people are looking to invest in so-called ethical funds that monitor a company’s social and environmental performance. Socially responsible investing accounted for $50 billion, or 3.2% of assets held in mutual, institutional and socially screened labour funds in Canada, in 2000.

And investors have reaped good returns from these funds. For example, the Dow Jones Sustainability Group Index between 1993 and 2000 yielded a total return of 139% versus 95% for the benchmark Dow Jones Global Index. The Jantzi Social Index (Canadian focus) outperformed the S&P/Toronto Stock Exchange 60, TSE 100 and TSE 300 by about 2% to 3% between January 2000 and March 2001.

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– Perry J. Greenbaum


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