The world is going "green." Once things were called "environmental" or "natural," but now the vocabulary is changing. We now refer to these things as "green." Environmental jobs are now called green jobs. The Energy Independence and Security Act, passed December 19, 2008, has a Title X on Green Jobs. There is also green investing (also referred to as Socially Responsible Investing or SRI by some), and green mortgages and green building. This blog is an attempt to track the trend and discuss some of the issues that surround "green."
"Green" Investing
The line between what is "socially responsible" and what is "environmental" investing is a bit fuzzy, since environmental would seem to be socially responsible but socially responsible might not be traditionally "environmental." There is no firm definition of where "environment" and "society" end and begin, making this distinction a tricky one, and a very subjective one. Dow Jones even has a sustainability index that started back in 1999. The criteria used to measure sustainability is economic, environmental and social. The Social Investment Forum site lists some criteria that might typically be used to identify SRI's.
Sunday, April 6, 2008
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