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Oct 31, 2000

Green funding

Calvert Group leads the charge of socially-screened mutual funds; and others follow suit. The point where Wall Street meets Greenpeace

When extolling a company's investment virtues, investor relations practitioners have traditionally relied solely on the language of financial analysis. It may behoove them, however, to learn a new lexicon – one that reflects social and environmental concerns. Socially screened portfolios are experiencing explosive growth. According to the Social Investment Forum, 'socially responsible' investments in the US reached $2.2 tn in 1999, up 82 percent from 1997. That sum represents nearly

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