Faith Based Investing
Faith Based Investing
The earliest modern socially responsible investment movement is credited to the Religious Society of Friends(Quakers). In 1758, the Quaker Philadelphia Yearly Meeting prohibited members from participating in the slave trade. The first five books of the Bible, the Pentateuch, describe the concept of Tzedek(justice and equality). According to this text dating from around 1500 BC, ownership carries rights and responsibilities, one of which is to prevent potential harm to others. We find these themes reference throughout many religious texts dating back centuries, including the Qur’an, Bible, Torah, and others.
Today, Faith organizations play an active role in shaping the landscape of socially responsible investing. In particular, Faith based organizations have been the most vocal of any stakeholder in organizing shareholder proxy campaigns to address corporate behavior. At Green Future Wealth Management, we respect and validate the ethical beliefs of our clients that are shaped by their Faith, and work with our clients to craft financial plans and investment portfolios that are guided by their beliefs. We are also able to offer a similar level of care to charitable organizations and churches, synagogues, mosques, and other houses of worship that wish to bring their assets in alignment with their values.
Recommended Reading
Invested In Change - Faith-Consistent Investing in a Climate-Challenged World
Best Practice Guidance on Ethical Recruitment of Migrant Workers
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