socially responsible funds

Socially responsible funds are investment funds that select companies based on ethical, environmental, and social criteria alongside financial performance. They aim to generate competitive returns while supporting positive impacts like sustainability, fair labor practices, and corporate responsibility. Investors choose these funds to align their money with their values, such as reducing environmental harm or promoting social justice, without necessarily sacrificing financial gains. These funds often exclude industries like tobacco, weapons, or fossil fuels, focusing instead on companies that contribute positively to society and the planet.