In past years, it has been one of the UUA’s Socially Responsible Investment Committees’ goals to bring increased responsibility and change to the financial industry.
In the past, notions about fiduciary responsibility have often superseded the responsibility that some investors have felt about their investments. Even we at the UUA have often struggled with the right balance of fiduciary responsibility and social responsibility. However, as we have worked with our consultant on various fiduciary issues, the UUA’s notions of social responsibility have often been injected into the discussion. In fact, it has been injected increasingly often into financial practice as other organizations inject their values into their investment holdings. Recently, our consultant, NEPC, has become a signatory for UNPRI, an international network of investors working together to put the six Principles for Responsible Investment into practice. Their increasing interest in SRI has been particularly gratifying for us as we have attempted to inject values into the financial arena.