Socially Responsible Investing Guide Launched for American Indian Communities
Social Investment Forum and Indigenous Peoples Working Group Issue Unique Guide to Responsible Stewardship of American Indian Assets
WASHINGTON--The Social Investment Forum (SIF), the national non-profit association of professionals, firms and institutions engaged in socially responsible investing (SRI), and its Indigenous Peoples Working Group (IPWG) today announced the publication of “Creating a Sustainable World: A Guide to Responsible Stewardship of American Indian Assets.”
“Creating a Sustainable World,” the first publication of its kind, details how American Indian financial portfolios can integrate socially responsible investment strategies into the management of tribal and other Native American assets. The guide outlines strategies to include tribal values in the investment process through shareholder advocacy, by investing in companies with policies and practices that are friendly to indigenous groups, and through community development investments. The guide includes examples of tribes using social investment tools to work for positive economic, social and environmental changes.
In a statement made to launch the new SRI resource guide, IPWG Co-chair Susan White, a member of the Oneida Tribe of Wisconsin said, “We are working closely with National Congress of American Indians, First Nations Development Institute, and past IPWG conference attendees to help Native American communities implement SRI strategies. Our primary goal with the guide is to help introduce the concept of SRI as a financial strategy to Native American groups, with the end result of increasing the number of organizations engaging in SRI.”
SIF Programs Director Peter DeSimone said: “This is a unique tool, specifically designed to enable Native American communities to use SRI investment practices. No other document examines active management of American Indian assets for the purpose of asset management, while also addressing deep-rooted cultural values. The guide also demonstrates how SRI approaches have enhanced the work of some American Indian groups already engaged in socially responsible and sustainable investing.”
“Creating a Sustainable World: A Guide to Responsible Stewardship of American Indian Assets” is available online at: https://www.ussif.org/ipwg.
ABOUT THE GROUPS
The Social Investment Forum (http://www.socialinvest.org) advances investment practices that consider environmental, social and corporate governance criteria to generate long-term competitive financial returns and positive societal impact. The Social Investment Forum is the U.S. membership association for professionals, firms, institutions and organizations engaged in socially responsible and sustainable investing (SRI). SIF members support SRI through such strategies as portfolio selection analysis, shareholder advocacy and community investing.
The SIF's Indigenous Peoples Working Group seeks to bring together Native and Non-Native communities in the area of socially responsible investing. IPWG partners with Native American organizations and leaders in order to achieve this goal. It works to coordinate research, outreach, education, and advocacy around investment issues that affect indigenous peoples' cultures and communities.