• Ethical Investing and Social Responsibility

  • Aug 13 2024
  • Length: 18 mins
  • Podcast

Ethical Investing and Social Responsibility

  • Summary

  • Welcome to Novem Nexus: Navigating Your Financial Narrative, where we explore the various topics of finance, the stories, strategies, and psychology behind our financial decisions with host Greg Wagner as we dive into the intersection between finance and the human experience.

    The financial landscape is saturated with advice and rules, Novem Nexus aims to stand out by focusing on the underlying motivations, beliefs, and emotions that drive our financial behavior. We explore not only the "what" and "how" of finance but, more importantly, the "why." At Novem Group, we believe that finance is not just about numbers and equations; it's about real people with real emotions. That's what this podcast is all about: understanding the reasons behind our financial decisions and uncovering the narratives that shape our financial lives.

    Novem Nexus is more than just a podcast. Connect with us on social media, share your experiences, and join the conversation. Together, let's navigate our financial narratives with confidence. Welcome to Novem Nexus: Navigating Your Financial Narrative.

    Greg Wagner is a Registered Representative with American Portfolios Financial Services, Inc. (APFS), Member: FINRA, SIPC, and an Investment Adviser Representative with Novem Group, an SEC-Registered Investment Adviser. APFS and Novem Group are independent and unaffiliated entities. All opinions expressed by Greg Wagner or any guests are solely their own and do not reflect the views of Novem Group or American Portfolios Financial Services. This podcast is for informational purposes only, and does not constitute tax, investment, or other financial advice, and is not endorsement of any securities discussed, and listeners should not rely on it for their financial decisions. (AP PMR #34375 5-23-24)

    In this episode, Greg Wagner delves into ethical investing, a practice gaining traction among conscientious investors seeking to align financial objectives with their values and beliefs.

    Segment 1 introduces us to understanding ethical investing. We define ethical investing and socially responsible investing (SRI), exploring principles and criteria for evaluating ethical and social impact. Examples illustrate industries and companies associated with ethical investing, showcasing diverse opportunities.

    Segment 2 examines the impact of investment decisions on environmental, social, and governance (ESG) factors. Ethical investing's role in fostering positive change and addressing societal challenges like climate change and human rights is explored, and financial benefits of investing in companies with strong ESG practices are highlighted.

    In Segment 3, we present strategies for ethical investing. Practical approaches for integrating ethical principles into portfolios are discussed, including negative screening, positive screening, and ESG integration. Resources for identifying ethical investments and assessing ESG performance are provided.

    Finally, in segment 4 Greg addresses challenges and considerations in ethical investing. Common hurdles like performance trade-offs and greenwashing are discussed. Strategies for navigating challenges while aligning with ethical and financial objectives are explored, empowering listeners to make informed decisions.
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