1. Socially Responsible Investing Catherine Woodman Financial Consultant Salomon Smith Barney

2. Socially Responsible Investing n What is Socially Responsible Investing? n Growth and Performance n Why are people investing in SRI? n Why are people not investing in SRI? n Who is the Socially Responsible Investor?

3. What is Socially Responsible Investing? n n Socially Responsible Investing is a process of aligning your investments with your values.

4. What is Socially Responsible Investing? n Avoidance Screens n Affirmative Screens n Shareholder Activism n Community Investment

5. Growth of the Screened Universe

6. Growth Rate of Investments

7. Number of SRI Mutual Funds

8. Growth of Mutual Fund Assets

9. Performance n No statistically significant difference n Growth n Volatility n Do-gooders do better

10. Why invest? ~ Why not? n Becoming Aware n In Demand n SWAN n Performance n Tradition n Performance n Volatility n Cost n Asset Classes

11. Who are the SRI Investors? n Religious Organizations n Municipal and State Governments n Unions n Foundations n Universities and Colleges n Insurance Companies n Corporations n Separate Managed Accounts for Individuals

12. A Part of the Solution A Part of the Solution