Abstract
The socially responsible investment industry (SRI) is slowly changing from a screening, avoidance paradigm to a comprehensive paradigm that seeks to affect corporate behavior. Credible rating systems are a key component of this sea change. Reliable and recognizable social and environmental metrics are critical to this progress. The Total Social Impact (TSI) rating approach is a new social metric scheme based on a comprehensive rating of stakeholder issues. This paper describes the evolution of SRI ratings and the role that TSI hopes to play in affecting business behavior by promoting principled business leadership.
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Dillenburg, S., Greene, T. & Erekson, O.H. Approaching Socially Responsible Investment with a Comprehensive Ratings Scheme: Total Social Impact. Journal of Business Ethics 43, 167–177 (2003). https://doi.org/10.1023/A:1022987127960
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DOI: https://doi.org/10.1023/A:1022987127960