FYI: It is often claimed that socially responsible investors—those who incorporate social, environmental or other ethical concerns into the construction of a portfolio—can “do well by doing good.”
To the extent this claim has been challenged, most have examined whether such investors can truly “do well.” From an investment performance perspective, the answer appears to be yes. A 2017 TIAA analysis found no long-term, systematic performance penalties for leading socially responsible indexes relative to broad market benchmarks.
Regards,
Ted
https://blogs.wsj.com/experts/2017/09/04/the-tricky-ethics-of-socially-responsible-investing/