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Socially responsible investing is any investment strategy which considers both financial and social returns. This can include impact investing in for-profit companies with the intention of bringing about social good, divesting from companies which might generate harmful social outcomes, and influencing companies' decisions towards better social outcomes by means of shareholder advocacy.

Further reading

Gastfriend, Eric. 2015. Does effective altruism encourage impact investing?
A discussion of effective altruism’s relationship to impact investing.