New York, NY – Amy Domini, founder and CEO of Domini Social Investments, was honored by the Interfaith Center on Corporate Responsibility (ICCR) at its 19th Annual Fall Event yesterday. The organization noted her selection as one of Time magazine’s list of 100 most influential people, and cited her “leadership and vision in socially responsible investing,” her “commitment to ICCR and its mission,” and her “generosity of spirit.”
“As a former board member and a long-time colleague of ICCR, I am especially pleased to receive this honor,” Ms. Domini said. “ICCR is a leader in its efforts to bring shareholders’ voices to corporate boardrooms on behalf of a range of social and environmental issues. Though this honor is important to me, the greater honor is the opportunity we have had to join with ICCR to work for sustainability, human dignity, and justice for workers around the world.”
About Amy Domini
Ms. Domini’s involvement in social investing began in 1980 when she was working as a stockbroker. One of her clients, an avid birdwatcher, was uncomfortable investing in a paper company that used a highly toxic defoliant that endangered birds. Other investors wanted to avoid the stocks of tobacco companies and defense contractors.
Ms. Domini soon became a passionate proponent of socially responsible investing. In 1990, she and her colleagues introduced the Domini 400 Social Index, an index of 400 primarily large-cap U.S. corporations selected according to a wide range of social and environmental criteria. Over time, the index provided a track record that demonstrated that it is possible to achieve competitive returns while incorporating social and environmental standards into the investment process. In 1991, Ms. Domini founded Domini Social Investments.
Ms. Domini serves on the board of the Church Pension Fund of the Episcopal Church in America. She is a past board member of the National Association of Community Development Loan Funds, an organization whose members work to create funds for grassroots economic development loans, and the Interfaith Center on Corporate Responsibility, whose membership serves as the major sponsors of shareholder actions on social and environmental issues. She is a member of the Boston Security Analysts Society.
About Domini Social Investments
Domini Social Investments manages more than $1.8 billion in assets for individual and institutional mutual fund investors seeking to create positive change in society by integrating social and environmental criteria into their investment decisions. Its flagship fund, the Domini Social Equity Fund (NASDQ: DSEFX), is the first and largest index fund to use social, environmental, and corporate governance standards. The Fund seeks to include companies with positive records in community involvement, the environment, diversity, and employee relations, and excludes companies deriving significant revenues from alcohol, tobacco, gambling, nuclear power, and weapons contracting.
About the Interfaith Center on Corporate Responsibility
For over 30 years the Interfaith Center on Corporate Responsibility (ICCR) has been a leader of the corporate social responsibility movement. ICCR’s membership is an association of 275 faith-based institutional investors, including national denominations, religious communities, pension funds, endowments, hospital corporations, economic development funds, and publishing companies. ICCR and its members press companies to be socially and environmentally responsible. Each year ICCR members and associates sponsor over 100 shareholder resolutions on major social and environmental issues. The combined portfolio value of ICCR’s member organizations is estimated to be $110 billion.
Domini Social Investments LLC is an associate member of ICCR.