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October 12, 2015

Calvert Investments chief talks sustainable investing

By STAN CHOE
AP Business Writer

NEW YORK — Responsible investing isn't just for hippies wanting to avoid stocks of tobacco or alcohol companies anymore.

The industry has undergone a broad shift, where the focus is on finding companies who are leaders in protecting the environment, reducing income inequality and promoting good corporate governance. Not because it's a good thing to do, but because it makes good business sense, says John Streur. He is president and chief executive of Calvert Investments, one of the nation's largest companies focused on sustainable investing. Its mutual funds focus on everything from large U.S. stocks to high-yield bonds to emerging-market stocks.


 
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