No corporation will clear all socially responsible hurdles. A company may have an excellent environmental record, but it may not provide the best working environment for its minority employees. If SRI funds demanded perfection from every company they owned, they would never buy anything.
Thus, some fund families, including Domini and Calvert, use shareholder activism to challenge the policies of some of those companies they do own. Because shareholders own the company, they can push for it to change. Other times, funds simply engage the firm in a discussion, quietly pressuring the company to make alterations to the policies it considers unpalatable. To find out if a fund you're considering engages in shareholder activism, visit its Web site or call the company itself.
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