Socially Responsible Investing
BNY Mellon Asset Management has participated in socially responsible investing for more than a decade. In connection with our clients, we have developed a number of screened index strategies that reflect various social restrictions. For example, one of our affiliates has developed a socially responsive pooled vehicle that, among other restrictions, avoids or severely limits holdings in a variety of industries, such as those that sell weapons of mass destruction or promote the use of harmful products to consumers.
As a fiduciary, we follow our clients' general guidance and believe that we can do well for them financially with respect to client assets by doing well socially. As more and more investors demand this consideration, we are well positioned to respond.