Shoup Legal - August 2023

WHAT IS ETHICAL INVESTING? USE YOUR VALUES TO MAKE FINANCIAL DECISIONS

What is the difference between ethical and ESG investing? Ethical investing is similar to ESG investing, which evaluates a company’s environmental, social, and governance (ESG) standards. The difference? Ethical investing takes it a few steps further. For example, ESG investing looks at issues that can include:

Do you want to start investing but are wary of funding large corporations with questionable ethics? Ethical investing is when people make investment decisions that align with their morals. When investing ethically, you support sustainable companies committed to widespread positive social change. Of course, “ethical” is subjective and means various things to different people. Ethical investors often research companies before investing to discover how the business impacts the world around them. These can concern human rights, environmental sustainability, and more.

It’s entirely up to the investor to decide which causes they want to invest in or eliminate from their investment portfolio through the companies they research and choose.

Do ethical investments have high returns?

While not all investments can guarantee a high return, one 2019 study by Morgan Stanley Institute for Sustainable Investing found the return on investments focused on ethical choices was not noticeably different from traditional investments. It doesn’t hurt to care! Ethical investors actively work to support moral values in businesses and encourage sustainable practices. As more and more investors choose to support these companies, other businesses are pressured to clean up their acts and work harder to make a difference. Our ethical values, applied to investment choices, can make a huge impact! No one needs to throw away their values to start investing.

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Climate change

Waste management

Gender and racial discrimination

Employee safety

Accounting practices

However, ethical investing follows a more comprehensive approach and considers ethical matters that may not be discovered when assessing a company’s ESG standards. Some ethical concerns may include:

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Fossil fuel usage

Weapons production

Human rights

Child labor violations

Empowering Clients Through Education At Shoup Legal, we have many knowledgeable professionals who work behind the scenes to ensure our clients are well-informed and taken care of. Behind every strong business is a solid marketing team and strategy. We recently expanded our marketing team when we hired Bryan Fiorito as our new marketing director this past April. MEET BRYAN FIORITO Like many others, Bryan had his first experience with the estate planning process after the death of a family member. When his grandfather passed away, Bryan saw firsthand the different dynamics that come into play during death and estate planning. He didn’t want others to experience the same stress that plagued his family. After graduating from college, Bryan started an estate management company with his dad. He worked there for several years before taking a position as a marketing director at an estate planning firm in Los Angeles, CA. After serveral years in that role, Bryan joined our team at Shoup Legal and has impressed us with his skills ever since.

information and effectively communicate the benefits of estate planning across all mediums (blogs, social media, workshops, and educational videos). He aims to keep our clients up to date on any changes in the estate planning industry so they can avoid probate and ensure their families are taken care of. His unique understanding of the CA Probate Process and seeing what it can do to families, is what motivates him to educate others. Outside of the workplace, Bryan loves to travel and hang out with his family. He greatly enjoys playing sports with his son, particularly basketball. He spends plenty of time outside camping, hiking, and participating in various other outdoor activities. We can’t wait to see what marketing strategies Bryan implements in the coming months! He continues to impress us with his work ethic and ideas. He’s been a great addition to our team!

Bryan has an obvious passion for educating our clients about the estate planning process. He loves to get creative with different ways to share this vital

Plan today for peace

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