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Although the Methodist church of the United Kingdom began to use social screening based on “sin” stocks in the 1920s, it wasn9t until the 1960s that socially responsible investing (SRI) was adopted by religious groups in continental Europe. Today there are many lessons we can learn from the Europeans. They include expanding the requirements of boards of directors to include a more comprehensive knowledge of business and expansion of negative screens for companies who have not been doing SRI as a easy step to implementing it.
Catherine Friend White (Wed,) studied this question.