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niece
joined discussion · Oct 30, 2022 14:29
Socially responsible shows a sign of accountability to investors.
I prefer to invest in socially responsible companies because they shows a sign of accountability to their investors. Companies that are socially responsible appear more attractive to investors. I view companies that are able to manage finances while still helping their communities as accountable and transparent in their dealings, which reduces investment risk.
Moreover, customers are willing to pay more for a product or service if the company prioritizes sustainability. Customers will opt for and stick with companies that aren't just profit-oriented. Hence, being socially responsible will help the companies in the long run.
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