Posted on: Sunday, February 25, 2001
Investments can have impact on Native Hawaiians
Invest with social responsibility
Socially screened mutual funds recognize the significance of the impact of investments of indigenous peoples.
They specifically have adopted screening practices for their investments that not only respect native peoples land, culture and grievances, but that actively promote them. These funds are successful and serve as a model.
A clear example is the Calvert Group Mutual Funds, the largest socially screened mutual fund.
Their policies and practices include:
Respecting land, sovereignty and natural resource rights of indigenous communities;
Respecting cultural heritage, ceremonial and sacred indigenous sites.
Upholding the self-governance of indigenous communities;
Contributing to community-driven environmental management and economic development plans;
Providing restitution and equitable compensation to indigenous peoples when any property, including intellectual property, has been taken from them.
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