Nelson Mandela’s courage in the struggle against apartheid inspired the world. Among those whom he inspired were a generation of investors in the United States who heeded his call to put economic pressure on the apartheid regime in South Africa by divesting from companies then operating in South Africa. One of Mandela’s first actions as president of a democratic South Africa was to visit the United States and thank all those that helped end apartheid by participating in the divestment movement.
South Africa divestment awakened us to the power of investment to transform the world for good. Divestment is still a very useful tool to effect policy. It has just worked in Iran and with any luck, Syria will also cave to divestment pressure.
Today we face many sustainability challenges. These challenges range from addressing climate change and water scarcity to fighting hunger, ensuring digital access and freedom to educating and empowering women and girls. If we are to address these challenges, investment in the 21st century must become increasingly sustainable and responsible.
History has shown that how we choose to invest our money does make a difference. We do not need to sacrifice our own financial goals and well being in order to make a positive difference for people and the planet. As investors, we have a moral responsibility to become aware of which companies we are investing in and whether those companies are part of the problem or the solution.
As Nelson Mandela so eloquently said: “For to be free is not merely to cast off one’s chains, but to live in a way that respects and enhances the freedom of others.” We believe that it is possible to invest “in a way that respects and enhances the freedom of others”.
Let us help you to align your portfolio with your principles. Please visit us at www.encorewealthadvisors.com