Calvert Group is a Socially Responsible Investor Milton Friedman wrote in 1970 the one and only social responsibility of a firm is �to use its resources and engage in activities designed to increase its profits� (Wheelen & Hunger, 2004, p. 37). Archie Carroll states a company must also fulfill ethical and discretionary responsibilities: their social responsibility. Socially responsible companies must consider their overall impact on their environment and their communities, and strive to maintain a healthy balance between the needs of all of their stakeholders and their bottom lines. The Calvert Group, a mutual fund company, invests in socially responsible companies, and has been a leader in the field for nearly thirty years. Today, more and more consumers want to know how a company does business. Consumers are concerned with how the products are made and the employees are treated. A firm�s social responsibility is perceived as part of the value of their product or service. For The Calvert Group, companies must meet �rigorous standards for both financial and social performance� (Cal....

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