Ethical Investing: How Green Is Your Money?

Amy Domini is a capitalist tool from a different mold. "Making money," says the mutual-fund mogul, "is different from stealing money." Companies that manufacture cigarettes, pollute rivers or sell sweatshop goods are robbing from the public welfare, as she sees it. Capital is the tool Domini uses to knock them over the head.

A Boston University grad who started as a photocopy clerk at a brokerage, Domini, 50, manages $1.17 billion in private portfolios as well as her $1.89 billion Domini Social Equity Funds, the oldest and biggest socially and environmentally screened index funds in the U.S. Domini does not just...

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