Socially Responsible Investing Designation for Advisors to Debut This Fall

The College for Financial Planning will introduce a new designation, the Chartered SRI Counselor, for financial professionals this fall, in collaboration with the US SIF: The Forum for Sustainable and Responsible Investment.

According to US SIF, more than 20% of assets under management in the U.S., some $8.7 trillion, are now involved in socially responsible investing strategies.

“Investors of all kinds are clamoring for more information about sustainable investment and corporate responsibility, and this program will be a trusted resource for planners,” said CFFP President Dirk Pantone, in a statement.

Coursework for those seeking the CSRIC designation will highlight the range of responsible investing approaches and the environmental, social and governance factors of interest to today’s investors. It also will discuss trends in shareholder engagement, fiduciary duty and portfolio construction.

“US SIF is universally seen as the most trusted organization when it comes to sustainable and responsible investment,” explained Pantone. “Their input and expertise has made them an invaluable partner.”

Morningstar’s global estimates put the level of assets in portfolios with sustainable and values-based approaches at about $23 trillion worldwide — representing an increase of over 600% in the past decade.

“US SIF is honored to be part of the creation and rollout of the CSRIC designation. … It provides a blend of foundational knowledge and scenario learning to give advisors the tools to better serve clients interested in sustainable, responsible, and impact investments,” said Lisa Woll, CEO of US SIF, in a statement.

“This program is ideal for financial professionals seeking to expand their knowledge and pertinent skills in environmental, social, and governance (ESG) investing,” Woll added. “We have found that this expertise allows advisors to fill the needs of a broader network of clients and strengthen client relationships.”