It’s human nature to want to buy stuff…more and more stuff. That being said, why not try to buy from socially responsible companies? Many companies donate a percentage of their sales to charity (for example, Paul Newman’s company has donated over $400 million to charities since 1982 from the sale of grocery items.
A new company, Fed By Threads, specializes in Made-In-America organic ethical vegan clothing that feeds 12 emergency meals to hungry Americans via foodbanks per item sold. The company’s founders, Jade Beall and Alok Appurdurai, created the company when they learned about the tremendous suffering that sheep, silkworms, cows, goats and other animals experience in the production of clothing. They also are firm believers in paying fare wages to garment workers and in keeping these jobs in America.
Also, the number of socially responsible / sustainable investment mutual funds has grown over the years. Some lend money to women in developing countries, others specialize in environmental markets. The main point is that the funds screen companies based on ethics. For example, Pax World Investments analyzes companies’ business practices in three areas: environmental sustainability, social criteria, and corporate governance policies. Socialfunds.com is a good site to learn more.