The Environmental Protection as a selection criterion in Socially Responsible Investments: A multicriteria approach

Ana García-Bernabeu, David Pla-Santamaria, Mila Bravo, Blanca Pérez-Gladish

Abstract

A greater environmental and ethical awareness of companies and organizations is also ap-plied to portfolio selection. This note aims to put forward a multicriteria model of Goal Programming (GP) to design efficient portfolios considering classic financial criteria and environmental criteria.

Keywords

Socially responsible investment; environment; multicriteria decision making models (MCDM); portfolio selection

Subject classification

G11.

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