The Values of Money: How It’s Used Determines Its Impact
Financial advisor David Tenerelli believes that money on its own doesn’t have values, but how it’s used is what “imbues it with values,” he said in an interview. Money can be a force for positive change, repairing relationships with each other and the natural world. However, it can also be a tool of extraction and exploitation that enriches a few while creating suffering for many. Tenerelli recognized that his own investing contributed to an image of the world he didn’t like, prompting him to explore alternative investment strategies.
Recognizing the Impact of Investing on the World
Several years ago, David Tenerelli began questioning his investment choices and their impact on the world. He wondered if he could invest in a way that respects planetary boundaries, centers reciprocity and regeneration, and prioritizes community wealth. Tenerelli’s introspection led him to realize that financial investments have the power to shape the world we live in. They can either contribute to positive change or perpetuate systems of inequality and harm.
Investing with Purpose: Can Money Repair Relationships?
David Tenerelli realized that investing with purpose could be a way to repair relationships on various levels. By investing in projects and companies that prioritize sustainability and social responsibility, he believed it would be possible to contribute to a more equitable society. Tenerelli’s goal was to use his financial expertise to depolarize public discourse and create a positive impact on the world. He sought a path that aligned his values with his investment decisions.
A Path to Responsible Investing: The CSRIC Designation
To find guidance and a community of like-minded individuals, David Tenerelli pursued the Chartered SRI Counselor (CSRIC) designation in late 2022. This professional designation for sustainable, responsible, and impact investing (SRI) provided Tenerelli with the necessary tools and knowledge to advise clients on socially responsible investment options. The CSRIC designation, overseen by the College for Financial Planning and developed in partnership with US SIF, equips financial advisors with expertise in sustainability and responsible investing.
Becoming an Expert in Sustainability: The Benefits of CSRIC
The CSRIC designation has gained a dedicated following among financial advisors who are passionate about integrating sustainability into their practice. The certification provides advisors with the skills to guide clients towards socially responsible investment opportunities. Through the CSRIC, advisors learn to navigate the complexities of sustainable investing and understand how financial decisions can have a lasting impact on society and the environment. By obtaining the CSRIC designation, advisors can demonstrate their expertise and commitment to sustainability, attracting clients who align with these values.
In conclusion, financial advisor David Tenerelli’s realization that money’s impact on the world depends on how it is used led him to pursue the CSRIC designation. This professional designation equips advisors with the skills and knowledge to guide clients towards socially responsible investment options. By investing with purpose, advisors like Tenerelli can contribute to repairing relationships and create a positive impact on society and the environment. The CSRIC offers a pathway for financial professionals to become experts in sustainability and attract clients who prioritize responsible investing.
Analyst comment
Neutral news.
As an analyst, the market is likely to see an increase in interest and demand for socially responsible and sustainable investment options. Financial advisors who obtain the CSRIC designation may attract clients who prioritize responsible investing, leading to potential growth in this sector of the market.
