Abstract The definition and scope of sustainability have evolved over the years, stimulated by debates which have won the attention of investors, thereby creating concepts such as responsible investment, socially responsible investment, responsible finance, etc. The purpose of the paper is to demonstrate whether screening has an effect on the financial performance of mutual funds and whether these effects are positive or negative. The study mainly focuses on the U.S. market as it is well developed and therefore provides greater insight and value. The research method uses the Markowitz and Sharpe market models to determine the market value of SRI and non SRI mutual funds. The study also depicts the investors’ attitude towards embedding sustainability driven variables in the decision making process as well as the market response to socially responsible investments.

中文翻译：

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评估社会责任投资基金的表现

摘要 可持续发展的定义和范围经过多年的演变，在引起投资者关注的辩论的刺激下，产生了责任投资、社会责任投资、责任金融等概念。筛选对共同基金的财务业绩以及这些影响是积极的还是消极的都有影响。该研究主要关注美国市场，因为它发展良好，因此提供了更多的洞察力和价值。该研究方法使用 Markowitz 和 Sharpe 市场模型来确定 SRI 和非 SRI 共同基金的市场价值。