Amy Domini Explained

Birth Date:25 January 1950
Birth Place:New York City, US
Occupation:Investor, author
Known For:Social investing
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Amy Lee Domini (born January 25, 1950) is an American investment adviser and author known for her work in social investing.

Early life and education

Amy Lee Domini was born on January 25, 1950, in New York City, to Margot Cabot (Colt), a teacher, and Enzo Vice Domini, who owned a food-processing business.[1] Domini's great-grandfather Joseph Lee was the author of Constructive and Preventive Philanthropy (Macmillan, 1902).[2] Domini grew up in Newtown, Connecticut, and received a BA from Boston University in 1973.[1]

Career

After college, Domini began work as a copy-clerk for brokerage firm Tucker Anthony, and rose through the ranks quickly to become a retail broker. Domini began working in socially responsible investing in 1980.[3] Domini is the founder and chief executive officer of Domini Impact Investments and one of the founders of KLD Research & Analytics, a research firm. In 1990 with partners Peter Kinder and Steve Lyndenberg, she created the Domini 400 Social Index, a stock market index selected according to social and environmental standards.[4] In 1991 she founded the Domini Social Impact Equity Fund, an index fund based on the Domini 400 Social Index.[5] The fund held $1.3 billion in assets as of 2001 and over its first ten years rose 15.08 percent compared with 15.25 percent growth for the S&P 500 in the same period.[6] Only 25 percent of all funds performed on par with the S&P in that period and the success of Domini's fund helped establish socially responsible investing as compatible with strong financial returns, where previously the field was seen as low-performing in this respect.

In 2005, Time named Domini to its list of the world's most influential people.

Domini is the author of books including Socially Responsible Investing: Making a Difference and Making Money[7] and The Challenges of Wealth.[8] She is the coauthor of Investing for Good,[9] The Social Investment Almanac, and Ethical Investing.[10]

Domini served on the boards of the Church Pension Fund of the Episcopal Church;[11] the National Association of Community Development Loan Funds, an organization whose members work to create funds for grassroots economic development loans;[12] and the Interfaith Center on Corporate Responsibility.

Personal life

Domini was married to Peter Kinder from 1980 to 1997; she later remarried.[13] Domini has two sons.

Works cited

External links

Notes and References

  1. Book: Ramm . David . Domini, Amy . Thompson . Clifford . Current Biography Yearbook . 2005 . . 0-8242-1056-5 . . 64391316 . 0084-9499 .
  2. Web site: Joseph Lee Papers . Massachusetts Historical Society . July 28, 2022 . May 27, 2022 . https://web.archive.org/web/20220527034431/https://www.masshist.org/collection-guides/view/fa0191 . live .
  3. News: Hill . Miriam . 2000-05-28 . A career invested in conscience . E1, E11 . The Philadelphia Inquirer . 2022-07-28 . July 28, 2022 . https://web.archive.org/web/20220728010937/https://www.newspapers.com/clip/106448797/a-career-invested-in-conscience/ . live .
  4. Kadlec . Daniel . 2005-04-18 . Amy Domini . . 0040-781X . 2022-07-26 . April 26, 2022 . https://web.archive.org/web/20220426221046/https://content.time.com/time/specials/packages/article/0,28804,1972656_1972707_1973537,00.html . live .
  5. News: 1997-02-25 . Conscience Is Her Guide . D4 . The Los Angeles Times . 2022-07-28 . July 28, 2022 . https://web.archive.org/web/20220728182234/https://www.newspapers.com/clip/106486910/conscience-is-her-guide/ . live .
  6. News: Boroson . Warren . 2001-07-02 . Amy Domini's fund practices ethical investing . 21 . The Newark Advocate . 2022-07-27 . July 27, 2022 . https://web.archive.org/web/20220727174106/https://www.newspapers.com/clip/106417728/amy-dominos-fund-practices-ethical/ . live .
  7. News: Ezell . Hank . 2001-02-25 . Funds emphasizing social responsibility gain in popularity . . . July 26, 2022 . July 26, 2022 . https://web.archive.org/web/20220726234031/https://www.newspapers.com/clip/106378046/funds-emphasizing-social-responsibility/ . live .
  8. Book: Card . Emily . Miller . Adam . Business Capital for Women: An Essential Handbook for Entrepreneurs . 1996 . . 0-02-860854-2 . 34731733 . 237.
  9. Web site: Investing for Good . 2022-07-26 . . July 26, 2022 . https://web.archive.org/web/20220726234036/https://www.publishersweekly.com/9780887305658 . live .
  10. Web site: Max . Sarah . 2022-01-07 . Sustainable Investing's Boom Is Here to Stay. What's In Store, According to an ESG Pioneer. . 2022-07-26 . . March 2, 2022 . https://web.archive.org/web/20220302141013/https://www.barrons.com/articles/amy-domini-sustainable-investing-esg-landscape-51641372307 . live .
  11. Web site: A Blessing and a Responsibility . 2007 . dead . https://web.archive.org/web/20110725200834/http://download.cpg.org/home/publications/pdf/2007AnnualReport.pdf . 2011-07-25 . Church Pension Group .
  12. Book: Gunn . Christopher . Reclaiming Capital: Democratic Initiatives and Community Development . Gunn . Hazel . 2018-08-06 . . 978-1-5017-2532-6 . 67 . July 28, 2022 . July 29, 2022 . https://web.archive.org/web/20220729201056/https://books.google.com/books?id=BJJlDwAAQBAJ . live .
  13. Web site: May 14, 2007 . Amy Domini: In good conscience . 2022-07-28 . www.bizjournals.com . October 8, 2012 . https://web.archive.org/web/20121008112614/http://www.bizjournals.com/boston/stories/2007/05/14/story4.html . live .

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