Investments in socially responsible investing (SRI), an investment process that integrates environmental, social, and governance considerations into investment decision-making, have grown rapidly in many areas around the world. But compared to the growth of SRI investments on a global level, there is little clarity in the academic literature about why investors would choose to imple-ment such a strategy. This paper attempts to highlight key theories and approaches to understand the motive-tions of socially responsible investors and, in doing so, provide a more robust theoretical framework that under-pins the recent global phenomenon.

Keywords: Socially Responsible Investing, SRI, Investor Behavior, Corporate Social Responsibility