The following is a list of important milestones representing
our growth and development:
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2009
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March
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Amy Domini receives Villanova University’s 2009
Praxis Award in Professional Ethics. Recipients exemplify ethical behavior in
their respective fields, promote and encourage integrity, work toward a
greater good, conduct research in the field of ethics, or influence the
practice of ethics through professional works or leadership
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2008
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December
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Ethisphere magazine names Amy Domini as one of its
100 most influential people in business ethics for 2008.
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December
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Domini and Social Investment Forum jointly release
Innovations
in Social and Environmental Disclosure Outside the United States. The report, written by Domini, underscores that the U.S. is at risk of
losing a competitive lead in the transparency of
markets.
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October
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Domini helps launch the Global
Network Initiative, a diverse coalition of
leading information and communications companies, major human rights
organizations, academics, investors, and technology leaders working to protect
and advance freedom of expression and privacy.
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September
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Amy Domini and Domini Managing Director Adam Kanzer are included in Directorship
magazine’s Directorship
100 list of the most influential people on corporate governance and in
the boardroom.
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September
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Domini briefs
the Congressional
Human Rights Caucus on what investors can do to implement policies
addressing genocide and other crimes against humanity. Domini is the only
financial services representative present.
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May
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Domini, Walt Disney, McDonald’s,
and other organizations release the final
report of Project Kaleidoscope, a multi-year collaborative project
designed to promote sustained compliance with labor standards mandated by
corporate codes of conduct for manufacture.
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May
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Amy Domini and Steve Lydenberg
are profiled in The Difference Makers
by Sandra Waddock, a book that tells the stories of “visionary social and
institutional entrepreneurs” who have influenced the modern corporation.
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2007
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December
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Domini wins Social
Capitalist Award from Fast Company magazine and Monitor Group in the first
year that for-profit companies are eligible. The award recognizes
organizations and companies for using the tools of business to solve the
world’s most pressing social problems.
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October
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Amy Domini
receives an honorary Doctor of Humane Letters degree from Yale’s Berkeley
Divinity School, and delivers an address to the graduating class.
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July
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Amy Domini publishes the first in a series of columns on social
investing and related issues in Ode
magazine.
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January
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Plenty magazine honors Domini as
one of 20 companies that are changing the world, citing Domini’s engagement
with Coca-Cola, Dell, and JPMorgan Chase.
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2006
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December
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Domini
PacAsia Social Equity Fund and Domini European PacAsia Social Equity Fund are
launched, establishing Domini as a global social investment firm.
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October
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Domini European Social Equity Fund completes its first
year of operations with a total return of 32.03%, versus 23.41% for the MSCI
Europe Index.*View
Performance current to the most recent quarter and month-end.
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August
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Domini
shareholders approve a new active investment strategy for the Domini Social
Equity Fund and Domini Institutional Social Equity Fund, and select
Wellington Management LLC as submanager.
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2005
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October
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Domini
European Social Equity Fund, the first mutual fund for U.S. social investors
devoted entirely to the stocks of European companies, is launched, with
active investment strategy incorporating Domini social research and
submanagement by Wellington Management LLC.
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September
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Amy Domini is
honored by President Clinton at the inaugural meeting of the Clinton Global
Initiative for helping protect children and the environment through the
Domini Fund for International Giving.
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September
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Amy
Domini is honored by the Interfaith Center on Corporate Responsibility for
her “leadership and vision in socially responsible investing.”
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July
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Domini
and Christian Brothers Investment Services release Out of the Box, a 38-page report including nine guidelines to
help big-box retailers address the social and environmental impact of store
locations, land procurement, and leasing.
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June
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Shareholders
vote to select Seix Advisors as the new submanager of the Domini Social Bond
Fund.
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May
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Domini launches
Domini Social Equity Portfolio Class A shares, making its flagship U.S.
equity strategy available to investors who use commission-based financial
advisors.
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April
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After dialogue with social investors
including Domini and led by Christian Brothers Investment Services, JPMorgan
Chase announces a comprehensive new environmental policy.
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April
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Time magazine names Amy Domini one of the
world’s 100 most influential people of the year.
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April
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Amy
Domini is honored by the National Neighborhood Coalition for her work on
behalf of community investing.
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April
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Amy
Domini is awarded Notre Dame University’s Rev. Theodore M. Hesburgh Award for
Business Ethics.
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January
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Steven
D. Lydenberg publishes Corporations and
the Public Interest: Guiding the Invisible Hand (Berrett-Koehler),
explaining how market forces can be used to move companies away from abusive
practices.
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2004
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July
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Domini Social
Bond Fund buys a $2 million piece of the first rated mortgage-backed security
sponsored by the Community Reinvestment Fund, a nonprofit organization that
has injected hundreds of millions of
dollars into economically disadvantaged communities.
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June
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U.S. Supreme Court upholds the Alien Tort Claims Act, an important
tool for holding human rights violators accountable, after Domini signs the
International Labor Rights Fund’s brief in support of the Act.
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May
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Gap Inc. releases its
first Social Responsibility Report, after two years of dialogue between the
company and a coalition of socially responsible investors including Domini
Social Investments.
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February-March
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Time Warner and Tribune agree to disclose information on their websites
regarding their political contributions. Time Warner’s website also includes
its positions on public policy issues.
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2003
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September
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Following months of dialogue with a shareholder coalition
led by Domini and the Center for Reflection, Education and Action, Procter
& Gamble helps address the plight of small coffee growers by introducing
a line of Fair Trade Certified® coffee.
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June
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Domini Social Bond Fund marks its third anniversary and
grows to over $49 million in net assets.
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April
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Domini files an amicus (friend of the court) brief with
the U.S. Supreme Court in the case of Nike v. Kasky. The brief supports San
Francisco activist Marc Kasky in his effort to hold Nike accountable for its
statements concerning labor conditions in overseas factories.
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January
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Acting on a rulemaking petition from Domini and two labor
unions, the SEC adopts new rules requiring mutual funds and investment
advisors to disclose their proxy voting policies and their actual proxy
votes.
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2002
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Spring
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Domini gains
record high votes for several shareholder resolutions, including a 27% vote
asking Household International to tie executive pay to ending predatory
lending practices.
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March
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Domini is selected
to manage the "socially responsible account" within the City
of New York Deferred Compensation Plan, containing assets in excess of $190
million.
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2001
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November
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Domini Social Investments urges SEC to mandate Proxy Voting
Disclosure. The letter from Amy Domini to SEC Chairman Harvey L. Pitt states
that proxy voting disclosure "should be considered a fundamental
fiduciary obligation that mutual funds owe to their shareholders, and should
be required as a matter of law."
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September
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Domini launches
new website for socially responsible investors.
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June
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Domini Social Equity Fund celebrates 10th
anniversary.
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January
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Domini Money Market Account surpasses $50 million in
assets.
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January
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Amy Domini publishes Socially Responsible Investing:
Making a Difference and Making Money (Dearborn Trade), an investor’s
guide to pursuing your personal bottom line and contributing to a just and
fair society.
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2000
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October
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Domini Money Market Account is expanded to include ShoreBank Pacific, the nation's
first community development bank dedicated to supporting environmentally
sustainable businesses.
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To help support the worldwide growth of socially
responsible investing, Domini becomes a lead sponsor and founding member of
AsrIA (Association for Sustainable & Responsible Investment in Asia), a
nonprofit membership association dedicated to promoting corporate
responsibility and sustainable investment practices in the Asia-Pacific region.
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July
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With more than $40 million in assets, Domini Money Market
Account becomes ShoreBank's largest
depositor.
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Domini cosponsors third annual Verite Conference in
Shanghai, China, aimed at improving human and labor rights standards and
eliminating sweatshops in China.
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July
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Assets under management reach $2 billion.
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June
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Domini Social Bond Fund is launched, combining
investment-grade bonds with a community development component.
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1999
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December
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Domini becomes the 15th fastest growing mutual fund family
in the country.
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401(k)s represent 30% of asset growth, reflecting
increasing demand for socially responsible options by retirement plan
participants.
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In a speech to the Investment Company Institute Procedures
Conference (the trade organization of the mutual fund industry), SEC
Commissioner Paul Carey stated: "I am aware of at least three entities
that have begun to provide voting information to shareholders on their
websites. CalPERS …. the Domini Social Equity Fund ….and TIAA-CREF…. [I] ask
that you consider whether disclosing fund voting practices or policies would
be useful information for your shareholders."
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Working with Friends
of the Earth, the National Wildlife Federation and the International
Rivers Network, Domini opens dialogue with senior management at Merrill Lynch to discuss the
incorporation of social and environmental criteria into Merrill's
underwriting business.
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May
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Domini Social Equity Fund reaches $1 billion in assets.
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Domini Social Investments LLC joins the CERES coalition.
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April
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Domini cosponsors Fish Tree Water Blues Concert in San
Francisco, hosted by the Earthjustice Legal Defense Fund.
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Current proxy voting
decisions are published on website, the first time a mutual
fund manager has publicly disclosed itsproxy votes.
Domini challenges industry
to follow suit.
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1997
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October
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Mutual fund management and administrative services are centralized
in New York City with formation of Domini Social Investments LLC.
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1996
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October
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Domini Social Equity Fund reaches $100 million in assets.
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Fall
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Domini’s first shareholder proposals on sweatshop and human
rights issues are co-filed. Our proposals were filed with Atlantic Richfield, R.R. Donnelley &
Sons and Johnson & Johnson.
Intel shareholder proposal is withdrawn after the firm
agrees to revise its Environmental Health and Safety Policy to include information
sharing with the communities in which it operates.
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Annual publication of our Proxy Voting Guidelines and
Social Screening Criteria begins.
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June
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Domini Institutional Social
Equity Fund is launched, catering exclusively to
foundations, endowments, and nonprofit organizations.
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1995
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Fall
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Domini co-files its first shareholder proposals, relating
to the CERES Principles on the environment. The proposals are filed with Atlantic Richfield Co., Cooper Industries,
Inc., R.R. Donnelley & Sons, and Equitable Resources, Inc.
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July
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Domini forms innovative partnership with South Shore Bank, the nation's first
and leading community development bank, and launches the Domini Money Market Account(DMMA). The DMMA is
an FDIC-insured account that allows investors to achieve market rate returns
while providing the bank with critical assets for its community development
work.
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1994
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Fall
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Domini co-files its first shareholder proposal, asking Wal-Mart to publicly report its
diversity data.
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1993
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Domini Social Equity Fund reaches $10 million in assets.
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Amy Domini coauthors Investing
for Good (Harper-Collins), a book that focuses on the manner and method
of socially responsible investing.
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1992
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January
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Proxy Voting Guidelines are published in our Semi-Annual report
to shareholders, one of the first times a mutual fund manager publicly reported
this type of information.
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Amy Domini coauthors The
Social Investment Almanac (Henry Holt & Co.), a handbook on socially responsible
investing containing numerous articles by leaders in the field.
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1991
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June
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The Domini Social Equity Fund
is launched, becoming the first socially and environmentally screened index
fund in the world.
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1990
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May
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The Domini 400 Social Index, the first socially and
environmentally screened index, is launched by Kinder, Lydenberg, Domini & Co. The Index was created by Amy Domini, Peter Kinder, and Steven
Lydenberg.
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1988
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Amy Domini coauthors Challenges
of Wealth (Dow Jones Irwin, 1988) a book that provides information on how
to appropriately manage your money and start enjoying life.
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1984
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Amy Domini coauthors Ethical
Investing (Addison-Wesley, 1984), one of the first comprehensive
discussions of socially responsible investing.
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