Chen, Larry. "Sustainability Investment: The Merits of Socially Responsible Investing." UBS Warburg, August 2001.

Overview of SRI with a European focus. Includes review of the literature and discussion of arguments for and against SRI, and a basic sector analysis of the FTSE4Good Indices vs. a variety of broader unscreened market benchmarks. Provides charts for performance, volatility and tracking error of the Dow Jones Sustainable Group index for the January 1995-July 2001 time period, although the data through December 1998 is backtested. Also provides a scattergram of local currency historical returns vs. volatility for many U.S. and U.K. social investment vehicles (July 1996-July 2001).