ABA Investment Policy

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In April 2021, the ABA Board of Directors approved the following language for the new investment policy:

The American Booksellers Association’s intention is to invest in socially responsible companies. The investment managers are asked to base investments on valuations and earnings growth and to also consider company performance with regard to socially responsible investing criteria, as determined by the board under periodic review and in a manner consistent with the association’s ends policies. The investment managers are asked to bring existing or potential investments in companies that do not perform well based on these criteria to the board’s attention for review.

Investment Policy Statement

About ABA

The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.

Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.

Contact

PRESS CONTACT: Dan Cullen (dan@bookweb.org)

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