A common concern about socially responsible investing (SRI) is that there is a premium to be paid for being socially responsible that necessarily diminishes investment returns. A comprehensive review of the empirical literature questions this premise. At Phillips, Hager & North, we monitor a broad range of financial trends and issues that may influence our clients' decision-making. Periodically, we produce research articles to help provide background for investment decisions on many different levels. This article, an update of an earlier research paper, challenges the myth of lower long-term returns for SRI investors and provides an overview of the current research on the subject.