An October 2011 report (Report) by The Forum for Sustainable and Responsible Investment found that while hedge funds have historically comprised only a small proportion of the total number of alternative investment vehicles incorporating environmental, social and governance (ESG) investment criteria, the number of hedge funds employing ESG criteria increased markedly in 2011 over 2010, and hedge funds accounted for a greater share of ESG alternative funds in 2011 than in prior years.  Other categories of alternative funds employing ESG criteria – and thus following what the Report called a sustainable and responsible investing (SRI) strategy – include private equity, venture capital and real estate funds.  This brief article summarizes the portions of the Report relating to hedge funds.