Ms. Emily Thompson is a 45-year-old financial consultant who has recently come into a substantial inheritance of $2 million. She is currently single and has one child, who is 13 years old. Emily's primary goal is to ensure financial security for her child's education and future needs while also maintaining a comfortable lifestyle for herself. She has a moderate risk tolerance and seeks to balance growth with capital preservation.

Emily has expressed an interest in socially responsible investing (SRI) and is particularly focused on sustainability and ethical investment opportunities. Her financial obligations include a mortgage on her home, regular expenses for child care and education, and contributions to retirement accounts. Additionally, she intends to purchase a second home in a desirable location within five years, which she estimates will cost around $800,000.

Develop a comprehensive Investment Policy Statement (IPS) for Ms. Thompson that addresses her financial goals, investment objectives, risk tolerance, time horizons, and any restrictions or preferences she may have. Ensure that the IPS includes specific asset allocation recommendations, types of investments, and outlines strategies to achieve her stated objectives.