Changes at government and industry levels mean it is profitable to invest in companies that regard environmental and ethical standards, and this can be done via a variety of retail funds
Ethical investment has become more popular over recent years and there are now 30 funds concentrating on green or responsible investing in S&P's ethical equities sectors alone. The amount of money in retail funds which concentrate on socially responsible investing (SRI) grew from £1.5bn in 1997 to over £6bn in 2003, according to Eurosif, and the number of accounts has more than tripled in that time. One of the reasons for the growth in ethical investing is the rise of ethical consumerism in general. Concern for the environment and human rights means that the average consumer pays much mor...
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