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UKSIF: People want different things from ethical investments

May 14, 2008 by admin  
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People are seeking ethical investments so they can influence business practices, the UK Social Investment Forum has said.

Chief executive Penny Shepherd said that consumers are choosing ethical investments not only to make good financial returns, but also to encourage businesses to act more responsibly or because they want to support the development of new solutions for a sustainable lifestyle.

“We are keen that funds are clear about what they do – we support the European transparency guidelines, which a number of the funds have signed up to,” commented Ms Shepherd.

She also advised consumers to approach a financial advisor if they are considering an ethical investment.

This comes just before the launch of the first National Ethical Investment Week (May 18th – 24th), aimed at encouraging people to consider green and ethical investment options.

Google faced questions over how ethical its business operations are at its annual general meeting last week.

Shareholders are concerned over the services the company offers in China, which comply with the Chinese government’s censorship laws, BBC News reported.

Tags: executive, Business ethics, BBC News, censorship, Ethical, business, sustainable lifestyle."We, business operations

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