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UKSIF plans week to promote greener investments

November 27, 2007 by admin  
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The UK Social Investment Forum (UKSIF) is to run the first National Ethical Investment Week next year, it has emerged.

Members of financial professions will be encouraged to raise awareness of the variety of green and ethical investment options available during the week, which will take place between May 18th and 24th.

The initiative has received the backing of some of the industry leaders in ethical and green investment products, such as Friends Provident, Norwich Union and Henderson Global Investors.

George Latham, head of SRI at Henderson Global Investors, commented: “The evidence can no longer be ignored: consumer interest in sustainable and responsible investing is continuing to grow rapidly.”

“This initiative is a welcome and necessary contribution to the ethical debate, raising the profile of the industry and underlining that investing with a conscience can be a powerful and profitable catalyst for change,” Mr Latham added.

Meanwhile, fund propositions manager at Norwich Union, James Dalby, said that the week would help dispel the “many myths” that surround ethical investment, which he said are “generally untrue”.

Tags: social investment forum, profile, norwich union, National, backing, investment options, Business ethics

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