Investors getting greener

Many more people are concerned to ensure their investments are made in a firm that is socially and environmentally responsible, it has emerged.

Mark Robertson, a spokesperson for EIRIS, explains that people are increasingly considering their options when it comes to ethical finances.

“There has been a huge upsurge in interest on ethical issues from consumers generally; more people are buying organic food produce, more people are buying greener energy products, and the interest is now spilling over into finance now and issues, particularly like climate change are driving things,” he said.

There are many more options available than there once were when it comes to green finances, he explained.

This year, Citigroup committed $50 billion (£24 billion) to green projects, joining many other leading financial companies who are starting to address green issues.

In June this year, Which? found that 47 per cent of women would be prepared to accept a lower return on their investment if their bank operated ethically, compared with just 36 per cent of men.

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