donderdag 18 december 2008
If you buy fairtrade coffee and organic oranges, then it makes sense to invest ethically. Choosing a green and ethical investment is another way of acting responsibly, but many people are still unaware of this option. This is the reason this event will be organised...
Despite initial scepticism that principles couldn't generate a profit, the sector has proven them wrong by giving healty returns. Now, though, the ethical sector is facing one of its stiffest tests, with commentators questioning its ability to withstand the fallout from the credit crunch.
This week will certainly help ethical investors to see what they can do more for the cause
You can make your money work for both you and the planet. But you shouldn't go green without some careful planning
1. Consider what you mean by ethical
What are YOU against, or what are u for
2. Do your research
3. Find an ethical IFA
If you don't feel comfortable choosing your investment funds, consider taking advice.
4. Consider your attitude to risk.
5. Use your tax breaks
6. Choose an ethical pension
Plenty of pension companies offer ethical funds,
7. Choose your manager carefully
8. Be prepared for smaller returns ...
9. ... But remember performance does matter
You are investing to make your future financially secure so you should strike a balance between principles and profit.
10. Be consistent
The L&P group makes clear that finding something ethical or unethical is very personal. Nevertheless they seem to have a strong opinion about how people invest. More precisely they think that putting your investment in a company that gives something back to our world is better than not investing in unethical companies.
As a solution L&P came up with the L&P Ethical Investment Initiative, were they offer a combination of three funds, with each a different cause.
There view on human rights is based on the Universal Declaration of Human Rights. They make it clear that they won’t support oppressive regimes or invest in anything to do with arms. Ecological impact is for them particularly about fuel. And finally their ideas on international development and animal welfare are quite fitting in a standard policy, against child labour, fur, animal testing, …
dinsdag 16 december 2008
A bit disturbing is that none of those banks is classified as very low risk. Even more disturbing is that only one bank has a low risk of harmful investment and the rest is put into the three highest ranks.
The conclusion is that something has to change in the investment policy of our banks.