Brits cash in on ethical investments

Tue, 02 Jun 2009

A new survey by Friends Provident shows that British people want to make a profit on equities, but also care about the social, environmental and ethical effects of their investments.

The report showed that 74 per cent of British people currently making investments said it was essential to take into account ethical issues when doing so while 54 per cent believe it is more important now than 25 years ago.

Top concerns for those who take social responsibility into account when investing include land, sea and air pollution (35 per cent), energy conservation (30 per cent), and climate change (33 per cent).

Trevor Matthews, chief executive officer at Friends Provident, said: "Without a doubt ethical issues are on Brits' minds today more than ever. Many people take an ethical approach to their finances by avoiding investing in companies that are not socially responsible."

Investment firm the Share Centre recently said that there are some funds which could benefit from the policies of US president Barack Obama, thanks to his fiscal stimulus package.
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