Investments with a clear conscience
The number of people looking at saving and investing in a more ethical, 'green' way is on the increase. And whilst a decade or so ago ethical saving and investing was deemed as being not particularly profitable, nowadays it has shown to be a fairly sound way to invest.
The Ethical Investment Research Service, known as Eiris, has revealed that a decade ago £1.5 billion was invested into what was classed as green, environmental or socially responsible funds. However, there is now close to £7 billion expected to be invested.
People in general are becoming more eco-aware and this is causing companies to show they are just as passionate about their environment and social responsibility.
Typical investments used to be in tobacco, arms and other non-ethical trades, nowadays you will find investments backing organics and renewable energy resources instead.
The whole ethical investment issue over recent years has proven itself to be worthwhile, not just in terms of social conscience, but also at providing lucrative returns. Lots of ethically invested funds have shown a much larger return over a 3 year period than other investments.
If you are planning on investing any money in whatever way, it is always advisable to discuss your options with an independent financial advisor.
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