| Money Makes The Arms Go Round
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| | financial institutions where there is
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| Do you give money to the arms trade or to
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| | interest-based gain. Secondly you may
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| industries destroying our environment?
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| | wish to actively channel your money to
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| Most of us would be shocked and indignant
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| | companies you approve of. These could be
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| if accused of doing this. But
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| | companies with good labour practices and
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| traditionally, when we invest we give up
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| | safety records, organic farms or
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| the right to decide where our money goes
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| | alternative energy companies, or those
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| and our hard earned cash could be
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| | who benefit local communities.
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| propping up oppressive regimes without us
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| | An independent financial adviser will
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| knowing. Ethical investment gives us the
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| | help you find companies, tailored to your
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| chance to control the money we invest and
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| | specific agenda. You may, for example,
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| prove that profit and principles can work
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| | want to prioritise not supporting
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| together.
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| | companies who work with oppressive
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| Ethical investment is not a new idea. The
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| | regimes, but mind less about investing in
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| Quakers in the 18th century used it to
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| | the tobacco industry. Or you may not mind
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| make a stand against the slave trade
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| | about alcohol production but be
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| refusing to invest money in any business
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| | vehemently opposed to your money funding
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| linked to it. More recently it was used
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| | environmentally irresponsible
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| to attack South Africa's apartheid with
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| | corporations. Whatever you decide
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| the state of California withdrawing $50
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| | independent financial help means you can
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| billion from the country. With
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| | place your money where it won't damage
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| credentials like these it is easy to see
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| | your conscience.
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| why investment can be a powerful tool for
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| | Why not start with your bank? Smile.co.uk
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| social change.
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| | is the Internet bank of the co-operative
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| Thinking ethically means not compromising
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| | bank. It not only has specific ethical
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| on your values or your pocket. For
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| | and environmental policies, but also
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| example, the Ethical Investment Research
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| | fantastic rates on current accounts. They
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| Service concluded ethical funds have a
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| | also have a huge range of ethical
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| lower total risk then those without
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| | investments options. Triodos bank only
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| ethical criteria.
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| | gives business loans to organisations
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| There are broadly two types of ethical
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| | involved in sustainable development
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| investing. The first is screening the
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| | projects and savers are given the option
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| companies you want to invest with to make
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| | of specifically channelling their cash
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| sure their practices don't clash with
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| | into their preferred sector, whether this
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| your principles. These can include bad
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| | is social housing projects or organic
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| environmental practises, the tobacco or
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| | farming. The Ecology building society
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| alcohol industries, pornography,
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| | uses your money to provide mortgages for
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| anti-trade union practises, or the arms
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| | energy efficient houses, ecological
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| trade. In addition to these concerns
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| | renovation or for rescuing derelict
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| Muslims may prefer not to invest in
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| | properties.
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