Ethical investments hit £9.5bn
Investors are increasingly looking to make a positive difference to the world with the amount invested in UK-based green and ethical funds reaching a record high.
At the end of 2009 the amount invested in these funds totalled £9.5 billion.
The figures from ethical research group Eiris represent a 400% rise in ethical investments over the past decade.
In 1999, just £2.4 billion was invested in UK-based ethical funds.
A recent Eiris poll found 44% of consumers would be interested in finding out the ethical credentials of the next financial product or service that they buy.
Mark Robertson, Eiris spokesperson, said the results of the poll are evidence that consumer awareness on ethical investments is set to continue rising.
“It’s clear that increasing numbers of consumers are turning to those financial institutions which offer financial products that make money whilst making a positive difference to the world,” he said.
“The world is changing fast and many of the issues targeted by green and ethical investment funds such as the need to tackle ageing populations, reduce levels of obesity, address the global power shortage, tackle water scarcity and climate change are creating attractive business opportunities.
“These in turn are creating great investment opportunities which consumers can take advantage of.”