An overview of green investing
Is it possible to save money and save the planet at the same time? It seems difficult to believe, but with the environment taking centre stage amongst politicians and the media, there is a growing trend towards ethical investing.
By making financial decisions through your choice of mortgage, bank or building society, pensions or insurance, you can influence how your money is invested.
Pressure on corporate giants
Investing in blue-chip companies has never been the most ethical of moves. But thanks to the green agenda, many conglomerates are coming under mounting pressure to start thinking about how they treat their staff, source their goods and deal with waste.
Just look at what famous high street names such as Tesco and Marks & Spencer are doing - pledging to reduce packaging and reducing the number of products they fly in. More and more consumers now believe that companies should incorporate these ethical matters into their corporate strategy.
How do I get involved?
There are a number of fund managers and researchers that specialise in find ethical ways to invest. Find an ethical investment advisor who can help you seek out the most progressive companies that will also give you a good return for your money.
Tell me more
Some mortgage companies, for instance, will only lend cash on homes that give ecological payback such as houses that will be restored or buildings that are made in an environmentally friendly way. You can even get an ethical pension. Get in touch with an advisor who can tell you more.
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