Special Report on
Ethical banking and investments
Ethical banking and investments - Trends
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Some of the most well known applications of socially responsible investing were religiously motivated. Investors would avoid “sinful” companies, such as those associated with products such as guns, liquor , and tobacco . The modern socially responsible investing movement evolved with the political climate of the 1960s. Economic development projects started or managed by Dr. Martin Luther King, like the Montgomery Bus Boycott and the Operation Breadbasket Project in Chicago, established the model for future socially responsible investing efforts. King combined ongoing dialog with boycotts and direct action targeting specific ...
Consumer spending on “ethical” products from Fairtrade food to eco-friendly travel has almost tripled in the past decade, a survey reveals today. The Co-operative Bank’s annual ethical consumerism report, which measures ethical spending, shows that overall the ethical market in Britain has expanded from £13.5bn in 1999 to £36bn a decade later. The rate of increase in household spending on ethical products outstripped the growth in overall consumer spending, which increased by 58% over the decade. But overall, the total market for goods that were environmentally friendly, ... Read More
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ETHICAL BANKING AND INVESTMENTS
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Davos Annual Meeting 2010 - Global Economic Outlook