Ethical investing is reforming capitalism’s vices
Winston Churchill said the inherent vice of capitalism is its unequal share of blessings. Today, the ever-widening chasm of inequality is contributing to a potential tide of political shocks across the West. But it is not all doom and gloom. A rapidly increasing number of individuals are attempting to redress inequalities by using their money to make the world a fairer place – and cleaner one too. In my last blog, I looked at how social investments such as community shares have the potential to transform large parts of our economy. An even more important example, in terms of size, is green and ethical funds. According to research organisation Vigeo
