News in brief - 19 October 2012

From ethical investments to the European Union

by The Friend Newsdesk 19th October 2012

GREEN AND ETHICAL INVESTMENTS are up according to EIRIS, the sustainable investment research specialists. Investment has risen to around £11 billion currently from £4 billion ten years ago. The figures were announced for National Ethical Investment Week (14 to 20 October). Mark Robinson of EIRIS said: ‘The credit crunch and on-going financial crisis, plus unethical behaviour at scandal-hit high street banks, is encouraging more people to switch to financial product providers that offer a more ethical, sustainable and long-term approach to finance’.