Monday 22 April 2013

Ethical investments

Ethical investments are about placing money according to morals and beliefs, not simply profit at any cost. However, that doesn't mean that you have to compromise on returns; just that the investments are made more selectively and avoid environmentally damaging practices, trade with oppressive regimes and countries with poor human rights records, gambling, tobacco companies and the arms industry. “To honestly achieve a sustainable economy, humanity must step through a paradigm shift, as profound as the transition in the sixteenth century, when Copernicus showed that the earth is not the centre of the universe. Likewise, ecology teaches us that humanity is not the centre of life on the planet. Just as the Pope's henchmen refused to look through Galileo's telescope, some economists avoid looking out the window to see what keeps humanity alive: photosynthesis, precious materials, and concentrated energy.” - Rex Weyler

No comments:

Post a Comment