The de-listing signalled a lack of confidence
from ethical investors in the company's sustainability strategy and performance.
Not exact matches
Challenger will manage the Challenger SRI fund, previously the Tyndall
Ethical Balanced Investment Trust, which currently manages around $ 12 million
from retail
investors.
Terms like «socially responsible investing», or «
ethical investing» are falling out of favour because they have moral overtones, leftover
from the days when
investors chose stocks based on religious or
ethical criteria, for example.
Our community of 20,000
ethical and Islamic crowd -
investors and donors
from 25 countries provide funding for Social Housing development projects in Emerging Indonesia.
To what extent do you view your investing life as an extension of your personal life?By that I mean to what extent do the personal morals and
ethical values of Tim the man govern the investing decisions of Tim the dividend growth
investor?If you ask your typical dividend growth
investor if they would be willing to invest in a lucrative but immoral venture, say selling child pornography or crack cocaine, the answer would probably be «absolutely not» regardless of the yield, valuation or growth prospects of the underlying venture.And yet, ask that same
investor what their thoughts are about Phillip Morris and they would probably describe what a wonderful investment it is and go on about why you should own it.Do your personal morals ever come into play when buying companies, or do you compartmentalize your conscience, wall it off
from the part of your brain that thinks about investments, and make your investing decisions based on the financial prospects of the company?The reason why I'm asking is that I keep identifying stocks of companies that I love
from an investing perspective but despise on a human level.I can not in good conscience own any piece of Phillip Morris knowing the impact that smoking related illness has on the families of smokers.You might say that the smoker made his choice to smoke so you don't mind taking his money, but his children never made that choice and they are the ones who will suffer when he dies 20 years too soon.
In fact, the more that
ethical investors succeed in pushing others away
from the table, the richer the treat that's left for everybody else.
In much the same way, most
investors in cigarette or alcohol companies are quite happy if
ethical investors shoo people away
from these companies.
At least in my experience, many
ethical investors suffer
from a misunderstanding of how the market works.
In short, while I may not agree with every point Burkett makes, in general, most
investors would benefit
from study of the
ethical implications of various real estate and business techniques whether it be based on the Bible, the Koran, or other popular religious or secular teachings.
Modeled on the successful effort to get colleges, pension funds, churches, cities, and states to divest
from apartheid South Africa, the groups are asking
ethical investors to freeze new investments in fossil fuel companies and divest
from direct ownership or commingled funds, which include public equities and corporate bonds.
True, if «
ethical»
investors simply remove their money
from fossil fuels, the chances are that many other
investors will be willing to take their place.
My biggest concern with ABS is the sort of diffusion of responsibility that has occurred in a number of corporate structures (e.g. if an ABS does an
ethical wrong, but magically no lawyer there is actually responsible...) and / or undue pressure
from investors, just as some firms have faced undue pressure
from whale clients.
And some of his methods are questionable both
from an
ethical standpoint and in how realistic it is that a beginning
investor not connected to the media would be able to pull them off — for example, Cramer would buy a lot of stock in a company right before writing about it in his Smart Money article, which would then drive the price higher.