Social investment and profits can go 'hand-in-hand'

Undertaking an ethical or social investment can still mean that the individual gains a profit on their investment.

Such is the opinion of Robert Hague, portfolio manager at Emerald Knight, who explained that ethical or socially responsible investments are investment owning companies, which conduct their business according to socially responsible policies.

That means that the money invested in the company will not be used to damage the environment, to exploit people or to fund firms involved with deforestation or animal testing.

Research by the firm shows that just 30 per cent of people think you can have a profit when undertaking ethical or social investments.

However, Mr Hague feels that this should be a higher number as profit and ethical investment can go 'hand-in-hand'.

He said: "Ethical investments particularly involve investment in the few industries which are set to remain in positive growth through the global recession and the returns demonstrated by ethical products have been very good indeed."

A social investment fund provided by CAF Venturesome has recently helped Oxford City Council give funding to a charity, which will aid homeless and vulnerable people.
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