Socially responsible investing 'has advanced in the last 5 years'

Socially responsible, ethical investment has made a significant amount of progress in the last five to ten years, it has been asserted.

Mark Robinson, spokesperson at the Ethical Investment Research Service, made his comments following the publication of a new study from the organisers of National Ethical Investment Week.

The research indicated that 50 per cent of investors believe that the government should take steps to encourage greater transparency within the financial services sector to enhance understanding about ethical investments.

In addition, 47 per cent of respondents said that education about investments should be made available in schools.

Mr Robinson said that making socially responsible investments is no longer simply a strategy that involved avoiding negative areas.

’It is about managing risks well and also looking for investment opportunities just as much as about enabling people to avoid certain things that do not match their principles,’ the industry expert concluded.ADNFCR-2318-ID-19462530-ADNFCR