Proposed measures could encourage socially responsible investment

Socially responsible investment - specifically green ventures - could be supported by a central team, it has been suggested.

A lack of understanding and uncertainty about the future could put businesses off making socially responsible investments including low-carbon initiatives, according to one sustainability expert.

Paige Andews, executive director of Climatico, suggests a central body dealing with environmentally-friendly investments could provide businesses with a clear and consistent message, as well as clarifying government policy and encouraging socially responsible asset management.

She described this point of contact as ’highly desirable’ and noted financial incentives and credits coupled with spending on low-carbon infrastructure might support the reduction of Britain’s ecological footprint.

The Department of Energy and Climate Change’s Low Carbon Transition Plan includes green jobs for more than 1.2 million people and cutting 1990’s emission levels by more than a third. ADNFCR-2318-ID-19870749-ADNFCR