Not only has the recent fall in oil prices meant more money in our pockets, there have been some interesting environmental consequences.
Between 2013 and 2014 the global sustainable investment market grew by 61%, according to a new report. Last year the market saw $21.4 trillion (£13.8tn) in assets invested sustainably, compared to $13.3 trillion (£8.5tn) in 2012.
In the Spring Budget, the Chancellor announced that National Savings and Investments (NS&I) will launch 2 fixed-rate, market-leading savings bonds for people over 65 (Pensioner Bonds) available January 2015 (exact date to be announced).
There has been an increasing amount of corporate scandals recently covering anything from poor sales practises to tax evasion.
Alliance Trust have recently launched two new ethically screened funds (Sustainable Future Cautious Managed and SF Defensive Managed) to complement their 7 other ethical funds.
The Quaker Britain Yearly Meeting’s Investment Committee announced last year that they wanted to avoid investing in fossil fuels.
Last week we volunteered our services to help a local charity –The Benjamin Foundation. Our task was to create a butterfly garden in their Great Yarmouth Aspire Centre.
FACT: 2.5 billion people don’t have a loo. That is 40% of the world’s population!
In January we invited Bryn Jones, fund manager of the Rathbone Ethical Bond Fund to talk to us about the fund he manages. Among the many interesting themes identified by Bryn, we have picked two for this newsletter: Community support and social housing.
Our response to this topical and challenging question was to see how the main ethical investment providers in the UK currently engage with the oil and gas sector and how companies in this sector might feature within those funds which form the core of most ethical portfolios.