COMPANIES once linked to "unethical practices" deserve a second chance to be included in ethical funds, according to the 10th anniversary edition of the Standard Life ethical investor survey.
The survey found 75pc of respondents believed a company which has acted unethically needed to show it had ceased activity for at least three years before it would be acceptable. The survey examined a range of investor views on issues including community involvement, employment, positive products, social impact, gambling, genetic engineering, pornography, human rights and animal testing. Respondents also said managers of ethical funds should pick companies with a pro-environmental business model which promote improving working conditions in global supply chains. Julie McDowell, secr...
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