Financial Times FT.com

Development of an ethical concept

By Sophia Grene

Published: October 18 2009 11:22 | Last updated: October 18 2009 11:22

What is sustainable investment?

It started with ethical investing, led mostly by church groups that were reluctant to invest in companies that acted contrary to their ethical beliefs. Arms manufacture, tobacco and pornography were among the commonest exclusions, and many investors still prefer to exclude them.

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