What are your thoughts on ethical investments?
04 April 2023
Question by anonymous
What are your thoughts on ethical investments and the foreseeable market climate?
Answered by Boring Money
As quoted in our 'Money Clinic with Bestinvest' webinar:
Ethical investment are those which say No to certain types of investment like tobacco and weapons. They are a bit different to sustainable funds which say No to stuff, but also actively seek out and buy sustainable holdings.
They did really well in 2021 when oil prices were lower, and did badly in 2022 as oil and commodities soared. Over the short-term I don’t see immediate change however if you consider the wall of international money backing green initiatives and the move to carbon neutral I think the outlook over the longer-term for sustainable investments is compelling.