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Through our life assurance, pension, or current account most of us will be investing in publicly owned companies in some way. In many instances these investments will be in companies who are polluting the environment, exploiting their workers or manufacturing weapons.

Although you may think that an individual cannot influence the money markets, the fact is that the faster ethical investment grows, the greater will be the pressure on the conventional investment institutions. They will be forced to move away from companies who persist in following socially irresponsible practices.

The number of ethical funds in the UK has grown significantly in the past decade, and there are now over 50 to chose from. The ethical criteria that are used vary from fund to fund, look at the EIG Funds Directory to compare them.

Ethical Investment Group also provide information on:

• individual savings

• ethical ISAs

• stakeholder pensions

• company pensions

We recommend EIG both for the quality of their specialist advice and also for their unique profit distribution scheme which sees more than half of their fees donated to charity.