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Ethical Investment

I met several people in the finance-with-conscience crowd the other week, when I went for a spot of champers and Marmite soldiers at the House of Commons for National Ethical Investment Week.

I learned about various views on social and positive impact investment, and about elements of the Coalition Government’s “Big Society” and the proposed Green Investment Bank.

Ethical Investment appears to have come a long way since I put some money into a Fair Trade company many moons ago, where I knew I would never see a dividend, or even be able to sell the shares at some point.

Grown up people in sharp suits and big name frocks now do moral banking, and often reap a healthy return on their investment – “doing well” as well as “doing good”, as Adam Ognall of UK Sustainable Investment and Finance says.

I was challenged to think about what faith communities do with their money around a month ago, all precipitated by a conversation I had with Martin Palmer of the Alliance of Conservation and Religions, and then I heard something at a recent meeting that caused me to investigate a little…

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Climate Union : Sharing Principles

Image Credit : Gilbert & George, “Nettle Dance”, White Cube

I’m in the Climate Union. Are You ?

Soon we could all be, if the expansionist plans of a group of social campaigners come to fruition.

Taking in the unions, faith communities and the usual rag-tag bunch of issues activists, the Climate Union aims to establish itself as a political force for Low Carbon.

First of all, however, it has to tackle the uneasy and prickly problem of the exact name of the movement, and the principles under which it will operate.

The flag has been flown : a set of principles has been circulated for discussion amongst the “Climate Forum”. I cannot show you the finalised document yet, but I can offer you my comments (see below).

If you want to comment on the development of this emerging entity, please contact : Peter Robinson, Campaign against Climate Change, mobile/cell telephone in the UK : 07876595993.


Comments on the Climate Forum Principles
Jo Abbess
28 June 2010

I am aware that my comments are going to be a little challenging. I made similar comments during the review of the ClimateSafety briefing, which were highly criticised.

I expect you to be negative in response to what I say, but I think it is necessary to make sure the Climate Forum does not become watered-down, sectorally imprisoned and politically neutered, like so many other campaigns.