‘Ethical investing’ surges as activists ramp up corporate campaigns
A surge in ethical investing is taking hold in Australia as investors try and stop companies from to engaging in controversial activities, analysts say …
Recent campaigns have also targeted environmental issues including coal mining near the Great Barrier Reef.
The Commonwealth Bank, Australia’s largest bank, has been targeted repeatedly by groups including 350.org for investing in coal mining.
Analysts say investor divestment from coal mining could be due to plummeting coal prices rather than ethics-based decisions.
“The interesting thing to be aware of is they are slowly but surely withdrawing [from coal mine investment],” Mr Lucas said.
“Now, whether or not it comes down to the protests you’re seeing physically or if whether or not it’s just their ethical investment is up for debate.”http://www.abc.net.au/news/2015-11-12/ethical-investing-activists-target-controversial-companies/6927650
No comments yet.
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 
Leave a comment