Interested in maladministration. Estd. 2005
 RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Promoting Human Rights in IrelandHuman Rights in Ireland >>
News Round-Up Thu Apr 24, 2025 01:06 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.
Global Warming is Mostly Caused By the Sun, Not Humans, Says Astrophysics Professor Wed Apr 23, 2025 19:00 | Hannes Sarv
Up to two thirds of recent warming is because of the Sun, not humans, according to Astrophysics Professor Nir Shaviv. This means there is no climate emergency and we should adapt rather than curb CO2 emissions.
The post Global Warming is Mostly Caused By the Sun, Not Humans, Says Astrophysics Professor appeared first on The Daily Sceptic.
Professor Fired for Questioning Gender Ideology Wins $1.6 Million Settlement Wed Apr 23, 2025 17:00 | Dr Frederick Attenborough
In a landmark victory for academic freedom, the University of Louisville will pay nearly $1.6m to a respected psychiatrist fired for questioning the use of puberty blockers and cross-sex hormones on children.
The post Professor Fired for Questioning Gender Ideology Wins $1.6 Million Settlement appeared first on The Daily Sceptic.
Miliband Poised to Charge People in South More for Electricity Wed Apr 23, 2025 15:00 | Will Jones
Ed Miliband is set to approve changes under which households in the South would pay more for electricity than those in Scotland and the North.
The post Miliband Poised to Charge People in South More for Electricity appeared first on The Daily Sceptic.
US Companies Admit to Avoiding Hiring White Men Wed Apr 23, 2025 13:22 | Will Jones
Hundreds of American companies have admitted to deliberately shunning white men for jobs due to DEI policies amid pressure to make workplaces more diverse, according to a survey.
The post US Companies Admit to Avoiding Hiring White Men appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en
Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en
Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en
Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en
The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en Voltaire Network >>
|
where does your money go?
 national |
consumer issues |
opinion/analysis
 Tuesday March 06, 2007 16:17 by useless eater
Most readers and contributors to Indymedia, I presume, would be against the arms trade and money going towards 'third-world' exploitation, deforestation, or animal testing for eg., yet every one of us contributes to these decidely unethical practices. The reason is of course, that most people have bank accounts, if not pensions or investments. Our money doesn't just fester in bank vaults - it is invested and reinvested to get the maximum return (which frequently means nasty investments).
Hence the need for SRI or Socially Responsible Investing, which many believe started with the Quakers in the 18th c. when it was decided at the Society of Friends' annual meeting to prohibit members from buying or selling in humans. John Wesley, founder of the Methodist Church outlined some basic aspects of SRI incl. not to harm your neighbour through business practices and to avoid industries like tanning and chemical production that pollute rivers.
Nowadays, people associate ethical/ socially responsible investments with: equal opportunities, animal welfare, organic/fair trade producers, public transport etc. No nos include land/ human rights abuse, oil companies, pesticides, gambling, water pollution etc.
Despite such 'Ethical Investment Banks' becoming increasingly popular overseas, the nearest thing we have is the Credit Union (which is good in some respects but doesn't go far enough) As far as I know, not much account is taken of how ethically money can be invested (apart from some community development projects)
There are of course differing standards of what constitutes 'Socially Responsible Investing' and some so called 'ethical investments' are questionable, but such banks are no doubt a step in the right direction.
So start lobbying! Go to your next Credit Union AGM (usually December I think) and bring up this issue.
Write to your bank and ask them where they stand on ethical investing (for sure no large bank in IRL has even considered it!)
|
printable version
Digg this
del.icio.us
Furl
Reddit
Technorati
Facebook
Gab
Twitter
View Comments Titles Only
save preference
Comments (1 of 1)
Jump To Comment: 1...for bringing this up. It is an important issue, and one that most banks would like to keep quiet. Incidentally, pressure put on banks in recent years has actually pressured them into making more ethical choices about where they invest.