Latest news about ethical consumerism


 

US investment funds adopt human rights standards

Mar 12

Written by:
12/03/2009 13:47  RssIcon

Vanguard Group Inc., the largest US manager of stock and bond mutual funds, has introduced human-rights standards criteria to investments.

The policy, developed in the past six months, is designed to identify companies whose "direct involvement in crimes against humanity or patterns of egregious abuses of human rights would warrant engagement of potential divestment," the company said in a letter to shareholders.

 

Investors Against Genocide succeeded in placing proposed investing guidelines on the agenda for 30 selected Vanguard funds at the company's July 2nd annual shareholder meeting. These proposals are part of the campaign coordinated by Investors Against Genocide, a non-profit organization, to convince mutual fund and other investment firms to change their investing strategy so as to avoid complicity in genocide. Vanguard have now adopted an essentially identical policy for all 157 funds.

Tags:
Categories:

 

Full News Archive

 

Ethical news archive going back to July 2009.

Read More

Ethical Consumer Blog

Lush Spring Prize awards

  • 25/05/2017 11:41

11 projects announced as the winners of the inaugural Lush Spring Prize 2017

Ethical Consumer Blog

Sugar and Salt in Baked Beans

  • 17/05/2017 09:05

We compare 34 different brands in our recent research into Baked Beans

Ethical Consumer Blog

Organic Certified Beauty Products

  • 15/05/2017 09:13

We list 68 certified brands covering 9 beauty products