Social harm is a bir of a nebulous concept. Lots of ethical funds won't invest in fossil fuels, but without coal, oil and gas most of the worlds population would be plunged into poverty. Some people think weapons producers are immoral but we we have Russia and China is having a means of self-defense amoral? Personally I enjoy a glass of beer and sometimes a whisky but are alcohol companies wrong? How about pork or palm oil?
I'm not a big fan of "ESG" investing as most funds practise it.
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Re: The Ethics of Investment in Controversial Industries**.
It's a personal decision.Richard1201 wrote: ↑Mon Jan 20, 2025 8:45 am Should investors consider the broader impact of their portfolios on society and the environment?
My own take on this is that it is very difficult to find funds that accurately reflect my wishes, so I invest in broad based index funds and use some of the profits to donate to charities and groups that support my views.
Others will make different decisions.
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