abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

9 Nov 2010

Author:
Nina Röhrbein, Investment & Pensions Europe

Two-thirds of Brits think banks should lend 'ethically', survey finds

Nearly two-thirds of the UK public thinks banks should have ethical lending policies in place to prevent them from investing in or lending to companies involved in controversial areas such as arms manufacturing or companies with poor records on the environment and human rights...In the wake of the BP oil spill, 82% of the UK public think it is important for financial product providers to pay more attention to environmental, social and governance risks when deciding which companies to invest in or lend money to...Respondents were presented with a list of ways banks or financial institutions could offer more to their customers. Ranked highest (77%) was the disclosure of information on how and where banks invest their money.