ethical futures

There has been a lot written and spoken about so called ‘moral capitalism’  in the media recently. Much of this driven by the activities of the Occupy movement and the continued trend for senior executive pay of FTSE 100 companies to drift higher and higher despite the financial crisis and the poor performance of many of their businesses.

This is an area that ethical and sustainable investing should be taking a lead in but I regret to say that at the moment as many of the funds have not been that vigilant of the executive pay issue. However, I certainly do think that it gives us an opportunity to contribute to the debate and to further the cause not just for negative screening but for building the debate about values led,  socially responsible businesses that operate as responsible corporate citizens and develop sustainable business models.

I was approached recently by the ‘on-line’ magazine blue&green tomorrow for comments about the Prime Ministers recent speech on the topic; I’m afraid that when I read the transcript of his speech it hit my ‘hot button’ – so they got a bit more a response that they bargained for! However, they must have liked what I said because they published it as a standalone article.  I have attached below the link to the article – these are my personal thoughts and don’t necessarily represent the views of Ethical Futures llp.

Julians article:-  http://www.blueandgreentomorrow.com/features/2012/1/24/were-not-all-in-it-together-the-rise-of-bloated-capitalism.html

J Parrott – Partner