Publishing Guide

Upcoming Events

National | Consumer Issues

no events match your query!

New Events

22 Mar [Dublin] National Demonstration for Palestine: End...

more >>

Other Press

Consumer Issues

Non-mortgage debt and financial wellbeing of Irish households 22:34 Apr 13 0 comments

"Monsanto protection act" slips silently through congress 18:52 Mar 26 0 comments

Clinton tells rich they are the problem at 2500 a head event in Dublin 11:30 Oct 01 4 comments

Attitudes in Mental Health Services 19:41 Aug 11 25 comments

Local food 14:31 Jul 18 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Anti-Empire

North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Human Rights in Ireland

Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

Declined: Chapter 18: The Unthinkable Sun May 11, 2025 09:00 | Molly Kingsley
Chapter 18 of Declined is here ? a dystopian satire by Molly Kingsley about the emergence of a social credit system in the UK. This week: Theo is told he can leave re-education camp. But is it too good to be true?
The post Declined: Chapter 18: The Unthinkable appeared first on The Daily Sceptic.

The Backlash to the War Against Boys Sun May 11, 2025 07:00 | Noah Carl
A new analysis has uncovered a sharp fall in support for gender equality among American teenage boys?and it isn't driven by social media. Could this be the backlash to the demonisation of men an masculinity?
The post The Backlash to the War Against Boys appeared first on The Daily Sceptic.

News Round-Up Sun May 11, 2025 00:47 | Will Jones
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.

Major British Chemical Plant Faces Closure as Energy Prices Soar Sat May 10, 2025 17:00 | Will Jones
One of Britain's biggest chemical plants is at risk of closure after?the site's Saudi owners?paused a multimillion-pound upgrade project citing high energy prices and a lack of Government concern for the crisis-hit sector.
The post Major British Chemical Plant Faces Closure as Energy Prices Soar appeared first on The Daily Sceptic.

NHS Nurse ?Forced Out for Mocking Trans Flag? to Sue Hospital Sat May 10, 2025 15:00 | Will Jones
NHS Nurse Amy Gallagher, who says she was forced out of her job for mocking the transgender flag after being placed under investigation for more than a year, is to sue the?hospital where she worked.
The post NHS Nurse “Forced Out for Mocking Trans Flag” to Sue Hospital appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network

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

Report this post to the editors

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!)

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

save preference

Comments (1 of 1)

#	Title	Author	Date
1	Well done...	Catlady	Wed Mar 07, 2007 18:17

Add Your Comments >>

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy