Ethical investment campaigns shouldn’t focus on so-called sin stocks like tobacco and alcohol, but on all sectors that act unethically
By Brett Scott of The Guardian
It is becoming increasingly common to question the ethical dimensions of investment. Institutions, pension funds and individuals have faced pressure to divest from investments in controversial industries, including so-called sin stocks such as alcohol, tobacco and arms companies.
The debate around sin stocks, though, is a confused one that risks misrepresenting what ethical investment should focus on.