Want to invest ethically? Look to your own backyard
- Published on Sunday, 23 October 2011
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| The Butchers Arms in Cumbria was saved by ethical investors |
Putting money into a community project gives ethical investors the chance to do everything from cutting carbon emissions to buying a stake in the village pub.
That's not to say they don't want a return on their cash but they'd rather it came from this kind of venture than traditional stocks and shares.
Colin Mather is a 67-year-old retired civil engineer. He's put £1,000 towards a 50kw hydroelectric turbine shortly to be installed on the River Esk, near Whitby. He wants his money to help cut carbon emissions, produce renewable energy and fund green energy education programmes.