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Storm brews over the content of ethical funds

Author: Huma Qureshi, Guardian [UK], Published on: 17 February 2008

Ethical and climate change funds that claim to be socially responsible are failing to invest in companies which support the environment, a new study claims. The report by independent financial adviser Holden & Partners reveals most ethical funds are 'surprisingly mainstream' in their overall portfolios, with very little investment in committed environmental companies...[also refers to Neste Oil, BP Premier Oil, Shell, HSBC, GlaxoSmithKline, Vodafone, Schroders, Associated British Foods, Legal & General, Barclays, Tesco, Lloyds TSB, Henderson Ind., Solarworld, Jupiter, Bioteq Environmental Technologies, Augean, F&C, Norwich Union, Standard Life, SRI Funds, Triodos Renewables, Allianz, F&C, Eon, Vestas Wind Systems, Suez, Virgin Money, Impax Environmental Markets, Hargreaves Lansdown, Aegon Ethical Equity]

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Related companies: Aegon Allianz Associated British Foods Barclays BP E.ON F&C Asset Management GlaxoSmithKline HSBC Legal & General Investment Management Lloyds Neste Oil Norwich Union (part of Aviva) Premier Oil Schroders Shell SolarWorld Standard Life Suez Tesco Triodos Bank Vestas Wind Systems Virgin Group Virgin Money (part of Virgin Group) Vodafone