Dear getquin Community,
Ever since I started investing, I have wondered if it is ethical to invest in companies that violate animal or human rights. Some argue that investing in these companies could help support and encourage their actions, while others argue that it is possible to invest in these companies to effect change.
There are several ways investors can make their investments more ethical. One way is to consider ESG criteria when selecting companies. These criteria allow investors to identify companies that are committed to more sustainable and responsible business practices.
Another option is to opt for ethical funds that are specifically designed to invest in companies that are committed to social justice and sustainability. These funds often have specific selection criteria and exclude companies that violate human and animal rights.
Personally, I try to make my portfolio more sustainable by, for example, instead of investing in the regular MSCI World ($HMWO (-0.15%)) in the more sustainable variant, $EDMW (+0.15%), instead of the normal MSCI World ( ). I would feel bad if I actively invested in companies that violate human and animal rights. If you know of any other companies or ETFs that are sustainable and take ESG criteria into account, I would love for you to share them in the comments.
What's your take on the whole issue? Is it ethical to invest in companies that violate animal or human rights? How do you handle this issue in your investment portfolio? I look forward to hearing your opinions in the comments! 👇🏼
