The history of ethical investment can be traced back to the nineteenth century where adherents withheld investment from companies that didn’t embrace temperance, and fair employment conditions. Over the course of the twentieth century the use of ethical criteria when choosing between investment options grew in popularity and spread. Opposition to the apartheid movement for instance in the 1980s in South Africa and environmental concerns gave ethical investment a boost and many more funds were established. By the new millennium close to one sixth of all US funds were invested in companies with a high degree of social responsibility.
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