Ethics does not always equal ethics…
August 3, 2006 § 1 Comment
Quite a big number of Belgian banks offer ethical funds. This means mostly that the companies in those funds are not weapon related, tobacco-related or alcohol-related.
KBC now offers an ethical fund (Equisafe sustainable, link to Dutch page), which ensures investors that they will not invest in condom producing companies… so it’s very popular with the catholic religious ones (and that’s where the idea comes from, the Irish catholics)