Early day motion tabled by primary sponsor Andrew Love (Labour and Co-operative Party), on Thursday, 21 December 2000, in the House of Commons. It is signed by 73 members in total.

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SOCIALLY RESPONSIBLE INVESTMENT

That this House commends the approach taken by the Co-operative Insurance Society in applying the principles of socially responsible investment across its entire ??26 billion portfolio; recognises the success of taking socially responsible investments to the widest public audience by ensuring all the 365,000 ISAs the society has sold since their launch are invested in a socially responsible way but also all the other investments made on behalf of its 4.5 million customers; further notes the potential that this investment strategy has in promoting best practice in corporate governance and business practice both in the UK and worldwide; and calls upon the Government to repeat the principled stand it took on trust-based pensions by ensuring that people who take out stakeholder pensions are aware of the ethical stance taken by the funds they invest in.

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Secondary information

Type

Early day motion

Reference

146 

Session

2000-01

Subjects

Investment Ethics Individual savings accounts Pensions Co-operative Insurance Society

Link

View this Early day motion on www.parliament.uk