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Sustainable investing has gathered momentum across the world in the past decade as investors look for financial returns while helping to achieve a positive impact on the world around them.
Long viewed as a niche asset class catering to wealthy individuals and institutions that wanted to avoid controversial industries, the phrase ‘sin stocks’ emerged to describe frms linked to industries perceived by some to be unethical, such as tobacco, alcohol or gambling. Such funds will exclude these stocks or screen them out, but each investor has views on what is and isn’t ethical.
