Green M&A boosting ethical funds

Growing public concern about green and other ethical issues is causing many big companies to consider launching their own ethical services, and it is often easier to acquire an existing ethical company than starting afresh, says Mike Fox, investment manager of CIS Sustainable Leaders Trust at Co-op Investments. “Garden centre chains for example have recently began interesting big retailers because they are seen as the ideal vehicle for selling environmentally linked products, such as wind turbines, to consumers”, explains Fox. Despite slowing M&A activity, caused by the global credit cr...