| Ethical Fashion: | | | | In today's competitive world, if investors think only |
| If you thought ethical fashion referred to | | | | about profitable stocks and returns on their |
| not-so-stylish fabrics and old-fashioned designs then | | | | investment, there are chances they will not get |
| think again. Thanks to the rise in globalizations and | | | | better returns. According to finance experts, |
| awareness, serious issues like environmental damage | | | | investors need to think beyond reaping profits and |
| and exploitation of workers in sweatshops across the | | | | try to avoid stocks of companies that are causing |
| world have come to the attention of consumers. | | | | damage to the environment. Even if such companies |
| Environmentalists as well as human rights activists are | | | | promise good returns, investors should avoid |
| also urging people to take notice of how major | | | | investing on the basis of ethics. For instance, religion |
| fashion brands are working and whether or not any | | | | is one factor on the basis of which many people |
| harm is being caused to the environment and | | | | avoid investing money into companies that produce |
| workers due to their functioning. Due to the rise in | | | | substances such as drugs, alcohol or tobacco. By |
| awareness among consumers, companies are finding | | | | choosing green companies for ethical investment, |
| it difficult to run their business in an unethical manner. | | | | investors can send a clear note to such companies |
| With the advancement in technology it has become | | | | that they don't want to encourage their products. |
| easy to spread the word to boycott products of | | | | Investment behavior like this has not only been |
| unethical organizations. This is one of the main | | | | considered a welcome sign for the stock market but |
| reasons why several fashion companies have started | | | | it also a great way of promoting long term |
| taking environmental concerns as well as working | | | | environmental and social well being along with ethical |
| condition of their labors into serious consideration. | | | | consumption. The present need for finance |
| The present need for consumers is to choose | | | | companies and investors is to select companies that |
| companies that are producing clothes and accessories | | | | are making significant contributions and making a |
| without causing minimal or no damage to the | | | | positive difference to the environment and |
| environment. | | | | communities. |
| Ethical Investment: | | | | |