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FTSE ethical investment index announced

Howard Lake | 9 March 2001 | News

UNICEF will receive $1 million from a new FTSE ethical investment index.

 


 

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The Financial Times Stock Exchange (FTSE) has announced that it will launch an investment index listing global ethical companies. It will donate all its licence fees, estimated to top $1 million, to Unicef.

 


 

The index, to be called the FTSE 4Good UK is one of a set of indices developed in partnership with the Ethical Investment Research Service. It will go live in June 2001.

 


 

The link between the FTSE and UNICEF follows a visit by FTSE Chief Executive Mark Makepace to a UNICEF project in Ghana in 2000.

 


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