Australian Ethical Investment wins SRI award
Australian Ethical Investment(AEI) has won the Socially Responsible Investment (SRI) Banksia Environmental Award in recognition for its innovation and leadership in environmentally responsible investment practices.
AEI has offered ethical investments since 1986 and currently manages four unit trusts, with over 80 individual investments.
According to the Banksia Environmental Foundation, AEI won the award for working to make socially responsible investing an accessible and viable option for investors.
The foundation was established in 1989, and recognises individuals, organisations and companies for best practice in environmentally related fields in Australia.
This is the second year socially responsible investments have been included in the awards, withWestpacbeing the winner of this category last year.
AEI marketing director James Thier says like Westpac, his company will use the Banksia award to help raise the profile of ethical investments in Australia and to market the product offerings of his company.
He says while awareness of investments with a social conscience have increased both domestically and internationally, recognition of this area can only improve through such accolades as the Banksia Awards.
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