Investors that seek out eco-friendly companies are beginning to see happier returns, reports Telegraph.co.uk. According to Ethical Investment and Research Services, the green and ethical investment sector now has over $15.5 billion across more than 100 funds.
As more companies improve their green credentials, options for green fund managers have improved. Funds position as shareholders allow them to influence organizations' green and social practices. Businesses are beginning to see the ramifications of not establishing green policies.
ExxonMobil's shareholders, led by the Rockefeller family, are staging a revolt over the company's climate change policy and corporate governance practices. Critics say that in continuing to ignore the requests of its shareholders, the oil company has damaged its brand and turned off pro-environment investors.