I think charities should certainly be sensible about their investments, and putting their money where their mouths are. To promote your charity's ends, it's only sensible to try to invest in companies that support those ends and not invest in companies that don't. A group campaigning for an end to sweatshops really shouldn't own stock in companies that use sweatshop labour, clearly. But should a group protesting the war in Iraq be deterred from owning stock in, say, IHS, which publishes useful information in Jane's Defence News and Lloyd's Register-Fairplay but also provides military consulting services?
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Date: 2009-05-26 07:07 pm (UTC)