Report written by Ta Nhat Linh (Danielle)
Student’s number: 21833
Course: BAE – Class: 5
Teacher’s name: Mary Cayley, Paul Roxanas
Table of contents
Executive summary…………………………………………………………………..3
Introduction……………………………………………………………………………5
Background information on ethical investments………………………….........5 1.1. What investors consider when investing ethically?..............................5 1.2. Whether socially responsible investments are profitable or not?.......6 Evaluation of Westpac in terms of ethical investing…………………………...8 2.1. Ethical corporate behavior…………………………………………………..8 2.2. Respect for the rights of their employees………………………………..9
Evaluation of Westpac in terms of profitability………………………………….9
Recommendation…………………………………………………………………….10
References…………………………………………………………………………….11
Executive summary
The aim of this report is to help Mr. Tony Pham invest ethically in Westpac. It provides background to ethical investing and examines Westpac Banking Group in terms of its ethical and financial performance. This report surveys background knowledge about ethical investments and the assessment of profitability of this compared to conventional ones. Moreover, this also examines Westpac in terms of its ethical and financial performance and suggests some recommendation about whether the client should invest in Westpac or not.
The results of the research indicate that ethical investors often consider three main issues for their ethical investments: economic, social and environmental issues. Whether investing ethically is profitable or not is critical, but it may have a negative impact on community, society and the organization in the long-term. Furthermore, Westpac has good corporate social responsibility, such as: good ethical corporate behavior which makes Westpac be one of good choices for a wide range of investors all over the world and respect for the rights of
References: -tbl-reporting2003.pdf> Hoggett, J, and Nahan, M, ‘Ethical Investment-Deconstructing the Myth’, IPA Review, 2002, p