Animal testing is still a key ethical criteria for investors looking for ‘ethical’ funds. It is also an area riddled with complications both for the Fund Managers and investors.
The basic animal testing ethical screens are:
• Medical testing on animals; and
• Cosmetic testing on animals.
This seems simple doesn’t it? But the theory is much easier than the practice. Surely testing on animals is black and white I hear you say! But in practice it’s not so easy, because in our society we have laws which force companies to test on animals even when products have been used on humans for years. Madness isn’t it! So even if you are a company where not testing on animals is part of the DNA of your business and process sometimes you cannot avoid it.
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