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Ethical Investing

Ethical investing

Ethical investing

Invest to reflect your personal values, for a flat fee of £9.99 a month. Our impartial insight can help you make the right choice for you.

view ethical investments long list

Investing for good is not just straightforward with ii, it is ACE. We have collated more than 140 ethical investment options to help you identify the socially responsible and environmental funds, investment trusts and exchange-traded funds (ETFs) that best reflect your own values.

From these we have selected our ACE 40, the UK’s first rated list of ethical investments, with each fund sorted by asset class and placed into one of our ii ACE ethical styles.

ACE ethical styles explained

lineAvoids

Funds that exclude specific companies, sectors or business practices, such as tobacco.

lineConsiders

Strict environmental, social and governance (ESG) criteria, such as pollution levels, are taken into account.

lineEmbraces

These focus on companies that deliver positive social and/or environmental outcomes, such as renewable energy.

Where a fund's manager adopts more than one style, we use the strongest category that applies. 

Our video explains more about ethical investing, while this article looks at why investing ethically does not have to mean sacrificing returns.

Our aim is for our long list to be as comprehensive as possible, as we recognise that different people have different aims and opinions. Ethical investment is uniquely personal, meaning that investors may take a significantly different view of an investment.

The information we provide in the ethical investments long list does not constitute a personal recommendation. You should ensure any investment decisions you make are suitable for your personal circumstances. Past performance of the underlying constituents is not a guarantee of future performance. Remember, the value of investments and any income from them can fall as well as rise, so you could get back less than you invest.

Insight

Our ethical investment list has been built in collaboration with SRI Services – an independent company devoted to advancing sustainable and responsible investment (SRI) – and uses information from our data provider, Morningstar. You will see two related categories in our list:

The Fund EcoMarket (FEM) zeroes in on the core issues and approach of the fund manager.

The Morningstar Sustainable Fund Type identifies sustainable investments that state they either use ESG criteria as a key part of the screening process, indicate a sustainability-related theme or seek measurable positive impact alongside financial return.

You can find full definitions of each category here.

This list will be updated as new funds, trusts and ETFs are launched with an ethical or sustainable approach. We hope it serves as a starting point for your own research to ensure your choices align with your values and priorities.

Moira O'Neill
Head of Personal Finance
at interactive investor

Tools

Ethical growth portfolio – designed to give you an idea about how you can build your own balanced ethical portfolio

Jargon buster – get a better understanding of ethical investing and the funds you are considering

We answer your questions about the ethical investment list and how to start investing - click here to find out more.

Ethical investments long list

Filter ethical investments by asset type

UK equities

UK equities

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

ASI Responsible UK Equity I Acc Embraces Ethically Balanced ESG Focus
ASI UK Ethical Plat 1 Acc Considers Ethically Balanced ESG Focus
BMO Responsible UK Equity 2 Inc Considers Ethically Balanced ESG Focus
Castlefield B.E.S.T Sust UK SmComs Instl Considers Sustainability Themed ESG Focus
EdenTree Amity UK B Considers Ethically Balanced ESG Focus
Aegon Ethical Equity Avoids Negative Ethical ESG Focus
L&G Ethical I Acc Considers Sustainability Themed ESG Focus
L&G Future Wld Gender Lead UK Idx I Acc Considers Social Themed Impact
Liontrust Sust Fut UK Gr 2 Net Acc Considers Sustainability Themed ESG Focus
Liontrust UK Ethical 2 Net Acc Considers Negative Ethical ESG Focus
Premier Ethical C Acc Considers Ethically Balanced ESG Focus
Royal London Sustainable Leaders C Acc Considers Sustainability Themed ESG Focus
Threadneedle UK Sustainable Equity Z Acc Considers Sustainability Themed ESG Focus
UBS ETF MSCI UK IMI SRI GBP A dis Avoids Negative Ethical ESG Focus

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UK equity income

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

BMO Responsible UK Income 2 Acc Considers Ethically Balanced ESG Focus
Castlefield B.E.S.T. Sust Inc Instl Considers Sustainability Themed ESG Focus
Janus Henderson UK Responsible Inc Considers Ethically Balanced ESG Focus
Jupiter Responsible Inc Fd I Inc Considers Environmentally Themed ESG Focus
Trojan Ethical Income X Acc Avoids Negative Ethical ESG Focus
Unicorn UK Ethical Income B Acc Avoids Negative Ethical ESG Focus

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Global equities

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

ASI Ethical World Equity I Acc Considers Ethically Balanced ESG Focus
ASI Multi-Mgr Ethical I Acc Considers Ethically Balanced ESG Focus
Baillie Gifford Global Stewardship B Acc Considers ESG Plus ESG Focus
Baillie Gifford Positive Change B Acc Embraces Sustainability Themed Impact
Baillie Gifford Rspnb Glb Eq Inc B Inc Considers ESG Plus ESG Focus
BGF Sustainable Energy D4 GBP Embraces Sustainability Themed Sustainable Sector
BMO Responsible Global Equity 2 Acc Considers Ethically Balanced ESG Focus
BMO Sustainable Opports Glb Eq C Acc Considers Sustainability Themed ESG Focus
BNY Mellon Sus Global Eq Instl W Acc Considers Sustainability Themed ESG Focus
BNY Mellon Sust Glbl Eq Inc Inst W Inc Considers Sustainability Themed ESG Focus
EdenTree Amity International B Considers Ethically Balanced ESG Focus
FP WHEB Sustainability C Embraces Sustainability Themed ESG Focus
Franklin LibertyQ Global Equity SRI ETF GBP Considers Ethically Balanced ESG Focus
Fundsmith Sustainable Equity I Acc Considers Sustainability Themed ESG Focus
Hermes Global Equity F GBP Acc Considers ESG Plus ESG Focus
Hermes Impact Opportunities Eq X GBP Acc Embraces Sustainability Themed Impact
Impax Environmental Leaders XGBP Acc Embraces Environmentally Themed Sustainable Sector
Impax Environmental Mkts Ire X GBP Acc Embraces Environmentally Themed Sustainable Sector
Impax Environmental Markets Ord Embraces Environmentally Themed Sustainable Sector
iShares Dow Jones Glb Sust Scrn ETF $Acc GBP Avoids Sustainability Themed ESG Focus
iShares MSCI World Islamic ETF USD Dist GBP Avoids Faith Based Shariah Focus
Janus Henderson Global Sust Eq I Acc Considers Sustainability Themed ESG Focus
Jupiter Ecology I Inc Embraces Environmentally Themed Sustainable Sector
Jupiter Green Ord Embraces Environmentally Themed Sustainable Sector
Kames Global Sustainable Eq GBP C Acc Considers Sustainability Themed ESG Focus
L&G Future World Sustainable Opps I £Acc Considers Sustainability Themed ESG Focus
L&G Future Wld Clmt Chg Eq Fct Idx I Acc Considers Environmentally Themed Impact
M&G Global Select GBP I Acc Considers ESG Plus ESG Focus
M&G Positive Impact Sterling I GBP Acc Embraces Sustainability Themed Impact
Menhaden Ord Embraces Unclassified Impact
Montanaro Better World GBP Embraces Sustainability Themed Impact
Nomura Global Sustainable Eq I GBP Acc Considers Sustainability Themed ESG Focus
Pictet - Global Envir Opps I dy GBP Embraces Environmentally Themed Sustainable Sector
Quilter Investors Ethical Eq R (GBP) Acc Avoids Negative Ethical ESG Focus
Rathbone Global Sustainability I Acc Considers Sustainability Themed ESG Focus
Sarasin Responsible Glb Eq Stg Hdg P Acc Considers Sustainability Themed ESG Focus
Sarasin Responsible Global Equity P Acc Considers Sustainability Themed ESG Focus
Stewart Investors Wldwd Sustbl B Acc GBP Considers Sustainability Themed ESG Focus
Triodos Sustainable Equity GBP K Ret Acc Embraces Sustainability Themed Impact
Triodos Pioneer Impact GBP KRet Acc Embraces Sustainability Themed Impact
UBS ETF Global Gender Eqlty USD A Acc GBP Embraces Social Themed Impact
UBS ETF MSCI ACWI Sclly Rspnb H £ A Dis GBP Considers Unclassified ESG Focus
UBS ETF MSCI World SRI USD A dis GBP Avoids Negative Ethical ESG Focus
Vanguard SRI Global Stock GBP Acc Avoids Limited Exclusions ESG Focus

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Emerging markets

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

Alquity Africa GBP I Considers Social Themed ESG Focus
Alquity Latin America GBP R Considers Social Themed ESG Focus
iShares MSCI EM SRI ETF USD Acc GBP Avoids Unclassified ESG Focus
Pictet-Emerg Mkt Sustainable Eq I GBP Considers ESG Plus ESG Focus
Stewart Investors Glbl EM Sust B Acc GBP Considers Sustainability Themed ESG Focus
UBS ETF MSCI Emerging Mkts SRI USD A dis GBP Avoids Negative Ethical ESG Focus

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Asian equities

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

Alquity Asia GBP R Considers Social Themed ESG Focus
Alquity Indian Subcontinent GBP Y Considers Social Themed ESG Focus
Alquity Indian Subcontinent GBP R Considers Social Themed ESG Focus
Impax Asian Environmental Markets IRL X Embraces Environmentally Themed Sustainable Sector
Pacific Assets Ord Considers Sustainability Themed  
Stewart Investors AsiaPac Ldrs B Acc GBP Considers Sustainability Themed  
Stewart Investors AsiaPac Sust B Acc GBP Considers Sustainability Themed ESG Focus
Stewart Inv Indian Sbctnt Sustnby B GBP Considers Sustainability Themed ESG Focus
UBS ETF MSCI Pacific SRI USD A dis GBP Avoids Negative Ethical ESG Focus

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European equities

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

ASI European Ethical Equity Plat 1 Acc Considers Ethically Balanced ESG Focus
EdenTree Amity European B Considers Ethically Balanced ESG Focus
iShares MSCI Europe SRI ETF EUR Acc GBP Avoids Unclassified ESG Focus
Liontrust Sust Fut Eurp Gr 2 Net Acc Considers Sustainability Themed ESG Focus
M&G Pan European Select GBP I Acc Considers ESG Plus ESG Focus
SVM All Europe SRI B Acc Embraces Responsible Ownership ESG Focus
UBS ETF MSCI EMU SRI EUR A dis GBP Avoids Negative Ethical ESG Focus
Vanguard SRI European Stock GBP Acc Avoids Limited Exclusions ESG Focus
Virgin Climate Change Considers Environmentally Themed Impact

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US equities

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

Brown Advisory US Sustainable Growth Considers Sustainability Themed ESG Focus
iShares MSCI USA Islamic ETF USD Dist GBP Avoids Faith Based Shariah Focus
iShares MSCI USA SRI ETF USD Acc GBP Avoids Negative Ethical ESG Focus
Legg Mason CB US Eq Sust Ldrs X GBP Acc Considers Sustainability Themed ESG Focus
UBS ETF MSCI USA SRI USD A dis GBP Avoids Negative Ethical ESG Focus

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Global bonds

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

iShares € Corp Bond 0-3yr ESG ETF € Dist GBP Avoids Negative Ethical ESG Focus
Lyxor Green Bond (DR) ETF C EUR GBP Embraces Environmentally Themed Impact
PIMCO GIS Global Bond ESG Instl GBPH Inc Considers ESG Plus ESG Focus

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Sterling bonds

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

ASI Ethical Corp Bond Inst Inc Considers Ethically Balanced ESG Focus
BMO Responsible Sterling Corp Bd 2 Inc Considers Ethically Balanced ESG Focus
EdenTree Amity Sterling Bond B Considers Ethically Balanced ESG Focus
EdenTree Amity Short Dated Bond B Considers Ethically Balanced ESG Focus
Kames Ethical Corporate Bond GBP B Acc Avoids Negative Ethical ESG Focus
Liontrust Sust Fut Corp Bd 2 Grs Inc Considers Sustainability Themed ESG Focus
Rathbone Ethical Bond I Acc Considers Ethically Balanced ESG Focus
Royal London Sustainable Mgd Inc C Acc Considers Sustainability Themed ESG Focus
Royal London Ethical Bond Z Inc Avoids Negative Ethical ESG Focus
Sarasin Responsible Corporate Bond P Acc Considers Sustainability Themed ESG Focus
Threadneedle UK Social Bd Z Grs Acc£ Embraces Social Themed Impact

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Money market

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

Royal London Cash Plus Y Acc Avoids Negative Ethical  
Royal London Enhanced Cash Plus Y Acc Avoids Negative Ethical  
Royal London Short Term Money Mkt Y Acc Avoids Limited Exclusions  

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Property

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

Civitas Social Housing Ord Embraces Social Themed Impact
Impact Healthcare REIT Embraces Social Themed Impact
Sarasin IE Sust Glb Rl Est Eq GBP P Acc Embraces Sustainability Themed ESG Focus
Schroder Global Cities Real Estt Z Acc Considers ESG Plus  
Schroder Global Cities Real Estt Z Inc Considers ESG Plus  
Triple Point Social Housing REIT Ord Embraces Social Themed Impact

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Specialist

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

Bluefield Solar Income Fund Embraces Environmentally Themed Sustainable Sector
Foresight Solar Ord Embraces Environmentally Themed Sustainable Sector
Foresight Solar & Infrastructure VCT Embraces Environmentally Themed Sustainable Sector
FP Foresight Global Rl Infras A GBP Acc Embraces Environmentally Themed ESG Focus
FP Foresight Global Rl Infras A GBP Inc Embraces Environmentally Themed ESG Focus
FP Foresight UK Infras Inc A GBP Acc Considers Unclassified Sustainable Sector
FP Foresight UK Infras Inc A GBP Inc Considers Unclassified Sustainable Sector
Gore Street Energy Storage Fund Ord Embraces Environmentally Themed Sustainable Sector
Greencoat UK Wind Embraces Environmentally Themed Sustainable Sector
Guinness Sustainable Energy X GBP Acc Embraces Environmentally Themed Sustainable Sector
iShares Global Clean Energy ETF USD Dist GBP Embraces Environmentally Themed Sustainable Sector
iShares Global Water ETF USD Dist GBP Embraces Environmentally Themed Sustainable Sector
John Laing Environmental Assets Ord Embraces Environmentally Themed Sustainable Sector
NextEnergy Solar Ord Embraces Environmentally Themed Sustainable Sector
Pictet-Clean Energy I dy GBP Embraces Environmentally Themed Sustainable Sector
Pictet-Nutrition I dy GBP Avoids ESG Plus Impact
Pictet-Water I dy GBP Embraces Environmentally Themed Sustainable Sector
Renewables Infrastructure Grp Embraces Environmentally Themed Sustainable Sector
Sarasin Food & Agriculture Opps P Acc Avoids ESG Plus  
SDCL Energy Efficiency Income Ord Embraces Environmentally Themed Sustainable Sector
Syncona Ord Embraces Social Themed  
Triple Point Income VCT C Embraces Unclassified Sustainable Sector
US Solar Fund Ord Embraces Environmentally Themed Sustainable Sector
Ventus VCT 2 D Ord Embraces Environmentally Themed Sustainable Sector
Ventus VCT Ord Embraces Environmentally Themed Sustainable Sector
Ventus VCT Embraces Environmentally Themed Sustainable Sector
VT Gravis Clean Energy Income C GBP Acc Embraces Environmentally Themed Sustainable Sector

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Mixed asset

Name

ii ACE ethical style

Fund EcoMarket (FEM) category

Morningstar Sustainable Fund Type

7IM Sustainable Balance C Acc Considers Sustainability Themed ESG Focus
AXA Ethical Distribution Z Acc Avoids Negative Ethical ESG Focus
BMO Sustainable Universal MAP Bal 3 Acc Considers Sustainability Themed ESG Focus
BMO Sustainable Universal MAP Cau 3 Acc Considers Sustainability Themed ESG Focus
BMO Sustainable Universal MAP Gr 3 Acc Considers Sustainability Themed ESG Focus
Climate Assets B GBP Acc Considers Sustainability Themed ESG Focus
Janus Henderson Instl Gl Rpnsb Mgd I Acc Considers Ethically Balanced ESG Focus
Kames Ethical Cautious Managed GBP B Acc Avoids Negative Ethical ESG Focus
Liontrust Sust Fut Glbl Gr 2 Net Acc Considers Sustainability Themed ESG Focus
Liontrust Sust Fut Defesv Mgd 2 Net Inc Considers Sustainability Themed ESG Focus
Liontrust Sust Fut Absolute Gr 2 Net Acc Considers Sustainability Themed ESG Focus
Liontrust Sust Fut Cau Mgd 2 Net Inc Considers Sustainability Themed ESG Focus
Liontrust Sust Fut Mgd 2 Net Inc Considers Sustainability Themed ESG Focus
Royal London Sustainable Div C Acc Considers Sustainability Themed ESG Focus
Royal London Sustainable Mgd Gr C Acc Considers Sustainability Themed ESG Focus
Royal London Sustainable World C Acc Considers Sustainability Themed ESG Focus
Trojan Ethical Fund O Acc Avoids Ethically Balanced ESG Focus
Trojan Ethical Fund O Income Avoids Ethically Balanced ESG Focus

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Risk Warning: The price and value of investments and their income fluctuates: you may get back less than the amount you invested. If you are unsure about the suitability of a particular investment or think that you need a personal recommendation, you should speak to a suitably qualified financial adviser. Please note, the tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future. If you are uncertain about the tax treatment of the products you should contact HMRC or seek independent tax advice.

Invest for good with the UK’s first rated list of ethical investments.

find out more

Ethical news and views

15 October

You don’t have to compromise performance to invest sustainably

We look at how our ACE 30 list of rated ethical funds and trusts has fared a year since its launch.

by Jemma Jackson

You can buy the ethical investments in any of the great value accounts we offer.

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Ethical investing
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