Ethical Funds honoured as sustainable leader at 2008 Globe Awards

    Globe recognizes Ethical Funds with Sustainable Investment & Banking

    VANCOUVER, March 14 /CNW/ - The Ethical Funds Company was named as
Canada's Sustainable Investment & Banking leader at the 2008 Globe Awards for
Environmental Excellence Gala in Vancouver last night.
    The award was given to Ethical Funds in recognition of its success at
marketing socially responsible investing (SRI) to investors by showing how
individual investments can help to change the world.
    "The objective over the past few years has been to make the outcomes of
our progressive corporate evaluation and Shareholder Action Program relevant
to Canadian investors," said Elaine McHarg, Senior Vice President and Chief
Marketing Officer, at Ethical Funds, who accepted the award in front of an
international audience of over 400 environmental leaders and change-makers.
"We articulated this challenge by asking a single, thought-provoking question
- a seminal question - for investors, advisors and ourselves... How do you
want your investments to change the world?"
    Coming on the heels of an Ethical Funds report that ranked Canada's
top five banks on their environmental performance, this award further
demonstrates the company's ongoing commitment to delivering positive outcomes
in both sustainability and fund management. Ethical Funds has received
numerous awards for its sustainable investing funds and regularly engages with
Canada's leading corporations through its Shareholder Action Program, helping
to make good companies better.
    "We have worked hard to make sustainable investing easier for people to
understand, and to demonstrate how their money is energy to create positive
change," said McHarg. "The children in our marketing and advertising materials
reinforce the fact that we need to care about our world as well as the world
our children will be living in, in the future."
    Ethical Funds is the first and largest SRI firm in Canada and has been at
the forefront of the industry for more than 20 years. It is the industry
leader with $2.6 billion in assets under management and 16 SRI mutual funds.

    About Ethical Funds

    Launched in 1992, Ethical Funds is Canada's leading manager of socially
responsible mutual funds, delivering a successful track-record of combining
financial performance with making good companies better. Ethical Funds has
multiple award-winning funds and Canada's largest team of sustainability
analysts. Ethical Funds is a division of Northwest & Ethical Investments LP.

For further information:

For further information: Jane Mitchell, Public Relations, Ethical Funds,
Tel: (604) 714-3800, Tel: (604) 714-3843,

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