Hargreaves Lansdown adopts IA's responsible investment framework

HL will include definitions in its literature

Hargreaves Lansdown (HL) has adopted the Investment Association’s (IA) new definitions around ethical and responsible investments, the firm announced.

The framework, launched by the IA in November, aims to provide investors with an industry-wide common language for responsible investment with clear definitions and a framework for product categorisation. Dominic Rowles, investment analyst at HL, wrote in a blog update that there is growing investor appetite for environmentally and socially aware investments, with a swathe of new products having been launched to tap into that demand. However, he added: "Each responsible investment fund does something slightly different and a wide variety of terms are used to describe their approaches....