At least £21bn (€34bn) of funds managed for the hundred largest charities in the UK take account of ethical criteria before they are invested, according to a survey produced by the Ethical Investment Research Service (Eiris).

Eiris has secured responses from 47 charities with funds worth £26bn, representing by far the largest constituents of the UK top-hundred, currently worth £30bn. Concern about ethical investment represents a huge increase compared to the last time Eiris carried out a similar survey in 1997.