Events & Personalities
The color of your money
The Beauty Without Cruelty (BWC) Investment Guide is meant to help investors identify companies whose businesses do not necessitate the "conscious and willful infliction of physical harm, injury, slavery or death upon any member of the animal kingdom,” states an article in the BWS newsletter, Compassionate Friend, Spring 2015 issue, published and edited by BWC chairperson Diana Ratnagar. The Investment Guide was put up on its website www.bwcindia.org in January 2015.
Classifying companies under four color coded categories, the Guide helps investors who have a reverence for life to select those concerns that do not exploit animals. Companies that do not cause any cruelty to animals are marked in green, which signals that anyone can invest in them. Caution is advised for companies coded in orange as they may or may not be involved in animal exploitation. Companies marked grey supply materials associated with animal exploitation to other concerns though their own products may not be so involved. Those marked in red should not be invested in, cautions BWC, as these companies are reportedly known to cause cruelty and death of animals.
In earlier editions of the Guide, human life was included as a factor with manufacturers of defence equipment being down rated. However, since many felt that it was in the interest of the country’s self-defence, and such manufacturers should not be penalized, BWC made changes in the criteria after considerable thought and discussion. However, it is essential for those who use the Guide to first read and refer to the introduction to understand the ratings given to companies, the newsletter mentions.
Classifying companies under four color coded categories, the Guide helps investors who have a reverence for life to select those concerns that do not exploit animals. Companies that do not cause any cruelty to animals are marked in green, which signals that anyone can invest in them. Caution is advised for companies coded in orange as they may or may not be involved in animal exploitation. Companies marked grey supply materials associated with animal exploitation to other concerns though their own products may not be so involved. Those marked in red should not be invested in, cautions BWC, as these companies are reportedly known to cause cruelty and death of animals.
In earlier editions of the Guide, human life was included as a factor with manufacturers of defence equipment being down rated. However, since many felt that it was in the interest of the country’s self-defence, and such manufacturers should not be penalized, BWC made changes in the criteria after considerable thought and discussion. However, it is essential for those who use the Guide to first read and refer to the introduction to understand the ratings given to companies, the newsletter mentions.
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