There are 30 ethical investment funds in the UK, managing 1.3bn of assets on behalf of150,000 investors. Just 13 years ago there were none. One goal of ethical investment isto allow people to invest in the stockmarket while not supporting companies withunethical practices. The other is to persuade such companies to reform. I offer a detailedcase-study of the leading ethical fund, Friends Provident Stewardship, which describesthe `screening" procedures used to achieve these two goals....