skip to main content
Investment ISAs / Ethical ISAs /

Green ISAs

What is a green ISA?

Invest in line with your principles.

Ethical ISAs

FTSE Future World Climate Change Equity Factors Index Fund ISA

from Legal & General

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: The fund aims to provide a combination of growth and income by tracking the performance of the FTSE All-World ex CW Climate Balanced Factor Index.
  • Invest From: £20 per month or £100 single
  • Investment Options: This fund may be suitable for investors looking for a combination of growth and income by tracking the shares in companies that score high in value, quality, low volatility and size factors whilst incorporating climate change considerations as represented by the index.

Why we like it: The Future World Climate Change Equity Factors Index Fund invests in companies that seek to make positive change. The fund aims to provide a combination of growth and income by tracking the performance of the FTSE All-World ex CW Climate Balanced Factor Index. The fund is passively managed, to replicate the performance of the Index. As part of the Future World* range, the fund incorporates the L&G Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.

This fund is available via: Legal and General investment platform »

Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Sustainable Leaders

from Royal London

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: companies that are likely to benefit from measures taken to improve the environment, human welfare and quality of life.
  • Invest From: £25 a month or any lump sum
  • Investment Options: The core of the investment portfolio consists of shares in companies involved wholly or in part in the manufacture of products, industrial processes or the provision of services associated with improving the environment and the enhancement of human health and safety.

Why we like it: A consistent performer this popular £1.7bn fund run by triple A Citywire rated fund manager Mike Fox works on a “best ideas” basis with 40 to 50 company holdings . The fund applies both negative and positive screening. Sectors considered more favourably include healthcare and technology, whereas areas such as commodities are generally avoided. There is also a focus on long-term themes and trends such as infrastructure and changing demographics. The fund has reasonable ongoing charges of 0.76% pa for an actively managed fund.

This fund is available via: Interactive Investor investment platform »

Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Future World ESG Developed Index Fund

from Legal & General

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Aims to provide exposure to global developed-market equities while integrating environmental, social and corporate governance factors
  • Invest From: £20 per month or £100 single

Why we like it: This Fund is designed for investors looking for growth and income from an investment in shares in companies that demonstrate good environmental, social and governance efforts in developed countries, as represented by the Benchmark Index. The Future World philosophy encapsulates how L&G identify longterm themes and opportunities, while managing the risks of a changing world. L&G use their scale and influence within the market to propel positive change on environmental, social and governance (ESG) issues, at the same time as seeking to achieve financial success. The fund is for clients who want to express a conviction on ESG themes, across a broad array of asset classes and strategies.

This fund is available via: Legal and General investment platform »

Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

ii ACE 40 investments

from Interactive Investor

ISA Option
Allows ISA Transfers
Regular Savings
  • Protection Scheme: FSCS
  • Fund Choice: 140+ Ethical Investments
  • Invest From: £25 a month or any lump sum
  • Investment Options: A selection of 140+ funds, investment trusts and ETFs that they believe offer high-quality ethical investment choices, across a broad variety of markets.

Why we like it: The UK's first rated list of ethical investments to help you align investments with your personal values. Building your investment portfolio can be tough – and it is even more difficult when you want to choose ethical investments. That can mean a lot of research. The ii ACE 40 makes the job easier for you. Interactive Investor select 40 funds, investment trusts and ETFs from over 140 that they believe offer high-quality choices, across a broad variety of markets.

Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Future World Sustainable Opportunities Fund

from Legal & General

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Invests in a wide range of company shares, bonds, property and real assets (including property, land and infrastructure) which meet our long term sustainable investment criteria, based on environmental, social and governance factors.
  • Invest From: £20 per month or £100 single

Why we like it: Actively managed, with wide discretion to invest across different types of investment which the manager believes offer sustainable long term investment opportunities. As part of the Future World* range, the fund incorporates the L&G Climate Impact Pledge, a targeted engagement process, and may exclude companies if engagement proves unsuccessful.

The investment objective of the Fund is to seek to provide positive returns of both capital growth and income. The Fund selects investments which the Manager believes offer sustainable investment opportunities for the future based on environmental, social and governance related criteria.The Fund will seek to provide returns of 5% above the Bank of England Base Rate per annum over rolling five year periods. There is no guarantee that the objective will be met over any period and capital invested in the fund is at risk. This objective is before the deduction of any charges.

This fund is available via: Legal and General investment platform »

Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

Global Clean Energy ETF

from iShares

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: The ETF seeks to track the performance of an index composed of 30 of the largest global companies involved in the clean energy sector.
  • Invest From: £25 a month or any lump sum
  • Investment Options: The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the S&P Global Clean Energy Index, the Fund’s benchmark index (Index).

Good to know: A member of the Interactive Investor ACE 40 ,this fund is passively managed by BlackRock and reflects the return of the S&P Global Clean Energy Index (the benchmark). The Index is designed to provide exposure to the leading publicily listed companies in the global clean energy business from both developed and emerging markets.   The fund has reasonable ongoing charge of 0.65% pa. 

Important: Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

What is a Green ISA?

A green ISA is an ISA where your money is used to invest in green, eco-friendly funds. You can invest ethically and still make money. Green ISAs allow you to invest in a socially responsible manner and have more say about where your money is invested. In this day and age, more and more people want more control over where their money is invested.

Green funds typically invest in the companies involved in activities that deal with mitigating climate change and new technologies that seek to provide better prospects for the environment. They are suitable for people who are willing to leave funds in their ISA for long periods such as five years. They are also good for people who are willing to withstand a bit more fluctuation in the value of their fund.

What Funds are Likely to be Excluded in an Ethical ISA?

While this varies from provider to provider and some are more ruthless than other, generally the following are excluded, funds derived from:

  • Tobacco
  • Alcohol
  • Pornography
  • Gambling
  • Fur trade
  • Armaments

Some also exclude: Oil and mining companies due to environmental concerns and human rights abuse

Some companies don’t necessarily exclude all funds associated with these industries but instead look at each fund individually and assess the track record of that particular company in terms of their human rights or green issues.

Why Choose an Investment ISA?

An investment ISA can be a good way to put aside some money each month or invest some extra cash. This kind of account is not advised if you don’t have any other savings or are in debt because you won’t be able to access your money easily if you need to and you could make losses.

However, Investment ISAs have the potential to provide better returns than any other savings account.

Some things to consider include:
  • Assess the level of risk you’re willing to take, most providers can filter assets depending on the level of risk you’re willing to take or even provide you with a ready-made portfolio
  • Low risk investing tends to focus on bond funds which pay interest or dividends regularly, whereas higher risk portfolios tend to focus on property investment and the stock market
  • Decide if you want an Ethical ISA which completely bans all funds from companies such as tobacco etc. or would like a lighter approach
  • Providers often hold a limited amount of carefully selected options to invest in whereas others have a much larger range of funds. Work out which is right for you
  • Some providers have a simple interface with clear copy about each investment and its past performances. Make sure you find one that you find easy to use, helpful and clear

Currently, you are able to invest anything up to the tax threshold and choose to have it spread across a Cash, Stocks and Shares and Innovative Finance ISA or consolidated within one account.

As you can only fund one Ethical ISA per tax year it’s a good idea to shop around before you make your choice

Boost your financial future and make the world a better place

The future of investing isn’t just about making a profit. More and more people want their investments to have a positive impact on the world.

The good news is you can do both. 

There’s a growing trend that gives you the opportunity to grow your money, and build yourself a better financial future, while tackling global environmental, social and governance (ESG) issues. Download your factsheet to discover:

  • Why you should consider ESG issues when investing
  • How you can do it
  • Three funds to consider

Get FREE Factsheet from Hargreaves Lansdown »

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

Junior ISAs - How To Save Tax Free For Your Children’s Future

18th February 2021

All parents want their children to thrive financially when they become adults. Teaching your kids how to handle money from an early age is vital, and one great way to do this is to encourage them to save throughout their childhood journey.

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us

ISA.co.uk is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us

4.74 Average

23 Reviews

Jen

I found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.

Paul

Very informative, find myself a good ISA account with best return in terms of interest.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Rob Holden

The website was very useful and informative.

Andrew Johnson

ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs

Crowd2Fund

Excellent website - clear and helpful information about different products - and a trustworthy partner.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Steve

Really simple to use and all the information was clear with lots of products available. The interest calculator was really handy too. Have bookmarked and will definitely use again.

Hannah Gordon

This was a really user-friendly site, and was very helpful when it came to comparing accounts and choosing my 2016 ISA.

Sue

Easy to use website and up to date. Saved the link on my tablet.

Anonymous

If you wish to invest in an ISA this site has it all. A super comprehensive range of simply explained products from all the major companies.

Cristina Iacob

Very knowledgeble company with an extensive range of services, a great website with loads of useful information.

Anonymous

Nice graphics and easy to navigate

Dr Alan Rogan BSc PhD FCIOB FCABE Eur Ing

Good advice and professional approach

Razvan

Very helpful for getting my annual ISA

Jonny Doulton

Clear, concise and very professional outfit with an excellent choice of market leading deals.

Paul Tissington

ISA.co.uk not only helped narrow down my choices for a Junior ISA but also provided additional practical information that helped demystify the whole process.

Sunil Karadia

Just the site I needed, I have been looking for a suitable ISA for a while, but as there are so many to choose from, find it difficult to find the right one for me.

James Weatheritt

I found the information on ISA.co.uk very helpful and easy to understand. The site is easy to navigate and find what you're looking for.

Lisa Holden

I found ISA.co.uk very insightful and easy to navigate through. The content was useful and helped me make my ISA decision.

Neta Pourhosseini

I thought the information provided was easy to understand and very informative, I would recommend to friends for deffinite.