Australian Ethical Investment's impressive FY24 results

Australian Ethical Investment (ASX: AEF) presented its 2024 Annual General Meeting (AGM) results, highlighting significant financial growth and a commitment to ethical investing. The company surpassed $12 billion in funds under management, reflecting both strategic acquisitions and organic growth. Australian Ethical continues to adhere to its Ethical Charter, setting it apart from traditional ESG approaches.

Australian Ethical's strategic outlook

Australian Ethical Investment's FY24 results demonstrate its ability to balance financial success with ethical commitments. With funds under management exceeding $12 billion, the company has achieved a 57% increase in underlying profit after tax and declared a 29% higher dividend. Australian Ethical's distinct investment strategy, separated from traditional ESG investing, focuses on long-term sustainability and strict ethical criteria. Despite global challenges, the company plans to expand its investment universe while maintaining its ethical standards. Recognized for its leadership in ethical investing, Australian Ethical aims to leverage its robust platform for continued growth and impact.

Executive insights on ethical investment strategy

Our unique investment approach, which prioritizes ethics before applying a rigorous investment process, sets us apart in the industry. We remain steadfast in not investing in sectors that contradict our ethical charter, such as fossil fuels, weapons, or gambling. This commitment to our principles has enabled us to achieve impressive financial returns while maintaining our ethical values.