The number of socially responsible investment (SRI) funds in France doubled last year according to Novethic, a resource centre for SRI and corporate citizenship, and Amadeis, an investment consultancy.

More than 80 funds were available to French investors at the end of 2002, up from around 40 a year earlier, and assets under management in French-domiciled SRI funds grew by 34%, from €920m ($986m) to €1.25bn.