“If you’re not talking with your clients about sustainable, responsible, and impact investing, they’ll be speaking with someone else.” That’s a line I used last week while speaking to a group of financial advisers at a conference in Michigan. And it’s true.… Read the rest
On August 9th, the Intergovernmental Panel on Climate Change (IPCC) released a report in which the resounding and unsurprising conclusion was a “code red for humanity.” The evidence is irrefutable that climate change is widespread, rapid, and intensifying. In 2020 alone, there was a record shattering 22 separate billion-dollar weather and climate disasters across the United States.… Read the rest
It seems like every day a new socially responsible fund pops up.
In 2020 alone, 90 new funds were brought to market. Moving into 2021, there were 392 such sustainable fund offerings comprising $51.1 billion. And they’re quickly adding new assets — 40% of that $51.1 billion came in the fourth quarter alone — and there’s no signs of slowing.… Read the rest
If you’ve been reading the news lately, you’ve likely heard a lot about ESG (Environmental, Social, Governance) and/or SRI (Sustainable, Responsible and Impact) investing. While the terms are commonly used interchangeably, there are stark differences between the two that every investor should be aware of.… Read the rest
Some socially conscious mutual funds and ETFs own stocks that seem strangely out of place.
Sustainable, responsible, and impact (SRI) investing used to be dominated by mutual fund companies whose mission was to align their investment strategies with their values. Companies such as Calvert, Domini, Parnassus, and Pax World invested responsibly to make the world a better place.… Read the rest
Photography: Francis Dean/Corbis News
I was quoted today in a great article in Bloomberg discussing the growth of ESG investing in addition to the risks of greenwashing as the big fund management firms join the fray – especially Blackrock, the world’s largest asset manager with over $8 trillion managed.… Read the rest
The team at Earth Equity Advisors will be joining millions of students and businesses from across the globe and going on strike for the climate tomorrow. From 11 am until 1 pm, our office will be closed as we walk from our Downtown Asheville office to Pack Square and City Hall to strike for global action on climate.… Read the rest
Note: This commentary was sent to Earth Equity clients on August 14, 2019
We seeing a considerable drop in world stock markets today. I blame this negative movement on a number of factors, including the geopolitical shenanigans related to the trade war with China.… Read the rest