The world is changing, and it is changing fast. Global climate temperatures are rising, and disastrous weather events are becoming more common. We know the way we live needs to change, and people have begun to take action. Green-friendly practices have increased in popularity within our lifestyles, from avoiding single-use plastics, eating less meat, and purchasing electric vehicles. But what about changing the way we invest our money?
We know if we want change to happen, we need to buy in at the grassroots and corporate levels. No vote for change is stronger than the vote made with the almighty dollar. Therefore, we have seen an incredible increase in demand for ESG investing. ESG investing stands for Environmental, Social & Governance. ESG sets out a specific set of criteria for choosing to invest their funds, whether that be to only invest in “Green” companies, invest in companies that take a stance on social justice, or invest in companies that support gender equality. There is a broad spectrum of ESG investing; your job is to find the criteria that best represent your beliefs.
There are plenty of options out there for ESG investing. However, we can never get away from our philosophy as investors. We want to earn a return on your portfolio. After all, that is why we invest in the first place. That is why I encourage you, if you are interested, to speak with your advisor today about ESG investing and find the portfolio that is right for you. To ensure you can achieve your retirement goals but also make a change along the way.
