Financial advisors in my area – finding ethical advisors, green and ethical investments
Banks and financial advisor practices are always keen to churn out statistics on returns, x% on this bond, y% on ISAs, etc.. but as an eco-conscious consumer how do you know what they are investing in and its impact on the planet?
Many investors are sadly unaware of the impact of their savings and investments on the environment.
Is a good return on your investment worth losing endangered species, losing the rainforests and displacement on millions of people due to rising sea levels caused by global warming? Does investing in ethical funds mean smaller returns? How should these be balanced?
There are a growing number of advisor practices that work exclusively on green and ethical investments, that provide stable and good returns whilst minimising harm to the planet. The rapidly expanding offshore wind industry being one such example. In fact, according to a report by Imperial College London, offshore wind power is now so cheap that it could actually pay money back to consumers. Investing ethically means not funding fossil fuel industries, tobacco companies, arms industries, new coal mines, deforestation, polluting industries, oppressive regimes and countries with poor human rights.
More investments going into the burgeoning green economy helps to protect the planet and the future of our children, creating new jobs and improving the overall quality of life and well-being. Next time you think about investing or moving your investments why not speak to a financial advisor who specialises in this area?
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