TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

Sustainable investing

Discussion in 'Energy, Environment, and Policy' started by Zaxxon, Jun 4, 2017.

  1. Zaxxon

    Zaxxon Supporting Member

    Joined:
    Dec 11, 2012
    Messages:
    1,104
    Location:
    USA
    We've had various discussions on aspects of sustainable investing in other threads, namely coal divestment, funds that focus specifically on renewable energy, etc. What I haven't seen is a thread dedicated to sensible sustainable investing that's not so narrowly defined.

    In other words, if the goal is not specifically to divest from a particular negative sector or focus on a specific positive sector, but instead simply to build a relatively balanced portfolio which includes solely low-carbon stocks while roughly mirroring the attributes of a traditional index fund-where to start? What fund(s) would you use to build such a portfolio?

    I understand that by definition if we're excluding carbon-intensive companies we're not going to get the exact attributes of an index fund. Rather, I'm looking for specific advice on how to build something as 'Boglehead'-like as possible while keeping it low carbon.

    I'm aware of fossilfreefunds.org, which seems like a good starting point. I was recently sent a link to Aspiration's Redwood Fund (REDWX) as one possible investment choice. Rates well on fossilfreefunds and seems to be doing well.

    So, discuss! Have you converted your own portfolio to low-carbon funds? (No fair replying with 'I'm 100% in TSLA!' This thread is focused on more balanced portfolios.) If so, what do your funds and allocations look like? Is there a service out there in the vein of Betterment that has options for low-carbon choices? (I've suggested this to Betterment and it's on their radar but not imminent.)

    Thanks.
     
  2. miimura

    miimura Active Member

    Joined:
    Aug 21, 2013
    Messages:
    1,878
    Location:
    Los Altos, CA
    If I had some extra cash to invest, I would seriously investigate Wunder Capital. It's a more direct play on sustainable energy and appears to have quite good returns.
     
  3. SwTslaGrl

    SwTslaGrl Member

    Joined:
    Oct 23, 2016
    Messages:
    265
    Location:
    Sweden
    I'm mostly investing in global or total world funds, it's local fund companies here and they have sustainability policies, they "refrain from investing in companies that violate international laws and regulations as well as violations of human rights, labor law, corruption, serious climate and environmental damage, tobacco, controversial weapons (land mines, cluster and nuclear weapons) and companies with low durability".

    I recently also added a very small tilt to countries with a clear goal to increase BEV transport, China and India markets right now.
     
  4. Zaxxon

    Zaxxon Supporting Member

    Joined:
    Dec 11, 2012
    Messages:
    1,104
    Location:
    USA
    I've looked at Wunder Capital, and think it's cool. It's not what I'm looking at for purposes of this thread, though, as it's specific to one sector.
     

Share This Page