Big Tips: If you want control over whether you’re investing in companies with an environmental, social, equitable conscience (eg no gambling or fossil fuels, with board diversity, responsible sourcing of labor and materials or more), your choices and company transparency are increasing. Here are some organisations and articles to guide you.
Greenwashing is when a company markets itself as doing more for the environment than it actually is. It may involve the company making false or misleading claims about its green credentials. The practice of greenwashing permeates many industries – touching everything from fashion to food to finance. In a financial context, marketing products as being ‘green’, ‘sustainable’ and ‘ethical’ has now become highly profitable.
What is ‘greenwashing’ in finance and how can you spot it? Canstar
- What is Environmental, Social, & Governance (ESG) Criteria Definition, Investopedia
- ESG Themes 2022, Watch Video, Fidelity They say: “For investors focused on sustainability, 2021 was a year dominated by the runup to and takeaways from November’s COP26 climate change negotiations in Glasgow, Scotland. But the true test is just beginning now: What actions will countries take to deliver on their pledges, not only in terms of emission cuts but in preserving our biological diversity and ensuring a fair and equitable transition to a low carbon world? As we head into 2022, we see three big themes coming into greater focus: deforestation, the just transition, and double materiality.
- 5 ESG Investing Tips for Share Investors; 3 Australian Ethical ETFs To Consider In 2021; Ethical Investing 101, Paid course – RASK (Australia)
- Want to grow your money responsibly? Responsible Investing Association of Australia (RIAA), They say: [their Responsible Returns certification process] “helps you find, compare and choose responsible and ethical superannuation, banking and investment products that best match your interests. Whether you want your money to support healthcare and education, or rather, avoid your money being invested in fossil fuels or animal testing, Responsible Returns filters products based on your areas of interest and location. All of the products and funds that feature on the Responsible Returns have been certified in accordance with RIAA’s Responsible Investment Certification Program which tests whether a product or fund’s investment intentions and processes are consistent with its responsible investment claims. While organisations and individuals pay RIAA a fee to apply for certification, RIAA receives no commission for the promotion of products and funds that have been certified.
Responsible Returns works best for those wanting products in Australia and New Zealand, but we do also have a number of certified investment products that have a global reach.” - Investing in ETFs and What are some ESG funds?, Australian Ethical
Climate change:
An Australian man successfully sued his super fund over climate risk. Here’s what that means for your nest egg, Anita Foerster, The Conversation
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