Originally published on Green Living Ideas.
Sustainable investment has never been this fun: Oroeco is building the world’s first Climate Impact Fund and needs YOUR help. Vote today to build the Fund.
Oroeco has created an amazing campaign to build the world’s greenest investment fund– but it needs input from YOU!
Welcome to Sustainable Investment: Oroeco’s Climate Impact Fund.
This is the world’s first crowd-sourced investment product: a diversified portfolio that represents better business and a cleaner world, and supports companies that are doing good for the planet.
Oroeco has partnered with Trucost, Confluence Capital, and various environmental nonprofits to create a diversified portfolio of industry climate leaders to build a diversified exchange-traded fund (ETF). The Climate Impact Fund will provide competitive financial returns while reducing climate pollution per dollar invested by over 80% (vs. the S&P 500). This first Climate Impact Fund will include only companies that have the best climate performance in their industries based on Trucost data for over 4,700 companies. All fossil fuel companies are already excluded from the list, so the Fund will go above and beyond the requirements of the fossil free divestment movement. The stocks have also been screens for environmental, social and governance (ESG) criteria, like labor conditions, biodiversity and toxics.
Oroeco is asking users, friends, readers and YOU to take a few moments to vote for companies that you think should make the cut. The list will be narrowed down into a diversified portfolio of 50 to 60 stocks that will form our first ETF. All votes are taken into consideration, but they also like to see any supporting evidence about the companies. Founder and CEO of Oroeco, Ian Monroe says, “This process is a radical experiment in financial democracy and a departure from how Wall Street normally operates.” We dig that, and encourage you to follow the steps below to join the movement, share this page with your friends, and help make climate and corporate history. Learn more here on Oroeco’s Climate Impact Fund page.
Here’s how to vote:
- Visit Oroeco’s Climate Impact Fund page here.
- Click thumbs up or thumbs down to vote companies in or out of our Climate Impact Fund based on your own social and environmental criteria.
- Tell us why you voted each company in or out, and ignore all companies you don’t have a strong opinion about.
- Click SUBMIT once you’re finished, and feel good knowing you’re encouraging companies and the financial world to invest in a cleaner future!
Computer photo via Shutterstock
Reprinted with permission.
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