Eco super fund
Do you know where your personal finances are invested?
By making a conscious decision to invest your savings and super in ethical investments you are helping people, animals and the planet in general.
What can I do?
There is no set global standard for what counts as ethical investments but generally they involve companies that have good environmental, social and Environmental, Social, Governance (ESG) policies.
They could be working in areas such as healthcare, renewable energy, recycling, sustainable products or social wellbeing and support action on climate change.
Non-ethical investments could include shares in companies involved in activities such as alcohol production, environmental destruction such as mining or logging, fossil fuels such as coal, gas and oil, gambling, human exploitation such as poor pay and working conditions, live animal exports, significant carbon emissions, tobacco and weapons.
And, thankfully, there are a lot of options out there for banks and super funds that support renewable energy and the environment.
How does it help our Net Zero target?
By actively choosing to go ethical you may in the process get a better understanding of where your money is going than you would have by selecting a default investment option.
In turn, this means that we are supporting activities that will reduce our carbon emissions and move to a more renewable energy future.
Get started
As a Council we can't give specific advice but you can research online or ask your fund or financial institution and see what they offer in terms of ethical investment. Make an informed decision on where your funds are invested.