Action Stations: 3 ways to get started
1 Nov, 2022
At the heart of it, sustainable investing (or responsible investing) is choosing to use your savings to support businesses and investments which are well-positioned to thrive in the future. Broadly speaking this means avoiding destructive businesses which don’t look after people, planet or process properly; and actively backing those which will benefit from changing trends and developments.
This is not the same as charitable behaviour – this is a story of both purpose and profits. As well as achieving particular sustainability outcomes (like shifting to renewable energy), and supporting your values and beliefs (like gender equality), the aim is also to maximise your long-term returns. This is done by challenging companies to identify and manage environmental, social and governance (ESG) risks and opportunities deemed to have an impact on their long-term future.
But if you don't know where to start, you're not alone! The sustainable investing industry is full to brim with thousands of products, but luckily for you, we've put together 3 simple ways you can get involved and navigate this hub - from picking a ready-made sustainable fund to how to urge your fund manager or provider to stick to their promises.
Let's get stuck in!
Action Station #1
Want to put your money into good things but don't know who to turn to or where to start? Meet the robos. These investments platforms serve up ready-made sustainable portfolios across a range of risk levels so you can pick a fund that suits your values and the level of risk you're comfortable with. Check out our article to see our top 5 picks!
Action Station #2
How about finding sustainable funds that fit your values? We've combed through the 1,000s of funds on the market and mapped them to 7 different types of sustainable investor. Get started and see which funds map to your preferences – or indeed your more commercial belief that the financial commitments to sustainable initiatives just make damn good sense!
Actions Station #3
What 5 questions should you ask yourself when building a sustainable portfolio? You don't need to wonder, we've got them for you! Listen to our Founder & CEO Holly Mackay chat to Schroders' Portfolio Director Emily Peterson about the key things to think about when curating your perfect portfolio, including why you should pay more attention to banks and why property is a hidden sustainable gem.
