Investing in a Healthier Climate


ssir.org | Published 09 September 2015

By Dario Abramskiehn

Hockey great Wayne Gretzky once said, “I skate to where the puck is going to be, not where it has been.”

The same holds true for investing. Those who invest today in the assets that set the world up for a low-carbon, climate resilient future will be the winners of tomorrow.

Last week, California’s legislature passed a bill that will require the two largest pension funds in the United States—CalPERS and CalSTRS, which together manage $476 billion in assets—to divest from coal. Representatives in support of the bill cited both the declining value of coal stock and the need to take action on climate change as reasons to divest.

California’s move is the latest in a slew of recent victories for the divestment movement, which also includes Stanford University, the Church of England, Rockefeller Brothers Fund, and Norway’s $890 billion sovereign wealth fund.

The movement’s success has amplified ongoing…“read more>”: http://ssir.org/articles/entry/investing_in_a_healthier_climate?utm_source=Enews&utm_medium=Email&utm_campaign=SSIR_Now&utm_content=Read_More#sthash.OQEURRX4.dpuf


Upcoming Events & Seminars

More Events »

Whipp Tips & News

The Remarkable Rise Of ESG

The idea that investors who integrate corporate environmental, social and governance risks can improve returns is now rapidly spreading across capital markets on all continents.

Details »

Behind Manulife's historic $600 million green bond issue

first for an insurer in domestic market

Details »

Meet Triodos, the ethical investment firm trying to fund a better world

Investors are tired of questionable practices where executives at underperforming businesses are paid huge bonuses, and of companies making staggering amounts of money at a huge cost to the planet.

Details »

More News »


:www.leedejonesgable.com

The information in this website was obtained from sources believed to be reliable, however, we cannot guarantee that the information is accurate or complete. The information provided is a general source of information and should not be considered personal investment advice or solicitation to buy or sell securities.

Leede Jones Gable Inc. is a
Member of IIROC and the Canadian Investor Protection Fund
Stephen Whipp is a member of the Responsible Investment Association