The Investment Page

Divest – Invest

Disclaimer

The following suggestions are meant only to provide readers with a place to start.

 

Financial advisers with a special interest in the Divestment Movement.

You may already have an investment advisor with whom you have developed a good relationship and who is open to talking about investments in renewables, but if you don’t, the following Ottawa investment advisors with a special interest in investing in renewables, include:

Tricia K. Spooner, B.Comm
Investment Advisor, CIBC Wood Gundy
555 Legget Drive, Tower B, Suite 1030
Kanata, Ontario, Canada K2K 2X3
Phone: 613 239-2851

Walter Traversy
Investment Advisor, CIBC Wood Gundy
555 Legget Drive, Tower B, Suite 1030
Kanata, Ontario, Canada K2K 2X3
Phone: 613-271-1511

Resources

Market Indexes:

TSX Market Activity now includes S&P/TSX Renewable Energy and Clean Technology Index. This index lists 24 companies (constituents) in 5 sectors and notes the top 10 performers.

Fossil Fuel Divestment for Index Investors is a website whose missions is to “… develop a family of fossil free indexes that capture broad markets in the US, in developed markets beyond the US, and in emerging markets”.  Includes The Carbon Underground 200 which identifies the top 100 public coal companies globally and the top 100 public oil and gas companies globally, ranked by the potential carbon emissions content of their reported reserves.

ETHO Climate Leadership Index  “Our mission is to build the world’s best fossil free investment solutions by providing superior environmental, social, and financial performance.”

International Index Fund  “The Green Century MSCI International Index Fund seeks to achieve a long-term total return that matches the performance of an index comprised of the stocks of foreign companies selected based on environmental, social and governance (ESG) criteria.”

Other resources:

Ottawa Renewable Energy Cooperative (OREC) – Diversify your portfolio with solar power.

CoEnergy – An expanded coop, born out of OREC, that is open to consumers and community members across Canada.

CoPower – As an investment that supports the development of community-scale clean energy projects that are expected to reduce carbon pollution, while generating competitive returns, CoPower Green Bonds are considered impact investments.

Adapt your Investment Portfolio for Climate Change – A CoPower panel, February 20, 2019, with resources and tools identified to get started.

Trinity St. Paul’s United Church: the story of their journey of divestment of their congregational funds from fossil fuels – a useful tool for faith groups and others.

Tim Nash (sustainable economist)

Fossil Free Funds – A Webinar that launches a tool for finding out what fossil fuel companies your mutual fund is invested in.   It’s a powerful addition to your investment decision-making strategies.

Black Rock – serving clients from nearly every corner of the globe.   In particular, consider iShares MSCI ACWI Low Carbon Target ETF where they seek to maintain global stock exposure while reducing the carbon footprint of an investment portfolio.   Their article, ‘Adapting portfolios to climate change‘, provides a useful perspective for investors looking to divest from fossil fuels.

Extracting Fossil Fuels From Your Portfolio, a guide developed by Green Century Funds

 

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