ESG Investing

Hopingforthesimplelife

I have a small amount in Kames Ethical equity, otherwise most is invested into VGLS80 and HSBC GD.

It is heavily in equities, UK focused mid cap so would class as high risk. 

Only started with it a few months back and performance so far isn't great (down 8%) but only course only a fraction of the time I will hold it so hopefully that reverses over time.

I was attracted to it as it seemed to offer genuine ESG with little overlap with my other funds.

ZeroSum

Vanguard's ESG funds still include companies like Amazon & Google who don't pay their taxes. So not exactly socially responsible. 

Thrugelmir

ZeroSum said:

Vanguard's ESG funds still include companies like Amazon & Google who don't pay their taxes. So not exactly socially responsible. 

Amazon - Employee relations somewhat questionable as well. 

Wildsound

I seem to recall a fund house (can't remember which one) telling me that Amazon was in their ESG holdings due to their ability for small businesses to use their platform, which is apparently a good thing.

TCA

BlackRock added fossil fuels exclusion to some of its SRI ETFs last year:

https://www.etfstrategy.com/blackrock-adds-fossil-fuels-exclusion-and-issuer-cap-to-sri-equity-etfs-38494/

iShares MSCI World SRI UCITS ETF:

https://www.ishares.com/uk/individual/en/products/291392/ishares-msci-world-sri-ucits-etf-fund

AnotherJoe

not sure  it's been mentioned there's bg worldwide  positive change. Stunning results so far ... though .... past performance etc .....

Malthusian

Wildsound said:

I seem to recall a fund house (can't remember which one) telling me that Amazon was in their ESG holdings due to their ability for small businesses to use their platform, which is apparently a good thing.

Somebody dredge Edward Colsten out of the Avon, all is forgiven. He supported and enabled loads of small businesses, by selling slaves to them.

richardsmith911

dont_look_now said:

richardsmith911 said:

I guess pure was a bit vague and most companies are trying to go more sustainable and climate-friendly but it's not an overnight transition. I just want to find a fund that is in line with this and can give back strong returns? - https://www.etfexpress.com/2020/08/13/288536/2020-what-does-global-pandemic-teach-us-about-esg-investing

Well, you're still being a bit vague

I said that you need to investigate whether the ESG funds you're considering have an approach to ESG which matches what you want. But first you need to know what you want

There's nothing wrong with not knowing what you want. But sometimes, you need to come to a decision about it.

You are right. 

Gulpiyuri

Great thread! Greenwashing is common in 'ESG' funds making it pretty difficult to know where to invest without harming the planet.

Interesting piece from the FT on this

richardsmith911

Gulpiyuri said:

Great thread! Greenwashing is common in 'ESG' funds making it pretty difficult to know where to invest without harming the planet.

Interesting piece from the FT on this

Great read - ESG Investing is a great way moving forward to generate future wealth - Guardian say ESG is outperforming traditional funds!