Moving your money is one of the most effective actions you can take to reduce your carbon footprint.
As fossil fuels are responsible for such a large proportion of carbon emissions, it is essential to choose investment funds that do not invest in fossil fuels.
There is growing evidence to show that investing ethically is not at odds with making reasonable returns.
There is increasing pressure on investment funds to disclose the carbon emissions of their portfolios (often referred to as Scope 3 emissions) because this is where their main carbon impact lies.
It is reasonably likely that, at some point in the future, the burning of fossil fuels will be greatly limited or not possible at all, (due to political pressure or to meet carbon targets). This financial risk is another reason not to invest in fossil fuels.