Every time we open our wallets or make a purchase we are essentially voting for the kind of world we want! There are lots of tips in other sections about these choices. Tips on how we need to judge “cost” in a way that goes beyond the purely financial. Considerations include impacts on people, planet and nature. When it comes to money and finance, whatever our personal circumstance, there are ways that we can use our choices. Choices to reduce emissions.
We can encourage companies to make more positive choices about their carbon impact.
Being better informed about links between the economy and climate change is hugely important. This is demonstrated by the recent Reith lectures by the former Governor of the Bank of England. They discussed the links between the economy, COVID and climate change.
For those of us lucky enough to have a pension plan, it is likely to be the largest investment that we hold. Our collective influence over the significant amounts of money invested by pension schemes is huge!
*It is important that appropriate, professional independent financial advice is sought when making significant financial decisions. The Ethical Investment Association is a group of IFAs who are
“keen to offer green and ethical investment advice to their clients”.
It was founded in 1998 and is now a sub-group of the UKSIF – the UK Sustainable Investment and Finance Association.