Do you have an investment portfolio? (IRA, 401K, etc.) Please consider dumping your investments that invest in fossil fuels, animal agriculture, and others contributing to mass emissions – time to vote with our dollars and change to climate conscious portfolios.
Beyond Investing https://www.beyondfundadvisors.com/ will soon launch an investment fund: “The US Vegan Climate Index (VEGAN) is a passively managed, rules-based index of U.S. large cap stocks, screened according to vegan and climate-conscious principles to avoid investments in companies whose activities directly contribute to animal suffering, destruction of the natural environment and climate change.”
According to Claire Smith of Beyond Advisors:
“The new index will avoid funding the slaughter of 13 animals a year for every $1,000 invested“.
Here is the ticker index: https://www.solactive.com/indices/?index=DE000SLA5HZ4
The prospectus is available here: https://www.sec.gov/Archives/edgar/data/1540305/000089418918005450/vegan-ess_485a.htm
According to Katrina Fox at Forbes:
Vegans and those who care about the environment are about to find it a whole lot easier to invest in companies that align with their ethical values, thanks to the creation of a new stock index.
The US Vegan Climate Index excludes companies listed on the Solactive US Large Cap Index (a proxy for the S&P 500 Index) that are involved in animal testing, animal-derived products, animals in sport and entertainment, fossil fuel, energy production from fossil fuel, other environmental and human rights concerns, military and defense, and tobacco.
Follow Katrina Fox on Twitter @katrinafox : https://twitter.com/katrinafox
So far, the index has performed well. Here is the chart since inception in 2013: