ESG investing has been in the news lately and it’s worth knowing about. ESG is an acronym for environmental, social and governance. It used to be known as socially responsible investing or SRI. There have been ESG mutual fund companies available to invest in since the 1970s. In the past you could count on lower performance when investing in ESG portfolios as compared to the general market. That has not been the case over the past few years as more and more investors are considering the social and environmental implications of their investments.
ESG can mean something different for everyone. As an example, for some it’s avoiding petrochemical companies. For others, it’s avoiding military suppliers, tobacco or alcohol. It could also mean investing in companies that are actively increasing women and minorities in positions of leadership. When we build an ESG portfolio for a client we take the time to find out what is important to them and work towards those value-based investing goals.
Listening to our clients, helping them find investments that meet both their wants, and their needs is important to us. We like to give you the freedom to invest in ways that make you comfortable. Let’s talk!