green

In 2018, I started to rejig my portfolio to bring it more closely into line with my values and lifestyle. I was feeling increasingly uncomfortable with returns on my investments coming from sectors which continue to pollute the world and add to global warming. I wanted to introduce more ethically sound investments which are more environmentally friendly given the warnings from the science community on our climate emergency. I became alarmed whilst reading the special report from the IPCC which prompted this article "Climate Change...Be The Change".

The world is changing very quickly and the global climate emergency is moving to the top of the political agenda. As these changes unfold, I have put my existing funds under the spotlight and gradually removed the investments which are part of the problem such as those holding the big oil and gas companies involved in fossil fuel production as well as the large banks which fund their activities. This inevitably includes my low cost global index funds such as Vanguard Lifestrategy which had previously been a core holding of my portfolio.

I have replaced these with investments which focus on areas which are part of the solution - for example, renewable energy such as wind and solar power as well as other areas such as green hydrogen which is part of the mix and making a positive contribution towards a more sustainable world.

My portfolio became fossil-free in September 2019.

Here's a breakdown of my 'green' allocation.

Dec 2019  (click to enlarge)


Gresham House Energy Storage - New Addition (Dec 2019)
Octopus Renewables - IPO Launch (Nov 2019)
Air Liquide - New Addition (Nov 2019)
Proton Power - New Addition (Nov 2019)
Vestas Wind - New Addition (Oct 2019)
ITM Power - Finals and Key Partnership (Oct 2019)
Divesting Out of Fossil Fuels Now Complete (Oct 2019)
NextEnergy Solar - New Addition (Sept 2019)
Bluefield Solar - Full Yr Results (Sept 2019)
AFC Energy - New Addition (Sept 2019)
ITM Power - New Addition (Aug 2019)
Orsted - Half Yr Results (Aug 2019)
iShares MSCI World ESG Enhanced Fund  (Aug 2019)
My Concerns About Investing in Fossil Fuels (July 2019)
Greencoat UK Wind - New Addition (July 2019)
Aquila European Renewables - New Addition (June 2019)
Getting Up to Speed on Climate Emergency (May 2019)
Psstt...Wanna Own a Wind Farm? (May 2019)
Orsted - New Portfolio Addition  (Apr 2019)
Impax Environmental Markets - Results (Apr 2019)
iShares Global Clean Energy ETF - Addition (Mar 2019)
Foresight Solar - New Addition (Mar 2019)
FP WHEB Sustainability - New Addition (Mar 2019)
'The Uninhabitable Earth'  Book Review (Mar 2019)
Bluefield Solar - Purchase (Mar 2019)
TRIG - Purchase  (Feb 2019)
Global Index Funds Under the Spotlight (Feb 2019)
A Look at Green Bonds  (Feb 2019)
Investing for a Green Future Pt 2 (Nov 2018)
Investing for a Green Future Pt 1 (Nov 2018)
BG Positive Change - Purchase (Oct 2018)
Impax Environmental Markets - Purchase (Oct 2018)

4 comments:

  1. Hello,

    As a Newbie Investor and a long-time Eco-Warrior, I've been following your blog with much interest. Trying to invest ethically and on a budget, it's proving very difficult to follow much of the better investment advice around. The Global Energy Clean Tracker I bought is in freefall - I believe mostly thanks to currency exchange rates - and so far my small investment amount and research is mostly limiting me to equities, quite scary in the current market!

    I wholeheartedly support your attempts to presuade the bigger companies to offer more ethical funds/trackers. I was interested in Vanguard and Blackrock funds, but having read this piece in the Guardian today, it seems their bad attitude goes to the top: https://www.theguardian.com/business/2019/may/21/blackrock-investor-climate-crisis-blackrock-assets Needless to say, I won't be investing with either now.

    More blog posts about your experiments in Green Investing (especially on a budget with Newbies in mind!) would be much appreciated.

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    Replies
    1. Jane,

      Thanks for your interest, I guess we are all doing what we can given our level of awareness. Of course, the oil majors are doing a lot to muddy the waters via disinformation and say one thing and do the opposite so it can be difficult to see all the angles with clarity.

      You may already know about Ethical Consumer
      https://www.ethicalconsumer.org/ethicalcampaigns/carbon-divestment

      You may also be interested in the Big Exchange
      https://bigexchange.com/

      Good luck with your investing and green campaigning.

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  2. Hi
    Am interested in your green portfolio though find myself where you used to be - i.e. looking at building a I.T. SIPP/ISA portfolio and live off the natural yield as I approach 55 in a few years' time. So far, am looking at TRIG, JLEN, BSIF as components of a 'theme' sector (understand the total return approach but feel natural yield approach is (even if sub) optimal for me).

    Any thoughts on one or two ideas that may combined both?

    If I was to consider a 'growth' / LTBH theme in the SIPP, which would your go-to-investment be? (I have bought, partly after reading about it here and on IT Investor, IEM).

    Finally, you have certainly down well with ITM and AFC; wanted to read about Proton Power, but the link takes me to...AFC (again)?

    Thanks for any feedback.



    I would like to include


    ReplyDelete
    Replies
    1. Hello Juliet,

      The renewable trusts you mention sound feasible for income but unfortunately I am not qualified to provide specific advice. I merely post a record of my personal investing journey - a long and winding road it seems!

      Regarding Proton, if you click on the sidebar for November, the link to my post for this company should take you to the write-up.

      Best wishes with your ISA and SIPP income.

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