Thinking about and talking about money and investing has a huge impact on how we understand ourselves, our families and our relationships. My advice to millennials about money is to find spiritual practices that support you as you navigate financial conversations and decisions.
As a millennial, my generation has little trust in large institutions — from governmental offices to our large banks and financial institutions. We want our money aligned with our values and desires for a more sustainable planet. We are poised to catalyze big shifts in how financial services operate.
I rose to the podium, looked at Exxon CEO Rex Tillerson, and asked “Why does Exxon fund climate-denying organizations [like ALEC], when you publicly support a carbon tax?” Tillerson deflected the question saying “we would never impinge on ALEC’s free speech.” Two years later, Exxon ceased funding them.
Companies that are winning at attracting millennials are nailing it on culture and values. My career path is a perfect example. I left a large mutual fund company to join a sustainable investing firm because its focus on investing for both performance and impact resonated with me.
I examine my personal finances by asking myself three overarching questions: How am I making money? How am I investing it? And how am I spending it? As a full-time social entrepreneur, I routinely ask myself if I’m making money in a way that allows me to have a real impact.
Millennials see investment decisions as a way to express their social, political and environmental values. With CNote, we make investing simple and impactful. Our members’ money works towards revitalizing communities; building affordable housing; and getting women and minorities business loans.
The fund focuses on solutions to major global transitions such as demographics, environmental issues, technological advances, and governance changes by investing in companies with a positive impact on the UN SDGs, while avoiding companies that have a negative impact.
The Next Economy Index’s strong track record demonstrates that climate change-focused, innovation-driven investing offers an effective way to preserve and create wealth. The strategy currently holds 115 publicly traded companies.
Business can be a force for good, here’s 100 companies that are growing by doing good. Real Leaders, with Big Path Capital and B Lab, rank the top companies applying capitalism for greater profit and greater positive impact.
MSCI explores pressing topics for investors heading into 2019. The five key ESG trends anticipated to dominate the conversation are: climate change, waste management, leadership and talent, ESG regulation, and the ESG signal revolution.
