I’ll start by saying I don’t trust any bank to give me a list of green investments. Mine has a “pay monthly and we will invest for you” but the list of companies it has are all from BlackRock and have a bunch of US companies, oil and gas giants pretending to have green goals, and techno-fascist companies like Tesla on the list because “they’re going electric”.
My time is limited and I’m not willing to spend hours every day scrutinising companies and initiatives to ensure they are green, sustainable, and socially aware. Following green news, there is news about whatever new battery is in whichever stage, a new company testing a carbo-fibre something improve whatever new thing will turn a turbine, and so on, but some of those companies either aren’t public or so fresh it would be risky to invest.
How do I safely and lazily invest in green European businesses? I’m willing to pay for the service, but not a wild amount as I don’t have a wild amount to invest either. Also, the return should be more than just letting it sit in my savings account. Risk is fine, an average return of 2% isn’t.
Thanks for doing the research. I did two small investments through Goparity, as I liked the diversity of projects and the statistics they provide on past projects. I may check out a few of the others too.
If these pan out, I may do slightly larger sums through my company. Allows me to use pre-tax money so the impact is greater (more money available to invest) and one day when I’d like to actually withdraw the profits from the company, I’ll have to pay taxes anyway, so really I’m just deferring taxation, not avoiding it.