* current investments or money to invest
* Financial responsibility or discussions with the financial officers:n
* Communication
* the feeling of promoting the right thing with invested money
Does my company own a Eurofighter or support the exploitation of people and nature? Very few of us want that, and yet we may be putting our company's money into investment products that support exactly that. In the end, we own a Eurofighter or support bad working conditions and the destruction of nature. All things that do not let our economy grow.
That's why it's a good idea to review investments and "de-invest" if necessary. "Deinvestment" or "divestment" is the opposite of investment. It means that unethical stocks, bonds or mutual funds are divested. Thereupon, investments can be made in other assets. But in which ones?
In the meantime, the first guidelines for sustainable investments have been developed. The ESG criteria are recognized sustainability standards in the financial world. E" (Environment) stands for ecological characteristics, "S" (Social) for social commitment and "G" (Governance) for sustainable corporate management. Further guidance is provided by seals and rating platforms, for example these:
* The FNG seal from the Sustainable Investment Forum was developed together with financial experts and experts from social and environmental organizations to verify funds by independent auditors.
* Climetrics is a climate rating for funds. It rates funds based on
of the climate impact of the stocks in its portfolio. Climetrics is backed by international climate experts such as the Non-profit organization CDP (Carbon Disclosure Project).
With a sustainable financial strategy, our companies can support ecological, ethical and social enterprises and projects. We could be rewarded with a "double dividend": a financial one and a happy one!
Also inform all colleagues or employees about the realignment of your financial strategy and pass on the know-how.
Variation
The financial check can of course also be applied in private life.
Anyone who has tried or modified the recipe, feel free to comment!
This recipe is from
Kerstin Seeger