The 5th June is World Environment Day. Since 1974 it has been held on this date each year engaging governments, businesses and the general public to address important environmental issues.
As you will have seen recently throughout the financial press, the way clients’ money is invested can play a big part in addressing these issues and make a difference in achieving the United Nations Sustainable Development Goals (SDGs).
The Positive Pennine range of Portfolios launched in 2016 has an investment strategy focusing on sustainable and responsible investing, designed around the SDGs.
One of the funds within the range of Portfolios is the Rathbones Ethical Bond Fund. Here is what Bryn Jones, Fund Manager at Rathbones says about the Ethical Bond Fund “We believe that the fund offers the opportunity to invest in a fixed income fund with high-quality investment grade bonds whilst applying a broad range of both positive and negative screening criteria that will appeal to consumers with ethical concerns”.
* An example of one of the companies within the fund is Burnham and Weston Energy, which are one of the largest community solar farms in the UK. The 9.3MW Wick Farm Community Solar Project has been generating electricity and income from the sun since June 2016. It’s 36,000 solar panels generate the equivalent of the electricity consumption of around 2,000 homes.
* Surplus income generated by the community solar project will be used to provide funding for community organisations and projects in the local area. The surplus will be around £50,000 per year from the outset and an estimated £3 million over 23 years. Payments will be split between a community grant for local projects and an energy and fuel poverty advice service.
Investing within the Positive Pennine Portfolios is a way that investors can impact the environment through their investments by doing good, avoiding harm while making money and playing a part in addressing the issues highlighted by World Environment Day.
If you would like to know more about the range of portfolios and the investment process, you can find more information on our website https://www.penninewealthsolutions.co.uk/research/, or you can contact Sean Fisher on 0800 161 5052.
* Source – Rathbone Ethical Bond Fund Illustrative Holdings
Pennine Wealth Solutions LLP, authorised and regulated by the Financial Conduct Authority and only available through authorised Financial Advisers.
Investors should remember that the value of investments and income from them can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results. Any mention of specific securities should not be interpreted as a solicitation to buy or sell specific securities.