The Power of Your Money: Does Your Wallet Have a Conscience?
Our community is a result of the small choices each of us makes daily. From the detergent you buy to the stock you invest in, your choices influence the larger world.
Consider investing. Conventional investing focuses on company risk and returns. “Sustainable investing”—a growing trend in the financial industry—is one action individuals can take to tackle climate change. It is an approach that considers the environmental, social, and governance (ESG) aspects of companies one might invest in. Sustainable investing employs conventional investment strategies along with screening for companies working to create solutions to a number of environmental and social problems.
One reason to consider sustainable investing is managing risk. Companies that ignore their social and environmental responsibilities may face regulatory, reputational and governance risks – which can negatively impact share value. A second is alignment with your values and ethical concerns. And a third reason may be long-term prospects. Companies with a negative reputation and poor business practices may not be sustainable in the future. Today’s investors have the power to decide which ESG criteria to focus on in their portfolios—from eliminating fossil fuels to focusing on labour working conditions or even gender diversity.
In building a portfolio, investors can either seek out or exclude certain sectors, companies or projects based on their positive or negative impact on society.
The crucial step is deciding to take action. Any investment portfolio, no matter the size, can have a positive impact on our future. Sustainable Orillia is encouraging community members to consider their investments by viewing an Earth Day webinar hosted by Sustainable Orillia.
Join us in watching Our Planet: Too Big to Fail (45 minutes) followed by analysis and insights from our expert panel on how the Power of Your Money can to do good for our planet’s future. Our panel features local experts including Jessica Bentley-Jacobs (Sustainable Director for Hydro One), Florin Pendea (Associate Professor of Sustainability Sciences, Lakehead University), Mark Bisset (Director, Couchiching Conservancy) and Jackie Ramler, your host for the webinar and a Portfolio Manager/Branch Manager at Raymond James Executive Wealth Advisors. It’s an event you won’t want to miss.
Join us on Earth Day – Thursday, April 22nd at 7:00 p.m. Register today for the webinar at www.sustainableorillia.ca to save your spot.
Start making your money work for you AND the future of our community.
“Jackie Ramler, a Portfolio Manager and Branch Manager at Raymond James Executive Wealth Advisors in Barrie, and an advocate of ‘sustainable investing’ will host Sustainable Orillia’s Earth Day Webinar, April 22, 2021.”