Company Spotlight: Autodesk*
A key component of Green Century’s sustainable investment strategy is support for environmental leaders and innovators. Instead of supporting environmentally irresponsible corporations, we invest in companies like Autodesk, a holding in the Green Century Equity Fund that is helping design a more sustainable future.
Creators use Autodesk software to design and construct more sustainable products, buildings, and infrastructure. For example, BioLite, a New York City-based startup, used Autodesk software to create its HomeStove, a simple and inexpensive cookstove aimed at the 1.2 billion people around the world who lack reliable access to electricity.
The HomeStove cuts fuel costs, generates off-grid power, and reduces emissions by 90%. It also provides a safer alternative to open-fire cooking, which is critical, as open-fire cooking causes more than 4 million deaths each year, according to the World Health Organization.
Autodesk is a corporate sustainability leader, too. All of its facilities and cloud services are powered by renewable energy and it has achieved a 38% reduction in greenhouse gas emissions since 2009. Autodesk also has a blueprint to remove commodity-driven deforestation from its supply chain by 2020.
Autodesk’s environmental commitment earned it a 2018 SEAL Organizational Impact Award, as one of the 50 most sustainable companies in the world.
Autodesk is just one of the many industry leaders helping to guide our economy towards a fossil fuel free future in the Green Century Equity Fund.
You can see a complete list of holdings in the Equity Fund, learn more about our investment strategy, and see the performance of the Equity Fund on the Fund’s page, or by calling 1-800-934-7336.
*As of June 30, 2019, Autodesk, Inc. comprised 0.72%, 0.29% and 0.00% of the Green Century Balanced Fund, the Green Century Equity Fund, and the Green Century MSCI International Index Fund, respectively. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or the distributor.
You should carefully consider the Funds’ investment objectives, risks, charges and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds, please click here for more information, email email@example.com or call 1-800-934-7336. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic or political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to risks including interest rate, credit, and inflation. A sustainable investment strategy which incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.
This information has been prepared from sources believed to be reliable. The views expressed are as of the date of this writing and are those of the Advisor to the Funds.
The Green Century Funds are distributed by UMB Distribution Services, LLC. 235 W Galena Street, Milwaukee, WI 53212. 7/19