Contact: Alex DeBlois, Green Century Capital Management, firstname.lastname@example.org, 617-482-0800
BOSTON, April 19, 2017 – Today, Green Century Capital Management (Green Century) in collaboration with Trillium Asset Management and 350.org announced the release of a new fossil fuel free investing guide for environmentally and socially conscious investors, Make a Clean Break: Your Guide to Fossil Fuel Free Investing. The guide is an update to previous versions released in 2014 and 2013.
The new guide provides improved insights and analysis about the potential financial advantages of eliminating fossil fuel corporations from investment portfolios and reinvesting in clean, sustainable, and solutions-oriented investments that are advancing the transition toward a zero-carbon economy.
“Given the current political and regulatory environment, we are seeing more investors looking for ways to get off the sidelines and use their investments to help make a positive impact,” Leslie Samuelrich, president of Green Century Capital Management, said. “Taking action on climate change through divestment has never been more important—or easier to implement. Every individual, family, and institution should take the time to review the options available and steps to take. We believe this guide offers a concrete action plan to set the wheels in motion,” Matt Patsky, CEO and Portfolio Manager at Trillium Asset Management added.
Whether investors invest on their own, through an employee-sponsored 401k, or financial intermediary, such as a Financial Advisor, the guide offers specific steps individuals can take to start investing fossil fuel free. Inside the guide, readers will find:
• A special introduction by 350.org founder, Bill McKibben
• Background information about divestment and fossil fuel free investing
• Four reasons to avoid coal, oil, and gas companies
• How to divest, which offers a suite of online resources to help individuals divest and reinvest fossil fuel free
• An introduction to reinvesting in clean, sustainable investments
Investments that consider environmental, social, and governance (ESG) criteria have gained favor in recent years. In addition to the actionable measures investors can take to invest fossil fuel free, the new guide explains how consideration of ESG criteria or “low carbon” products are not synonymous with fossil fuel free or social, responsible, and impact (SRI) investing.
“Sustainable investing continues to grow in the U.S. and in addition to serving as a resource about how to invest fossil fuel free, we hope this guide helps investors understand that ESG, SRI, and fossil fuel free are not the same and can vary significantly across firms and products,” Samuelrich said. “We can’t stand-by waiting for our governments to do the right thing. Divesting sends one clear message globally: it is time to end the age of fossil fuels because that’s what it really means to solve the climate crisis,” Bill McKibben, founder of 350.org added.
To download the new, free guide, please click here.
Green Century is the first family of diversified and responsible fossil fuel free mutual funds. You can learn more about Green Century’s fossil fuel free investing and three-pronged approach of investing in sustainable companies, leading shareholder advocacy program, and support of environmental and public health non-profit organizations by visiting the Why Choose Green Century webpage.
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, 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 market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to risks including interest rate, credit, and inflation. The Funds’ environmental criteria limit the investments available to the Funds compared to mutual funds that do not use environmental criteria.
This information has been prepared from sources believed reliable. The views expressed are as the date of publication and are those of the Advisor to the Funds.
The Green Century Funds are distributed by UMB Distribution Services, LLC. 4/17