The first week of July, 2023 was the hottest week on record, according to the World Meteorological Organization (WMO). This is following the hottest June on record.
The WMO released a statement on Monday about monitoring potential new record temperature from massive heat waves across the U.S. and spanning several continents.
“We are in uncharted territory,” said Christopher Hewitt, director of climate services at the WMO. “We can expect more records to fall … these impacts will extend into 2024. This is worrying news for the planet.”
The erratic weather is linked to increasing levels of carbon pollution and climate change. We believe oil and gas companies knew that their products would create these problems but misled their shareholders and the public for years about the climate consequences.
Leslie Samuelrich, president of Green Century Funds, said the need to avoid fossil fuel investments is crucial and urged actions to help curb the effects of climate change.
“While fossil fuel executives reap the economic benefits of their reckless activities, every day people are left to deal with extreme heat or overflowing rivers due to weather made more extreme and erratic due to climate change,” said Leslie Samuelrich, President of Green Century Funds. “Having your investments reflect your values is one way for us to take control and work for solutions.”
Want to transition to clean energy and send a message to these companies? Learn how you can from the Green Century Funds, one of the first families of fossil fuel free mutual funds. Green Century Funds help align your values with your investment goals. Our sustainable investment strategy uses environmentally responsible screens.
The Funds avoid exploration, extraction, processing, refining, transmission of coal, oil and gas, utilities that burn fossil fuels to produce electricity and companies with carbon reserves.
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.
°Green Century Capital Management, Inc. (Green Century) is the investment advisor to the Green Century Funds (the Funds).
The Green Century Funds are a family of fossil fuel-free, environmentally responsible mutual funds. Green Century Capital Management hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations.
You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please visit www.greencentury.com, 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 and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. 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 reliable. The views expressed are as 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. 7/23. UMB and Green Century are not affiliated.