Green Century Capital Management, 350.org, and Trillium Asset Management, LLC are releasing an updated version of Extracting Fossil Fuels from Your Portfolio: An Updated Guide to Personal Divestment and Reinvestment. The guide helps individuals better understand fossil fuel divestment, provides clear steps to move money out of coal, oil, and gas companies, and gives tips on how to invest in sustainable companies and investment vehicles. The first Guide was published a year ago in response to demand arising from the fossil fuel divestment movement.
You can download a copy of the guide by clicking here, or at 350.org, greencentury.com, or trilliuminvest.com.
“The potential financial advantages of moving away from coal, oil and gas companies has attracted the attention of investors at every level,” stated Leslie Samuelrich, President of Green Century Capital Management, the advisor to the first family of diversified and responsible fossil fuel free mutual funds that has seen its assets under management double in the last two years. “People care about carbon pollution and want to use their investments to make an impact,” added Samuelrich.
“Investors have an important role to play in the climate change movement,” stated Bill McKibben, internationally recognized author and co-founder of 350.org, which leads the Fossil Fuel Divestment campaign. “By naming the fossil fuel industry’s singularly destructive influence, we hope that the divestment movement can help break the hold that the industry has on our economy and governments,” said McKibben.
“Our firm believes that climate change is the defining of our generation. We also believe that all investors who care about the planet have a responsibility to try to divest. Our goal is to create a platform of investment options that makes this step as easy and straightforward as possible,” stated Matthew W. Patsky, CEO of Trillium Asset Management.