I have a small amount of capital id like to invest in a company who is really doing great things for the environment. Im not talking about massive oil companies who have introduced a 5% renewable energy policy, but companies that are actually making a difference throught the use of sustainable development, a company that can be trusted and will still be here 100 years from now, any ideas... thanks guys
2007-07-25 23:31:06 · 10 answers · asked by Anonymous in Business & Finance ➔ Investing
The 100 years from now sort of limits the field of choices greatly. I have one in mind that might meet your criteria, but I am not sure that I would invest in it if it is going to be my only investment. There is risk and I do not know about the 100 years from now proposition. But here it is.
Vesta Wind Systems. As the name implys, it manufactures wind turbines to generate electricity. It is, according to the company, the largest manufacturer in the world. The company is located in Denmark. It trades on the pink sheets under the symbol of VWSYF. You can look it up on Yahoo finance by keying VWSYF.PK. Also they have a web site where you can read about the company.
I do have a couple of other choices that you might want to think about. Railroads. They have already been in existance for 100 years so the chances are decent anyway that they will be around for another 100 years. From an ethical standpoint, they are the most efficient means of transportation other than barge. Seven times more efficient than truck transportation and 30x more efficient than air transportation. Not only that, but they are the only means of transportation that can operate without the use of oil based fuels. They can run on electricity which can be generated by nuclear power or wind power or water power. Of course currently only a few do but in the future that most likely will not be the case. They are also the only means of transportation that does not require massive government subsidies. Of course they did get their massive government subsidies when they were building the railroads and they were not always so ethical either. Think about that. Here are a few to select from BNI, UNP, NSC, CSX.
2007-07-26 00:14:04 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Since you only have a small amount of capital you should look into one of the many Socially Responsible Mutual Funds available.
This can be an advantage to you because:
1) Your transaction cost will be lower with a small amount of money
2) You'll be diversified
3) The fund managers will know more about what & what not a company is doing in regards to the environment/ethics etc. as compared to what you can probably find out.
For purposes of disclosure I personally am heavily invested in these self same massive oil companies and laughing all the way to the bank. (Although good news, the solar energy companies are starting to prove they can be a viable and profitable industry, the stocks are just a little too expensive for the risks for my tastes.) In the meantime i'll invest in companies with the best profit prospects and risk profiles to suit me and leave it to my foundation when I'm dead to right the world.
2007-07-26 00:00:10 · answer #2 · answered by tiescore 6 · 0⤊ 0⤋
First make sure it's in a ISA wrapper ... if you pick a winner, the last thing you want to do is pay tax on it :-)
If you have money to burn, I suggest looking at the makers of wind / water turbines or those installing wind farms or tidal flow systems .. if you want to protect your investment, buy a Fund that invests across many such companies ..
Right now alternative energy systems are like computer systems .. here are many contenders for the prize but no-one knows who will be the winners .. if you choose an individual company you might have ended up with Zilog instead of Intel ...
2007-07-26 00:08:59 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋
Not many funds, but a few like Azzad Ethical Income, Azzad Ethical mid cap, Fidelity has an focused fund on environment called Fidelity Select Environmental Fund (FSLEX)
2016-05-18 23:26:49 · answer #4 · answered by dawn 3 · 0⤊ 0⤋
Try the Eden Project - I don't know if they'll be in the market for an investor themselves, but they're a pretty good source of information and will help you consider human and environmental ethical issues.
They'll certainly be able to put you in touch with some innovative and worthy causes.
2007-07-25 23:35:27 · answer #5 · answered by Anonymous · 0⤊ 1⤋
RICK
Don't know how ethical they are but their development is sustainable and they can be trusted to be here 100 years from now.
http://finance.groups.yahoo.com/group/TradingZoom/
2007-07-26 03:58:08 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Here is a list of companies which have pass the "Ethical Company Accreditation Scheme".
http://www.ethical-company-organisation.org/ethical-company-accreditations.htm
Hope it helps a little!
2007-07-28 22:15:39 · answer #7 · answered by Vipguy 3 · 0⤊ 0⤋
GE.
They are currently undervalued.
They are the leader in windmill technology.
They are making the most fuel efficient jet engines on the planet.
Their lighting division is a leader in cfl's.
They just dumped their plastics division.
2007-07-26 01:56:23 · answer #8 · answered by joe s 6 · 0⤊ 0⤋
Check out the social investing forum.
http://www.socialinvest.org/
2007-07-26 00:02:42 · answer #9 · answered by Mystery 6 · 0⤊ 0⤋
ethical company????? I dont think thay exist!
2007-07-26 01:55:16 · answer #10 · answered by Anonymous · 0⤊ 1⤋