Ethical Investments

Ethically responsible investing allows students to manage their finances while promoting corporate environmentalism and social responsibility. How a company upholds these values can be quantified by its ESG score, which is used to assess companies based on their environmental (E) and social (S) impacts in accordance with their governance (G).

Because not all responsible companies score perfectly, it is important to assess your values so you can align your investments with them. Factors that are accounted for include carbon emissions, the use of renewable energy sources and social outreach initiatives. 

Beyond the ESG score, certain firms produce metrics on how companies treat their employees, stakeholders, and consultants. Does a company offer fair wages and good working conditions? Is the company’s governance corrupt? There are many ways to invest while accounting for all these elements. The most customizable option is to invest in individual stocks that align with your values. Alternatively, you can choose specific funds that prescreen companies for high ESG scores. Managing your finances with your values in mind is not only possible, but a crucial part of combating climate change and ensuring social justice.