ESG investing: the green way to grow your money

Are you considering investing in stocks, bonds, or mutual funds but want to support enterprises whose values align with your own? If so, you may want to look into ESG investing. Here’s what you should know.

Non-financial factors
The letters E, S, and G stand for “environmental,” “social,” and “governance.” These factors provide criteria for evaluating a business’s social and environmental accountability.

• The environmental factor considers the energy efficiency of an organization, its treatment of animals, and its waste management practices.

• The social factor pertains to the quality of an organization’s relationship with the community, including concerns for the safety and well-being of its employees.

• The governance factor addresses the transparency of an organization and any conflicts of interest or illegal acts.

To select investments that align with ESG criteria, consult a professional who specializes in responsible investment practices.