The Social Justice Investor (make wise financial choices)
The Social Justice Investor is a book for anyone who invests money in banks or the stock market. It’s American, but most of the info can apply elsewhere. Each investment however small has impact on the planet. Whether you have £100 or £100 million to invest, you have the power to change the world for better.
This book shows how to reconcile your financial wellbeing with a desire for a better world. All investment on stock markets has risk (never invest more than you could afford to lose) but there are also safer ways to invest smaller amounts.
Learn how to find good financial advice and decide where to put your savings in this wonderful book.
Author Andrea Longton is a professional social justice investors who specialises in community development finance. She has raised over $1 billion for social justice investments in the USA and advised on another $1.5 billion worldwide. She also manages her own family’s social justice investment portfolio.
Where to invest your savings?
- Credit unions are more likely to support under-served areas, helping to rebalance opportunities. Andrea Longton recommends checking how your bank’s actions align with your values, not just their words.
- Triodos bank offers savings accounts and impact investments.
- Charity Bank invests in local communities
- Ecology Building Society invests in eco-building projects.
- Shared Interest invests money in Fair Trade coffee/cocoa farmers.
- Microloans, community funds and crowd-funding projects can all help people get started with small businesses, education or housing. By supporting these tools, you help remove barriers that keep some groups from getting ahead.
- Ethical Investors can makeover your portfolio and has given over £600,000 to good causes, via its own ethical screening criteria. It can also advise on pensions and hand you over to discretionary managers to tailor bespoke investment portfolios.
- US Vegan Climate ETF does not invest in anything that harms animals, humans or the planet or humans. It’s listed on Cboe BZX Exchange (under ticker VEGN). Plant-based companies can visit Veg Capital.
