Investing is no longer solely about financial gains.
You may also worry about where you are putting your money and how your investments can affect the environment.
Your investment options are a powerful means of driving positive change andmaking a real impact on our planetand society.
New to investing? Here’sour guideon investing for beginners.
This is known as sustainable or socially responsible investing, or ESG investing.
This investment approach allows people to align their investment choices with their values.
But what exactly is sustainable investing, and how does it differ from traditional investment strategies?
Lets take a look atsustainable investing, its fundamental principles and how it differs from traditional investment strategies.
What Is Sustainable Investing?
Sustainable investing combines financial goals with a desire to positively impact the environment and society.
No Interest Til Almost 2027?
The aim is to avoid supporting entities that contribute to social or environmental issues.
Impact Investing
Impact investing is aboutusing your moneyto make a positive impact on the world.
Instead of focusing on profits, impact investors seek opportunities that tackle social or environmental challenges.
Invoice factoring, specifically, canhelp fund growthby allowing companies nearly unlimited access to capital without too many complications.
Sustainable Investment Options
Thanks to technology, finding the right ESG investment opportunities is very easy.
It allows you to stand up for what you believe in and support businesses committed to responsible practices.
New York contributor Kiara Taylor specializes in financial literacy and financial technology subjects.