Investing With Purpose—Getting Started On Your Sustainable Investments Journey
Sustainable investments – perhaps you have heard the term before? If not, take a breath of relief, while we will take you through what you need to know, before starting your sustainable investment journey.
BRINGING SUSTAINABLE INVESTMENT DOWN-TO-EARTH
First, you need to be on a first-name basis with the definition. What is sustainable investment? Sustainable investments are investments made with the intention of achieving positive social or environmental impact alongside a financial return. 1 People is partnering with DoLand to raise awareness of sustainable investment. DoLand is on a mission to make sure that sustainable investment is at eye level, making investing easy and accessible for all.
DoLand’s goal is to offer Denmark’s most sustainable and easiest investment. One important step in that direction is to provide basic information before diving headfirst into the world of sustainable investments. Read through the following five down-to-earth steps for you to consider before setting sail on your investment journey.
BEFORE BOARDING THE SUSTAINABLE INVESTMENT TRAIN
Negative screening, E-S-G and much more are important terms to familiarise yourself with. If you read and speak Danish, visit DoLand’s investment guide to learn all about it.
Every investment involves a risk, as their value can go up and down – and even decrease down to zero. Therefore, consider the risk you are willing to take and know that risk and return often go hand-in-hand. Also, history tells us that time in the market is more valuable for your return than trying to time the market.
Sustainability is many things. So, consider whether it is renewable energy and clean water your investment heart is beating for. Or, perhaps, you seek better treatment for diseases and/or increased health? DoLand has got you covered with 10 investment themes to choose from. They have handled everything surrounding impact screening, so you can focus on what you believe in most.
The spectrum of investments ranges from traditional investment to philanthropy, and it is important for you to consider where you see yourself. At DoLand, for example, they are at the centre of the spectrum— sustainable investments are all about screening, ESG and thematic impact. DoLand aims to be a place where sustainability and competitive financial returns go hand in hand.
Sustainability is not black and white – and while an investment makes a positive difference in one area, in others it can do the exact opposite. For example, if you invest in wind turbines, you contribute to promoting renewable energy – however, those wind turbines are still difficult to recycle. Therefore, understand how impact is measured for each investment you make.
LET YOUR HEART AND BRAIN LEAD THE WAY
Ready for departure? We hope the answer is ‘yes’ and that you feel well equipped to either continue or embark on your sustainable investment journey.
The last advice we will provide you with is to always have your heart and brain in the investments you make. We recommend DoLand as a great place to start your journey. Visit their website by clicking here.
This post was originally written by a personnel of DoLand and has been edited by the content team of 1 People. This is not a sponsored post; DoLand and 1 People have agreed to become collaborators for content and any knowledge-sharing activity to exchange relevant knowledge and information.