04-18-2023, 06:51 AM
Carbon footprint of investments: Owning USD 100,000 in shares is equal to emissions
<!-- SC_OFF --><div class="md"><p>Here an interesting analysis of the CO2 intensity associated with randomly selected securities. (here related to the US market, but that might not be that unique)</p> <p>Quote: "(...)the average carbon intensity per unit of cash deployed by the US financial sector is 126.03 ktCO2e/billion USD.".</p> <p>So, if you invest 100,000 without thinking too much, the businesses you become shareholder of will - on average - cause 12.6 tons of CO2 emissions annually - as much as about 3 cars with average operation cause per year.</p> <p>So it's worth making a conscious choice when investing - if the topic is important to you. The impact can be stronger than what you do in daily life.</p> <p>Analysis in Detail: <a href="https://static1.squarespace.com/static/6281708e8ff18c23842b1d0b/t/6283204b3556a5125ce13b37/1652760661661/The+Carbon+Bankroll+Report+%285-17-2022%29.pdf">The Carbon Bankroll: The Climate Impact and Untapped Power of Corporate Cash</a> </p> <p>Now without reason more and more shareholders, including large investment funds, either divest from environmentally problematic businesses or take action in shareholder meetings in order to improve the companies carbon footprint. Just doing nothing means accepting business as usual.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ulfOptimism"> /u/ulfOptimism </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/12p92x6/carbon_footprint_of_investments_owning_usd_100000/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/12p92x6/carbon_footprint_of_investments_owning_usd_100000/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Here an interesting analysis of the CO2 intensity associated with randomly selected securities. (here related to the US market, but that might not be that unique)</p> <p>Quote: "(...)the average carbon intensity per unit of cash deployed by the US financial sector is 126.03 ktCO2e/billion USD.".</p> <p>So, if you invest 100,000 without thinking too much, the businesses you become shareholder of will - on average - cause 12.6 tons of CO2 emissions annually - as much as about 3 cars with average operation cause per year.</p> <p>So it's worth making a conscious choice when investing - if the topic is important to you. The impact can be stronger than what you do in daily life.</p> <p>Analysis in Detail: <a href="https://static1.squarespace.com/static/6281708e8ff18c23842b1d0b/t/6283204b3556a5125ce13b37/1652760661661/The+Carbon+Bankroll+Report+%285-17-2022%29.pdf">The Carbon Bankroll: The Climate Impact and Untapped Power of Corporate Cash</a> </p> <p>Now without reason more and more shareholders, including large investment funds, either divest from environmentally problematic businesses or take action in shareholder meetings in order to improve the companies carbon footprint. Just doing nothing means accepting business as usual.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ulfOptimism"> /u/ulfOptimism </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/12p92x6/carbon_footprint_of_investments_owning_usd_100000/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/12p92x6/carbon_footprint_of_investments_owning_usd_100000/">[comments]</a></span>