Novo Wealth Confirms The Worth of Ethical Financial Advice

credit: USACE on Flickr

One of the fastest-growing areas of investment is "ethical" investing, which aims to address social and environmental issues in the companies and organizations you invest in.

And a company in Australia has just launched one of the first such funds in the world.

"There is a growing awareness that ethical investing gives clients a opportunity to make an impact by the way they invest in society and the planet," Novo Wealth founder Paul Garner says in a press release.

According to Morningstar, sustainable funds performed better than their traditional counterparts in 2019 with returns in the top half of the Morningstar categories for sustainable funds.

The Los Angeles Times reports ethical funds invest in companies that help the environment, treat their employees well, and make a positive impact on society as a whole.

Garner says people are starting to divest from industries like fossil fuels and gambling because of social and environmental issues, but ethical funds don't necessarily have to meet all of those standards.

"Some clients may choose to have 100% of their investments in ethical funds and retirement plans in ethical investments.

As a dedicated ethical adviser, Novo Wealth can help guide clients ignore misleading environmental claims and understand how responsible investments and an overall financial performance are," the press release states.

Garner says Novo Wealth will only supply the top 10% of ethical funds on its Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Miai: Developing Innovative Ai Systems for Humans and the Environment

When it comes to artificial intelligence, the European Union's General Data Protection Regulation (GDPR) is a no-brainer. But when it comes to the environment, it's a little more...more

Walmart Foundation Commits 1 Million to Support Humanitarian Aid in Gaza

Walmart is donating $1 million to help people in the Gaza Strip who have been affected by the recent conflict between Israel and Hamas, the New York Times reports. "With the pause in fighting,...more

Fg, Philanthropic Bodies To Raise $200M For Job Creation, Msme Support

The government of Nigerian President Muhammadu Buhari has come up with a novel way to create jobs and boost the country's economy, the Guardian reports. According to a statement from the office...more

Fg Partners International Donors to Raise $200 Million for Msmes

Nigeria's president says he wants to create 2 million jobs by the end of his term in 2023, the AP reports. President Bola Tinubu announced the plan Sunday in Abuja, saying $200 million would be...more

Shaping The Future Of Renewable Resources Through Eic Support

Scientists in Spain say they've created an artificial leaf capable of turning water and carbon dioxide into fuel and chemicals, the Guardian reports. "When we recognized our prototype after...more

Failure Is Deadly: Vulnerable Countries Need Climate Action Now, Says the Irc Ahead of Cop28

Delegates from nearly 200 countries are meeting in Dubai this week for the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change, and a new report from the...more

Asian Development Bank to Invest $100Bn to Maximize Climate Impact

The Asian Development Bank says it plans to invest $100 billion to fight climate change in Asia over the next decade. The bank says the money will be used to help the region's cities, towns, and...more

Russell Innovation Center for Entrepreneurs Receives $1.5 Million Investment From Wells Fargo

"When RICE opened in 2019, the vision was clear: to create a thriving ecosystem where Black entrepreneurs could turn their dreams into successful businesses," Jay Bailey, president and CEO of the...more

Sonoma Valley School Board Eyes Plan to Boost K-12 Arts Education by ...

California voters have given their thumbs-up to a ballot measure that aims to boost arts education in public schools. Proposition 28 will provide $500,000 a year for the next five years to the...more

The Animation School Chooses Honoris United Universities for Its Pan-African Expansion

South Africa's Animation School is ranked 12th in the world for animation education by the Animation Career Review website, and now it's joining the Honoris United Universities network of colleges...more