Green Century Capital Management — our network’s green investment arm — announced on Oct. 20, 2017, that its assets under management (AUM) reached a new landmark, exceeding $500 million.
For more than 25 years, Green Century has helped individuals and institutions invest for their future without compromising their values. Started by the PIRGs in 1991, Green Century aims to provide a way for our members and other concerned individuals to avoid the most environmentally damaging companies when investing for the future.
Green Century also leads a shareholder advocacy program that involves pressing companies to make policy changes, such as purchasing only sustainably grown palm oil, eliminating use of toxic chemicals that destroy bees and butterflies, or reducing food waste.
“More than ever, people want to make an impact through their investments,” said Leslie Samuelrich, President of Green Century Capital Management. “We are a mission-driven firm seeking to provide competitive returns for investors who want to align their values and invest in sustainable companies.”
From investing in Sony,* which plans to achieve an overall zero environmental footprint by 2050, to investing in Tesla,* which is pushing the envelope on what is possible for electric vehicles and clean energy storage, Green Century is leading the way forward to a cleaner, healthier future.
The Green Century Funds' growth — 435 percent from Sept. 30, 2012 to Oct. 20, 2017 — mirrors both the rise of interest in sustainable investing and the growth of global fossil fuel divestment campaigns.
“We are proud to work with our investors to transition away from industries that have misled the public and have driven the devastating effects of climate change that we are witnessing today with the latest rash of hurricanes and fires,” said Samuelrich. “Fossil fuel-free investing is not only possible, but is a relatively easy way to act on your concerns while providing potential financial benefits for your investments.”
You can learn more about investing fossil fuel free at www.GreenCentury.com.
About Green Century Capital Management:
Green Century Capital Management is the investment advisor to the Green Century Funds and offers three environmentally and socially responsible funds, the Green Century MSCI International Index Fund, the Green Century Equity Fund, and the Green Century Balanced Fund. Green Century works to curb climate change through fossil fuel-free investing, reinvestment in sustainable companies, and advocating with companies to improve their environmental policies and supply chains.
* As of September 30, 2017, Sony Corporation comprised 1.28%, 0.00%, and 0.00% and Tesla Motors, Inc. comprised 0.00%, 0.48%, and 0.00% of the Green Century MSCI International Index Fund, the Green Century Equity Fund and the Green Century Balanced Fund, respectively. References to specific securities, which will change due to the ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor.
You should carefully consider the Funds’ investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please click here, email firstname.lastname@example.org, or call 1-800-934-7336. Please read the Prospectus carefully before investing.
Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region, or market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to risks including interest rate, credit, and inflation. The Funds’ environmental criteria limit the investments available to the Funds compared to mutual funds that do not use environmental criteria.
This information has been prepared from sources believed reliable. The views expressed are as of the date of publication and are those of the Advisor to the Funds.
The Green Century Funds are distributed by UMB Distribution Services, LLC. 11/17