Investment funds and Carbon Footprints
Move investment funds and save the envrioment Current mood: awakeThe impact of moving a £10,000 investment from the fund with the largest carbon footprint to one with the smallest is the equivalent of reducing 14 tonnes of CO2 per annum, according to environmental research business Trucost.
In contrast the average UK household emits just six tonnes of CO2 a year.Trucost analysed 44 of the largest UK investment trusts and open-ended funds. It divided the carbon output of the portfolio companies by the size of the investments and the fund with the smallest carbon footprint was a UK investment fund by a well known company
In contrast the average UK household emits just six tonnes of CO2 a year.Trucost analysed 44 of the largest UK investment trusts and open-ended funds. It divided the carbon output of the portfolio companies by the size of the investments and the fund with the smallest carbon footprint was a UK investment fund by a well known company
