Even with all the buzz around Amazon Prime Day’s discount blitz earlier this month, I didn’t join the legions shopping online. It was hard to click “proceed to checkout” while workers and employees protested in Germany, the U.K., and the U.S. A petition with 270,000 signatures was delivered to Amazon CEO Jeff Bezos calling for better worker rights and for the company to cut ties with U.S. Immigration and Customs Enforcement (ICE), the federal agency responsible for rounding up and deporting undocumented immigrants. Although these protests didn’t amount to much action, they certainly shone a light on Amazon’s many problems.Continue Reading...
Tim Nash’s Sustainable Stock Showdown: Can plastic pledges save troubled cruise lines?
Posted July 15, 2019
Carnival and Royal Caribbean try to lure conscious travellers and investors aboard
Being stuck in a hot city all summer can make you daydream about vacationing on water. But can the world’s largest cruise companies lure conscious travellers and investors aboard with new plastic-free pledges?
Last week, Carnival Corporation, the industry’s biggest company with over 100 ships and 10 leading cruise brands, announced plans to significantly reduce its use of single-use plastics by the end of 2021. It’s welcome news. But it’s also just a month after Carnival agreed to pay $20 million in penalties for dumping plastic waste (and attempting to cover it up) into the ocean near the Bahamas.Continue Reading...
Tim Nash’s Sustainable Stock Showdown: Why profits aren’t flowing through Keystone XL
Posted July 8, 2019
As eco orgs launch another lawsuit against TC Energy's troubled pipeline, investors should consider a greener energy firm
Have I got an investment for you. Donald Trump loves this company. It’s been almost ten years and it still hasn’t been able to get its biggest project – an umbilical cord for the oil sands – built and rating agencies are taking a hammer to their credit rating.
Few Canadian companies have ever captured the imagination of a U.S. president quite like TC Energy (formerly known as TransCanada Corp). Trump has tweeted about the company’s Keystone XL an astonishing 44 times. Despite the White House’s enthusiasm for the 1,897 km pipeline that would deliver oil sands down to the Gulf of Mexico, investors are still waiting for the ribbon to be cut. Keystone XL has been mired in a years-long legal battle with landowners and environmental organizations and, last month, environmental groups filed a fresh lawsuit to further block/delay the project.Continue Reading...
Fund face-off: Are your investments LGBTQ-friendly?
Posted June 28, 2019
There are a lot of socially responsible ETFs on the market now, including two with opposing takes on LGBTQ+ issues
Pride Month may be coming to a close, but investors can keep the spirit alive year-round by considering the impact of their investments on LGBTQ+ issues. Consumers vote with their dollars, and so can investors.
Instead of looking at individual company stocks this week, we’re comparing two exchange-traded funds (ETFs). ETFs are like mutual funds in that they are a bundle of companies wrapped up in a fund. However, they trade directly on the stock exchange, instead of through a sales network, which makes them less expensive than mutual funds. There are a lot of socially responsible ETFs on the market right now, including two with opposing takes on LGBTQ+ issues.Continue Reading...