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Responsible investing columnist

Sustainable Stock Showdown: Amazon vs. eBay

Amazon may be primed for growth but amidst worker protests, climate concerns and military links, is eBay a better bet?

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.

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Tim Nash’s Sustainable Stock Showdown: Can plastic pledges save troubled cruise lines?

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.

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Tim Nash’s Sustainable Stock Showdown: Why profits aren’t flowing through Keystone XL

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.

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Fund face-off: Are your investments LGBTQ-friendly?

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.

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Tim Nash’s sustainable stock showdown pulls plug on GE

With a growing number of investors turning out the lights on General Electric, does Schneider Electric have brighter ideas?

It’s been a rough ride for the General Electric Company. Once considered one of the largest and most stable companies in the world, the American conglomerate has now fallen from grace losing almost two-thirds of its value since 2016, thanks in large part to a bet on fossil fuels gone wrong. Investors are understandably frustrated by GE’s poor performance and are likely looking for an alternative. Enter this week’s Sustainable Stock Showdown.

The General Electric Company (GE:NYSE) was founded in 1892 by American icons including Thomas Edison and J. P. Morgan in upstate New York. It was initially famous for producing light bulbs and rapidly expanded into home appliances, aviation and power generation. The company’s market value peaked just shy of $600 billion in 2000 but has steadily declined to less than $100 billion today.

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Green investments top $10 trillion worldwide

Our latest report details over $10 trillion in investments in everything from high-tech buildings to salt water-loving foods

So often when you read policy about the transition to a low-carbon economy like the Green New Deal, it’s presented as some ideal future state. Although we still have a long way to go, a new report I co-authored reveals the green economy is already here and now, to the tune of $10 trillion over the last decade.

Since 2009, I’ve worked with Ethical Markets Media to publish the annual Green Transition Scoreboard. Our latest report details more than $10 trillion of private investments in renewable energy, energy efficiency, green construction, corporate green R&D and life systems over the last ten years.

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Tim Nash’s sustainable stock showdown: Kimberly-Clark vs. Cascades

If you don't want to blow your nose (or your investments) on the Boreal forest, what are your options?

They say there are only two sure things in life: death and taxes. But if there’s another thing we all share in common, it’s our reliance on, well, disposable paper products. This week we look at two companies in this sector: Kimberly-Clark (KMB.NYSE) and Cascades (CAS.TO).

Kimberly-Clark is an American consumer products company that makes personal care products like diapers, tissues, and yes, toilet paper. Some of its brands include Huggies, Kleenex, Kotex and Cottonelle. I was quite skeptical of Kimberly-Clark going into my research. The forestry sector, in general, has a chequered past with impacts on biodiversity loss, climate change, and indigenous rights.  As far back as 2005, Greenpeace vocally accused Kleenex of blowing our noses on the Boreal forest.

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Tim Nash’s sustainable stock showdown on ditching Exxon for greener oil

As Exxon shareholders turning up heat over climate risks, one oil company is proving itself as renewables powerhouse

As a sustainable investment advisor, I’ve had the uncomfortable job of sitting with climate activist clients as we open up their portfolio to find Exxon shares front and centre. Exxon Mobil Corporation (XOM) is one of the biggest companies in the world and so it tends to have a prominent place in the top ten holdings of most standard funds.  It’s a bitter pill to swallow for the climate conscious, since Exxon has one of the largest carbon footprints on the planet.

Environmental advocates have had good reason to scorn Exxon at least as far back as 1989, when the Exxon Valdez spilled roughly 11 million gallons of oil into Alaska’s Prince William Sound. More recently, a 2015 investigative report from Inside Climate News revealed that Exxon scientists knew about the climate impacts of fossil fuel use back in the 1980s and undertook a massive lobbying and advertising campaign to sow seeds of doubt and uncertainty around the science of climate change.

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Tim Nash’s sustainable stock showdown takes on Warren Buffett’s Berkshire Hathaway

Investing legend's tepid approach to climate risks may leave you high and dry. So which insurance company wins our showdown?

Berkshire Hathaway is the fifth largest publicly traded company on the planet. But while many Canadians have never heard of the conglomerate, there’s a good chance you know the name of its chair and CEO, Warren Buffett. Buffett is certainly an investing legend. Some would consider him an investing god. Every year, thousands of people flock to Omaha, Nebraska for the Berkshire Hathaway annual shareholders meeting, as they did earlier this month. So, is the Oracle of Omaha betting on a sustainable future?

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Tim Nash’s sustainable stock showdown: Uber vs. Lyft

With driver strikes and bumpy IPOs, is one app more ethical than another and is either stock a sustainable investment?

Not owning a car is one of the best financial decisions I’ve ever made. Car payments, insurance, parking, repairs, etc. would add about a thousand dollars to my monthly budget. I’m fortunate to live in a big city, so it’s way easier for me to bike, take transit, and use ride-hailing apps like Uber and Lyft  to get around town (especially in nasty weather). But not everyone sees ride-hailing in a rosy light.  Ahead of Uber and Lyft’s IPO launches, drivers in the U.S. and the U.K. have been holding strikes to draw attention to their declining wages. Is one app more ethical than another and is either stock a sustainable investment?

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