Fossil free funds

I have been looking for a pension (superannuation) fund for a couple of years now that’s completely fossil fuel-free. It was harder than I expected because even the self-described “ethical” funds had a small proportion invested in oil and gas. Finally, I’ve found one! It’s the Baillie Gifford positive change fund. They get an A grade from Fossil Free Funds with 0% exposure to fossil fuel investments.

To invest in this fund in the UK you can go through Charles Stanley Direct or Hargreaves Lansdown. There are also other options on the fossil-free funds website and Charles Stanley Direct has several socially responsible investment funds to choose from so there’s more choice out there than there used to be. It’s also a good time to invest with coronavirus and fears of a pandemic sending stock prices down.

Disclaimer: This is not investment advice and I am not a financial advisor

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