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The views expressed here are entirely my own and do not represent any other group or organization.

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ESG Investing

by American Friends Service Committee, Atlanta, Georgia, Undated, fall 1986?

Before we get into this, I want to make some things as clear as possible.  First, I am not an investment professional.  I am not going to give you specific investment advice.  What I am doing here is telling my story that you may or may not find instructive.  Your financial situation is unlikely to be the same as mine. But I do feel safe in saying that you should do your research, become an educated investor, so that you know why you are doing what you’re doing with your retirement savings.

Over the last several years, I’ve become sensitized to the impacts our government and economy has on the environment.  In particular, I’ve become horrified how our state Legislature is beholden to oil and gas interests and continually hands out subsidies and favorable treatment to an industry sector that routinely does not return the love, i.e., screws up our landscape and health at every opportunity.  It seems like the history of Pennsylvania repeats.  First we chop down all the forests and erode our soils.  Then we dig out the coal and leave flooded mines and mine spoil. Then we drill for oil (160 years ago) and leave uncapped wells, poisoned land, and petrochemical spills. Now, it’s fracking and we face a future of abandoned and badly managed well pads, spewing methane into the atmosphere.  But, I digress.

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