At One Day In July, we focus sustainable investing on the environment, recognizing the urgency of climate change and the tangible nature of the metrics available.We work to cut through the frenzied noise surrounding this growing field, while sticking to our basic principles: simplicity, low fees and personalized attention.
Throughout history, investors have sought to use their capital to effect change. We know there are many ways each of us can make a difference - advocacy, activism, philanthropy, direct action. But we hear, over and over, how individuals and institutions want to speak clearly through their investments.At a time when climate change is no longer in question, we seek to offer opportunities to do more.
Our environmental investing screens are centered around two key metrics - fossil fuel reserves and carbon intensity. These address the extraction of carbon from the ground, and its effect on the atmosphere as it is used, globally.
"Chronic hazards, such as slow increases in mean temperature or sea levels, or a gradual change in investor sentiment about those risks, introduce the possibility of abrupt tipping points or significant swings in sentiment." - Fed Governor Lael Brainard, in the Fed's biannual financial stability report on November 9, 2020. This marks the first time the U.S. central bank has specifically called out climate risk in this assessment.
Our focus on diverse, low-cost index funds allows us to offer simple, transparent, and low fees. Our commitment to this philosophy spans our client portfolios, but may have particular resonance in environmental investing, where advisory and fund fees can often run high.It is rare to find a financial firm dedicated to both personal attention and low fees. That is One Day In July.