New Sustainability Fund Launches on New York Stock Exchange

The fast-changing world of responsible investment has a new player: the ETHO ETF Fund. Just launched on the New York Stock Exchange, it claims to be the world’s “first broad-based, diversified, and fossil-free exchange traded fund without exposure to the energy sector,” reports Business Green. The Fund is made up of equities from the Etho Climate Leadership Index that lists 400 "climate-efficient" companies across various sectors. Parent investment management company Etho Capital says the fund will be available to all investors, from large institutions to university students investing for the first time. This innovative financial product is the latest exhibit in making the case for socially responsible investing that maximizes both sustainability and ROI.

John Howell, Editorial Director

News & Blogs

42 min 36 sec ago

(3BL Media/Justmeans) – Apart from ideological reasons to invest in companies with a lower environmental footprint, investors also have strong business reasons. Companies with a serious climate change focus typically have robust corporate governance. Over time, this translates into exceptionally high and consistent returns for the investors. 

6 hours 42 min ago

(3BL Media/Justmeans) – Decarbonising the global economy is an ambitious plan. Now, corporate leaders understand the size of the challenge and the importance of meeting it. We are on the threshold of an economic revolution that will transform how we think about productive activity and growth. Wall Street is waking up to climate-conscious investing; financial giants are acquiring investment boutiques and quickly building departments to address environmental opportunities and risks.

9 hours 12 min ago

(3BL Media/Justmeans) – According to the Food and Agriculture Organization (FAO), the world has the capacity to produce enough food to feed everyone adequately. However, nearly 800 million people still suffer from chronic hunger, despite the progress made over the last two decades. More than 160 million children below five years of age continue to be chronically malnourished.

1 day 19 hours ago

(3BL Media/Justmeans) - Mostly, we think of the Internet, the cloud and the explosion of mobile technology as things that save us energy: letting our fingers do the walking, avoiding unnecessary trips, being more precise when we do go looking for something, and buying online. And for the most part, that is the case. Those UPS trucks running up and down your street, even though they are bigger than anything you’re driving (I would hope), they are running a specific route that passes near your house anyway. That makes them more efficient...

3 days 19 hours ago

(3BL Media/Justmeans) – Corporate ethics professor Stephen Brenner writes in The Journal of Business Ethics that all organizations have ethics programs, but most do not know that they do. A business ethics program must be made up of values, policies and activities that impact the propriety of organization behaviors. Ignoring ethical values or creating an environment of fear at the workplace can discourage employees from speaking up on ethical matters.

4 days 22 hours ago

(3BL Media/Justmeans) – World’s leading companies with a strong brand heritage and extensive presence across continents can leverage their power to transform the world for the better. They can drive sustainability not just in terms of mitigating their environmental footprint, but also by making a positive social and cultural impact in the communities where they operate.