If you're going to offset your carbon footprint, you might as well do it with a trendy fruit.
seems to suggest that the real environmental champions in the financial world are actually putting their mouth where their money is. Chris Hoss—head of TCI Management Fund and its $30 billion in investments—is reportedly telling the companies in his company’s portfolio to either reduce their carbon footprint or face financial repercussions. He even apparently hammered home his environmental commitment by serving vegan food during a recent investor day.
Of course, in the financial world, motivations can be multifaceted. Part of this newfound appreciation of environmental issues may simply be that they’re trendy—and the funds that support these issues is where people want to put their money. But as Adam Jones from the investment advisory firm Albert E Sharp told, don’t worry about what’s happening behind the scenes as long as the outcome is beneficial.
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