Green fund

(redirected from Environmental Funds)

Green Fund

A mutual fund that invests exclusively in securities in environmentally-friendly companies. Different green funds have different methodologies for determining what constitutes an environmentally-friendly company. Some may avoid certain industries (notably oil and gas) entirely, while others may look at the environmental records of particular companies. Each green fund describes its methodology in its prospectus. It is also called an environmental fund.

Green fund.

A mutual fund that selects investments based on a commitment to environmental principles may be described as a green fund.

Not all green funds stress exactly the same values. A fund that seeks environmentally friendly businesses -- say those that use alternative fuels -- may not be concerned about what those companies manufacture.

Another fund may avoid any company in what it considers an unacceptable industry, despite the company's individual environmental record. In every case, the fund's approach is described in its prospectus.

References in periodicals archive ?
Issues receiving special attention include compliance and enforcement mechanisms, economic instruments and environmental funds, and environmental management in energy and tourism.
Instead of the House-passed version of Growing Greener, HB 3, which takes away $85 million a year in existing environmental funds to provide $115 million, the Coalition's 30 organizational members asked the legislature to adopt a general obligation bond, to be paid out of future revenues and not out of existing environmental programs, and to take that action prior to adjourning for its three-month summer recess.
Here's a case where our environmental team leaned forward, saw the issue and acquired environmental funds for it.
Decentralization of power to local governments in the reform era has meant local governments must depend on their own economic development rather than subsidies from the central government to provide environmental funds.
One of my main goals would be to donate a large amount of proceeds to environmental funds and other charities to show my appreciation of the inspiration that I receive from nature.
Others were quick to follow the initiative and there is now [pounds sterling]1 billion invested in 39 ethical or environmental funds in the UK run by 28 different management groups.
HOUSTON -- ConocoPhillips [NYSE:COP] today provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China.
But, even if threats to siphon 20pc of subsidy payments into environmental funds are overcome, there is the worry the adoption of a single areas payment could slash production levels.
The money raised will go to an environmental funds to support initiatives in that area.
Climate adaptation costs for Asia-Pacific nations are estimated at a staggering $40 billion through 2050, and while there are environmental funds, none are currently dedicated to addressing climate-induced migration issues.
BP Disaster Avoided by Ethical and Environmental Funds
COVENANT OF MAYORS - An entirely European initiative, fostered by the Parliament which hosted the inaugural ceremony earlier this year, the Covenant of Mayors could turn the key on extra environmental funds for Middlesbrough Council.

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