00:00I was 22 and the youngest trader at the New York Stock Exchange.
00:05Yeah, thank you. I'm actually in the middle of doing a show right now.
00:10Oh, um, can we pick this up later?
00:14Okay, I gotta jump. Bye.
00:20Hi there, welcome to the Invested Inquiry Institute.
00:23I'm Lauren Simmons from Money Diaries.
00:25Here at the Triple I, we answer your burning questions about money moves that help not only you, but the
00:31world around you.
00:33We're just about to open right now.
00:37Hi, this is Lauren. Thank you for calling Invested Inquiry Institute. How can I help you?
00:42Hey there, Lauren. This is Marta, and I've got the earth on my mind.
00:45I'm looking to start spending and investing my money in a more planet-conscious way, but I'm not sure where
00:51to start. Any advice?
00:54Thanks for calling. I mean, this is a topic on a lot of people's minds right now, and we've got
00:59plenty of tips to share.
01:01Perfect. I'm all ears.
01:05So the very first step you're going to want to take is identifying your values.
01:09Ask yourself what changes you'd like to see in this world.
01:12Think about it, and I want you to write it down.
01:15Being conscious of your values is going to set your compass at True North and inform how you will use
01:21and invest your money in the long run.
01:24That makes sense.
01:25How do I know if a brand or a company lines up with my values?
01:29A great starting point is to assess the company's ESG criteria, if it's publicly available.
01:41ESG stands for Environmental, Social, and Governance.
01:45Trading platforms like Robinhood have created easy-to-read materials for potential customers that break down their priorities and policies.
01:53Check these reports out to see if they line up with your values.
01:57Many financial companies have created pre-packaged ESG funds.
02:02These funds are pre-vetted portfolios of equities and or bonds, which contain companies who have prioritized ESG considerations.
02:11Another great indicator is if the company has received a B Corp designation.
02:16So in a nutshell, Marta, here's what you should focus on.
02:19ESG funds are pre-packaged groups of portfolios of equities and or bonds that prioritize environmental, social, and governance factors.
02:27A business that meets the highest standards of social and environmental performance, public transparency, and legal accountability to balance profit
02:37and purpose.
02:38The process of intentionally making investments with the aim of creating a beneficial impact on the environment and society while
02:45achieving your financial goals.
02:47Got it.
02:48I've been taking notes, and I think I'm ready to take action.
02:51The planet can't wait.
02:53Glad to hear it, Marta.
02:54Call us back if you have any other questions.
02:57Thanks again, Lauren.
03:00Thanks for watching.
03:01Until next time.
03:05Hello.
