The 10 Green Industries for your Ethical Investment Portfolio

l investing is concerned with industries that promoteMany investors are supporting ethical investments in
affirmative environmental programs, sustainablethe effort to find alternative fuel. Fuel cell technology
growth, and good corporate governance. Manyfirms and biofuel companies have become prime
people still think that investors in green industries maymovers in the advancement of clean but reliable fuel,
lose their money in the long run because it is difficultsome of which are already available in some in
to maximise financial return when taking social ethicselectric vehicles and hybrid cars. Hythane is another
into perspective.alternative clean energy fuel which is currently used
However, developments in the last 5 years wouldby Eden Energy (EDE).
contradict this as there have been significant players9. Pollution Control
entering “green industries” in recent years.The pollution control industry is on the rise following
These companies offer investors a diverse portfoliothe growth of companies that specialise in reducing
that provides potential for competitive returns. Thegreenhouse gas emissions. There are some pollution
industries these large players have entered varycontrol companies like Hydromet (HMC), Dolomatrix
substantially, however there are 10 key industries(DMX) and Tox Free (TOX). Hydromet is recycling
that you might want to look at to add to yourbatteries and Dolomatrix recycles light bulbs and
portfolio of ethical investments:similar items.
1. Solar Energy10. Energy Efficiency
There is a growing solar energy industry that includesFew companies specialise in this field so you have to
solar cell panel and component manufacturers andchoose those who have had relative success in their
solar energy providers. Prominent solar powerline of business. Energy efficiency firms help individuals
stations are scattered throughout New South Wales,and businesses become energy efficient and comply
Victoria and the Northern Territory.with local energy regulations.
2. Wind PowerSummary
The wind power sector not only specialises in theEthical investing, for some investors, means investing
generation and sale of power, but also in the designin industries that promote affirmative environmental
and construction of wind turbines. This high-growthprograms, sustainable growth, and good corporate
industry has spawned windmill farms across Southgovernance. Many people still think that investors in
Australia, Western Australia and Queensland.green industries may lose their money in the long run
3. Water Utilitybecause it is difficult to maximise financial return
There has been a growing need for alternativewhen taking social ethics into perspective. However,
sources of water in Australia because many statesperformance wise, it has been proven in Australia and
are facing desertification and drought. EthicalNew Zealand that investing responsibly performs on
investments have supported companies that operatepar with or better than the broader investment
water purification and desalination plants. Themarket.
Environmental Group (EGL) provides clean water andThe latest Benchmark Report prepared by the
clean air solutions.Responsible Investment Association Australasia
4. Waste Reduction(RIAA) details the performance of Responsible
Ethical investments in the waste reduction andInvestment (RI) in Australia. The following chart
recycling sectors have led to the establishment ofshows performance figures for the seven (7) year
various recycling centres throughout Australia. Theperiod ending December 2009*. The main points are
number of recycling facilities that recycle plastic,summarised below:
metal, and organic waste has substantially increased• Australian RI share funds enjoyed a stronger
after the establishment of a national voluntaryreturn than the mainstream average.
recycling plan by the Australian and New Zealand• International RI share funds also outperformed
Environment and Conservation Council.the mainstream average.
5. Green materials• Balanced Growth RI fund performed slightly
The use of green materials for everyday necessitiesbelow the mainstream average.
is becoming more prevalent. Papyrus (PPY), forFUND TYPE AUSTRALIAN SHARE FUNDS
example is using waste banana trees to make paperINTERNATIONAL SHARE FUNDS BALANCED
and fire proof doors.GROWTH FUNDS
6. Alternative Medicines and HealthAverage RI Fund 12.64% 8.06% 5.09%
Investors that are interested in health and wellbeingAverage Mainstream fund 11.52% 1.43% 5.16%
are supporting companies which focus on*Responsible Investment 2009 prepared by
preventative health measures like vitamins and diet.Corporate Monitor for the Responsible Investment
Blackmores (BKL) is an Australian company whichAssociation Australasia. This report uses Morningstar,
provides products like vitamins, as well as informationFund Manager data and is available at
on diet, stress management and other health topics.Karen McLeod is an Authorised Representative (No.
Other cutting edge medical companies include Tissue242000) of Ethical Investment Advisers (AFSL
Therapies (TIS) which has developed a way to276544). We provide investment advice for
enhance wound healing and tissue regeneration.ethically-minded and socially-conscious investors that
7. Carbon Offsettingare seeking competitive returns. Ethical Investment
Many top Australian companies are also helping toAdvisers (AFSL 276544) has been certified by RIAA
reduce pollution by participating in the Carbonaccording to the strict disclosure practices required
Disclosure Project. The project records thoseunder the Responsible Investment Certification
companies that wish to measure and disclose theirProgram. See for details.
greenhouse gas emissions and climate changeThe contents of this article are intended as general
strategies. As shareholders and the community areadvice only. No specific person’s
becoming more aware of carbon emissions, this sortcircumstances, financial situation or objectives have
of project helps to keep companies accountable. Itbeen taken into consideration. You should not act on
also helps identify the lowest emitters or those thatthe information provided without seeking personal
are actively reducing their carbon footprint.advice from an appropriately qualified financial planner.
Those businesses that want to offset theirInformation included from third parties has been
greenhouse gas emissions need to use companiesreproduced with their permission. While the source
that have large forestry plantations, like CO2 Grouphas been verified as reliable, the actual content has
(COZ). Investors that are interested in the growingnot been checked for accuracy. Consequently Ethical
future of carbon offsetting and carbon emissionInvestment Advisers does not warrant the accuracy
reduction are investing in such companies.of the information nor accept liability for any errors in
8. Fuel Cell and Biofuelthe data.