Planning 2025

After a year of tumult in which I moved house to another country, this year I hope to be more settled, maybe even get a cat. This means I want to review and consolidate my investments. The checklist below will be expanded upon over the course of the year ahead. Feel free to drop a comment if you feel so inclined, since I do wonder who else out there is even considering ethical investment. The checklist currently includes:

Share review – Brighton Energy Coop

Brighton Energy Co-operative offers the opportunity to invest in the construction of community solar projects through nontransferable shares with an investment return of 5%. This was one of my easiest investment choices since it ticked all my boxes. It was:

Local (i lived in Brighton at the time)

Renewable energy

Constructing solar arrays

Community pr

A good rate of return

I’m quite happy with this investment, things were a bit Brighton-style chaotic at the beginning but nowadays there is a company managing the investments and it is chugging along just great.

Website

To invest 2023

So if Orsted is still a nono, where shall I put my money?

1 Obviously the IFISA is a good shout for 20k. Where shall I go this year? Options include:

A Energise Africa – the investments I saw the other day have of course gone but I think this group has lost its way a bit so I’m not fussed. What I mean is on my criteria helping shack dwellers use solar for lighting might well reduce fires, but (for example) helping a company run a solar powered JCB isn’t very interesting.

B Triodos – I just like Triodos more and more I have to say. But their crowdfunding ifisa wing doesn’t have a huge amount of interesting offers. And funding “Sarah Raven’s Kitchen and Garden Limited” didn’t really appeal. However, it does now have an EIS option which looks good.

C Ethex offers: Mustard Seed, Kent Community Energy, Yealm Community Energy, Shropshire and Telford Community Energy, Wight Community Energy, Bristol Energy Coop, LATCH – wow much choice, so please .. checking whether these are IFISA compatible

D Abundance have Lewisham council climate action investment and electic bikes, neither of which excite me if I’m honest. Funding electric bikes at 9% seems to good to be true.

2 I decided to put some money into Coventry building society – these rates of interest are enticing but I still want to feel ethical

3 Back to considering venture capital like Bethnal Green Ventures and Snowball. I don’t think i can do the latter since the person I spoke to (a public school toff who is failing upwards) knew less than me about their investments, and BGV fails to get me excited. Erthical venture capital perhaps remains too much of a contradication.

4 Does this then lead me to monzo pots? I need to check on their ethicality, even if I do like the idea of modding their appearance. UPDATE – they ain’t ethical.

5 How about a LISA!? A lifetime ISA … nope I’m too old lol

6 Energy4All have the North Lincolnshire Community Energy (NLCE) share offer

7 Shares….

8 Triodos EIS mentioned above

This concludes the 2023 roundup, any tips welcome!

Why is Ørsted still tanking?

Ørsted for the uninitiated is the “world’s biggest offshore wind farm developer“, with a “30% market share.” It is based in Denmark and committed to green energy in 2009. Superficially a good investment then, but it’s shares have been tumbling since I last looked in 2020. So what is happening?

Well, Ørsted had a bumper year by all accounts in 2020 then hit falling profits in 2021. Therefore it was a tip to invest, but I wasn’t convinced and now shares are STILL falling. My hypothetical investment of 14k is now at 6k.

So buy the dip now? I’m still not convinced even though it could be a great investment.

January 2023: Ørsted takes biggest market valuation hit since 2020

July 2023: Should Weakness in Ørsted A/S’ (CPH:ORSTED) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Share Review – Good Energy

When i head that it was possible to invest in Good Energy i jumped at the chance. I was using them as my utility supplier for gas and electricity since their early days and I was happy to support them in their quest to be 100% green.

Buying the shares was a bit odd, they are listed on a special exchange and I needed to use a broker to buy

The Best Impact Investing Platforms for European Investors

Wow this is a really great post by Fernando over at YourGreenWealth . The Best Impact Investing Platforms for European Investors investigates ethical investment platforms available to European investors. now i’m very familiar with abundance and energise africa, but I’d never heard of Trine for example so this was worth a read.

If I had come across a post like this two or three years ago it would have been superhelpful, it’s great that truly ethical investment is FINALLY becoming a bit easier. What’s also nice if you go through the YourGreenWealth site you can get some discounts!

The BIG exchange

From reading a comment at the always interesting DIY investor UK blo I heard about the big exchange, an investment project inspired by the Big Issue. Sounds interesting but as ever the devil’s in the details.

The project suggests curated bundles of investments in an ISA, JISA or GIA (General Investment Account – what to use when you’ve used up your ISA allowance apparently) but you can also pick your own investments. Without logging in you can check the available funds here.

I gotta say on first glance I am wondering how they gold-rated the FP WHEB Sustainability Fund, so this requires some more investigations.

The enemy

Suddenly as I browse through all this nonsense I wondered what the enemy is doing. How do you invest in arms companies?

It’s simple, it’s called “defense”.

Boeing (BA) is known for its commercial jets, but its defense and space programs accounted for $6.59 billion in the second quarter.

Northrop Grumman’s (NOC) revenue was $8.9 billion in Q2 and $33.8 billion in 2019. Its market cap is $54 billion.

Lockheed Martin (LMT) is the biggest defense contractor and is now the largest U.S. aerospace company by valuation. Lockheed’s revenue was $16.22 billion in Q2 and $59.8 billion in 2019.

Raytheon and United Technologies completed their $100 billion all-stock merger in early April to become Raytheon Technologies (RTX).

General Dynamics’ (GD) revenue was $9.3 billion in Q2 and $39.3 billion in 2019. Its market cap is nearly $43 billion.

Thanks so much Investors.com!