As a financial planner interested in ESG investing, Diane Bourdo, CFP®, Private Wealth Advisor at Treehouse Wealth Advisors, shares advice for investors doing research around ESG investments that benefit the LGBTQ+ community. “People need to start by figuring out what’s really important to them,” she explains, “It’s not just what you want to screen out, but also what you want to screen in.”
Haven Life offers blogs to their clients and wider audience, covering topics like life insurance, disability insurance, wellness, and money in general. This article on LGBTQ+ friendly investing addresses money in the context of the LGBTQ+ community, and how we can all be of support through ESG investing. The article covers:
- ESG investing
- How to get started with socially conscious investing
- How to find investment funds that support the LGBTQ+ community
- Other ways to support the LGBTQ+ community financially
ESG investing stands for “environmental, social and governance investing”. Haven Life describes it as one of the most common sustainable investment categories, which leads inventors to focus their investments on companies that may be ranked positively in terms of environmental and social impact.
Additionally, Diane Bourdo suggests getting clear on values for investors to decide which companies they want to support, “If I want to invest in a company,” says Bourdo, “I want to know that it’s thinking about its footprint and its place in the climate discussion.” Like Bourdo’s example of climate-centered values, investors might be interested in a variety of areas of impact, including racial justice, gender equality, and LGBTQ+ rights.
Treehouse Wealth Advisors is a fee-only wealth management firm based in the San Francisco Bay Area, serving innovators, legacy builders, and impact makers. The firm provides personalized financial planning, investment management, and wealth advisory services, helping clients navigate significant life changes while working toward fulfilling and meaningful lives.
