Alternative Investments/ESG: The New Carbon Collective Climate Solutions US Equity ETF

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Carbon Collective Investing is a climate change-focused online investment advisor.

The Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ: CCSO) from Carbon Collective Investing invests in about 200 companies in sectors such as clean energy, electrified transportation, efficient buildings, circular economy, sustainable food, and industrial electrification. The companies maybe of any market capitalisation but must be dedicated to solving climate change.(Businesswire)

Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ: CCSO)

To be eligible for investing, the companies must earn at least 50% of revenue from climate solutions. Carbon Collective identifies investment targets by combing through various sources such as public filings, Internet searches, cross-reference of applicable indices, and publicly available market research. Other sources include sector news or blogs and independent sources such as Project Drawdown and the IEA.

It may be noted that Carbon Collective augments its investment strategy with shareholder advocacy to push for corporate climate action. The firm is backed by reputable VC firms including Precursor Ventures and My Climate Journey.

Fundspeak

Climate change poses a serious threat to society and more investment is needed in companies that are taking steps to reverse the decades-long damage caused by climate change, according to a statement by Carbon Collective.

“Companies that are directly involved in climate change solutions have become an important area of the marketplace and investors need a pure-play and low cost way to invest in this space,” said Zach Stein, co-founder and chief investment officer, Carbon Collective.

“There are hundreds of companies, both well-known and under-the-radar, that are dedicated to fixing climate change,” said James Regulinski, co-founder, Carbon Collective. “Our fund aims to give investors exposure to these companies in one place. Climate change solutions is an asset class and we’re excited to help investors gain exposure to this important and rewarding space.”

Related Story: Nuveen Launches ETF Focused On A Net-Zero Carbon Emissions Global Economy

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