My main problem was obviously the fact that I didn’t know what I was looking at. I had no idea what investments I should be making, what risks I should be taking, or what I should be watching my oil and gas emissions for. It’s not just about knowing what to do for your personal financial affairs – although these are very important considerations. It’s about being able to do something proactive to reduce your impact on the planet. Investing in green technology and solutions is a key way to do this.
This means that you need to understand how the process of investment works, and how you can be better positioned to make environmentally responsible investments. Unfortunately, I failed the first three university exams in this series for all the reasons I mention above. But I kept on going because I wanted to finish the series. And I didn’t really think about doing the exams for the fun of it. The thought of having an excuse for not answering them would make me feel useless.
So I decided to take my investing for environmental and social impact quiz for me. And I did. It wasn’t easy, but I did it. And now I know how important it is to make an investment for the environment.
My aim was to find out how much impact my individual green investments might be having on the planet. Because although everyone knows that individual investments don’t have a huge effect on climate change or the world’s ecosystems, it’s clear that they do have a big impact on individuals. After all, most of us will never live in remote areas where the climate is stable. And even if we do, most of us will want a high standard of living, and a lifestyle that’s sustainable as well. And if we want to have all of these things, it’s clear we’ll need a major injection of funding from governments and other organisations.
So I wanted to find out how much individual investment would be making a difference. And luckily, after doing a lot of research, and talking to many people who were interested in this topic, I found I didn’t need to take my investing for environmental and social impact quiz for me. Instead, it was obvious that I should be looking at green investment options, rather than just going after the largest investment opportunities. After all, there are some really big prizes there. But you only get one chance to make a difference, so why not go for the big ones?
You can see that I didn’t need the Environmental Impact Quotient (EQ) test, and that there were other ways of judging my green technology investments. There are also other forms of investment, other than simply green technology. For example, if I was going after a large oil fund, then I might consider what impact the oil I was investing in would have on the environment. Some experts say that EQs are often too high and that if a company is heavily weighted towards natural gas, then it might actually contribute to global warming.
So in conclusion, you don’t need to take my investing for environmental and social impact quiz for me. It’s not about whether or not you agree with me, it’s about what you will do next. If you aren’t interested in helping the world, but are interested in increasing your wealth, then I suppose taking that same test might not be such a big deal. But if you want to do something positive with your money and help the world, then I encourage you to take the environmental test that I gave and look into some green technology investment opportunities. Whether you choose to take the test or not, however, I am glad you did!