Carbon Collective Launches Sustainable Investing Financial Literacy Initiative
Carbon Collective’s Learn to Earn initiative democratizes access to investing by providing a $100 bonus for new brokerage, IRA or Roth IRA accounts.
Carbon Collective, a climate change-focused online investment advisor, announced the launch of its sustainable investing financial literacy initiative, Learn to Earn.
Upon reading Carbon Collective’s free six-chapter e-book, The Ultimate Guide to Sustainable Investingand passing an online quiz that tests reader’s knowledge about the book’s subjects, Carbon Collective will deposit a $100 bonus into new investment accounts that are opened on the platform, including brokerage, Roth IRA, or traditional IRA options.
Learn to Earn’s mission is to democratize access to investing and raise awareness about the intersection of money and climate change.
“Climate change is the most pressing issue of our time. We need to dramatically increase our investments in climate solutions, but access to sustainable investing is often limited,” said Zach Stein, co-founder and chief investment officer, Carbon Collective. “Our goal is to educate investors about the importance of sustainable investing and encourage immediate action, by providing a financial incentive to get started.”
To score the $100 bonus, readers must answer 15 of the quiz’s 20 questions correctly. The incentive doesn’t apply to existing account holders. It applies only to U.S. citizens or residents.
See related article: Carbon Collective Launches Climate-focused Employer 401(k)
The Ultimate Guide to Sustainable Investing describes how investing in companies that are solving climate change are poised to provide superior long-term investment returns. Shareholders have the power to change corporations, which play a significant role in the climate change solution. The book empowers readers to use investing as a vehicle to build long-term wealth and as a way to personally help solve climate change.
“We aren’t waiting for schools and universities to teach personal finance in class,” said Brooke Tomasetti, director of financial education and community, Carbon Collective. “More education is needed on the basics of investing and the importance of sustainable investing. This powerful combination – finance and sustainability – is key to solving climate change.”
Carbon Collective offers sustainable investment portfolios for individuals and businesses. The portfolios are low fee, highly diversified and are fully divested from companies exposed to fossil fuels. Due to a lack of investment options in climate solutions, Carbon Collective developed a proprietary list of 169 companies that are building solutions for climate change.
