MAJOR INVESTMENT FUND U-TURNS

BLACKROCK U-TURN ON FOSSIL FUEL INVESTMENTS

Your pension and ISA are almost guaranteed to be invested in fossil fuels. Yesterday Blackrock, the $10 trillion investment company confirmed that they are dialling back on their COP 26 stance, and now making the short term gains in energy as a result in the current energy crisis and the war in Ukraine. 

Blackrock are naming this a change to ‘energy security’ not a transition to green energy. BP have also done a huge push across all social media platforms about their own strategy to ‘transition to energy security.'

They can't pull the wool over our eyes though, it is clear what this means. Energy companies aren't just turning away from solving climate problems, they are actively choosing to contribute to more and more destruction of the planet. 

Whilst the short term gains to be made from these decisions could sway some investors, we ask you, do you really think this is sustainable? The future is not in Fossil Fuels, but companies working to innovate in the green energy industry. It should be common sense that is where we invest our money if we want to be a part of the future of the planet. 

In an article by the Telegraph, they highlight that "two years ago Larry Fink, head of the world’s biggest money manager, said “climate risk is investment risk” and told companies and governments to prepare for huge flows of capital towards climate-friendly investments." This new U-turn completely goes against that, as it seems that "current returns on oil and gas are simply too tempting to ignore."

The need for a complete shift in the way the investment industry operates has never been more clear. Traditional providers still control vast amounts of assets that are propping up dirty industries like fossil fuels. As investors, it's time to intervene and take control of where your money is invested. CIRCA5000 funds do not force you to compromise on the future of the planet to invest for your own future.

We are here to help you invest in a better future, forever. No u-turns guaranteed.

Capital at risk.