With the rising awareness of environmental protection and sustainable development, green investing has become a hot topic. Many apps have emerged to help investors make green investments. However, how can investors choose the best green investing app? Here are 5 key tips:
Check if the app provides various green investment products
A good green investing app should cover a wide range of green investment products, such as green bonds, green ETFs, green equity funds, green infrastructure funds, etc. The diversity of products allows investors to construct a well-diversified green investment portfolio.
Ensure the investment philosophy values ESG factors
The app should have a clear investment philosophy that incorporates environmental, social and governance (ESG) factors into the selection process of investment products. This ensures the investments made through the app create positive impact alongside financial returns.
Verify the green credentials of investment products
The app should have a rigorous process to verify the ‘green’ credentials claimed by product issuers before including them. Third party certifications like Green Bond Principles can act as useful benchmarks in this verification process.
Check if impact reporting is provided
The app should provide periodic impact reports to investors, quantifying the positive environmental and social outcomes achieved by their green investments. This brings transparency and helps motivate investors.
Ensure smooth user experience across devices
The app should offer a seamless user experience across mobile and desktop devices. Easy onboarding, intuitive interface and meaningful portfolio analytics help investors manage their green investments with convenience.
By evaluating green investing apps across these 5 aspects, investors can identify the most suitable platform for their sustainable investment needs and make a positive impact.