Australian Climate Advocacy Fund

James Thier will be talking about the Climate Advocacy Fund, 6pm, 28 October 2010 in Canberra. Unlike other ethical investment funds, this one aims to change the behaviour of the organisations it in invests in to make them greener. It is available as a superannuation investment from Australian Ethical Investment. I am one of the "nominees" for the scheme: the fund issues me with a bundle of shares from the fund so I can vote at shareholders meetings (I don't get the money from the shares, this is just a way to have a voice at the meetings). Considerable research and thought has gone into the way the fund works. James Thier, undertook international research into such funds as a Churchill scholar.

“... Launched in July 2010, the Climate Advocacy Fund is a groundbreaking way to influence corporate behaviour. The fund will pursue improved climate change performance from Australia’s largest companies, principally through resolutions at annual general meetings. Managed by Australian Ethical Investment, the Climate Advocacy Fund is the first fund of its kind in the world. To find out more please come along to our seminar. Canberra Pilgrim House Conference Centre 69 Northbourne Avenue (Gifford Room) Thursday 28 October 2010 - 6-7pm The seminars are free to attend. Light refreshments provided. Please bring along friends and family. The speaker will be James Thier, one of the founding directors of Australian Ethical. James is also a Churchill Fellow, having travelled to the US and Europe to study shareholder advocacy. James will also outline how Australian Ethical’s other funds seek out and support leading sustainable companies, and have been strong performers during recent share market volatility. RSVP to Sally Rowland by email to srowland@australianethical.com.au or by phoning 02 6201 1902. We look forward to seeing you there. www.climateadvocacyfund.com.au ..."