Hi Helixers, I wanted to answer some of the questions that I have received since this morning. While I responded to messages, Whatsapp and emails, I thought I'll add a comment here.
1) Why US markets, and not UK or Indian markets? I invest in the UK as well as Indian stocks too. This effort is oriented towards creating impact in the transition finance area, so I chose to set up a separate portfolio. To create an impact, you must be in the biggest market, and that's the US.
2) Some of you recommended several proxy advisory firms. I have collaborated with ShareAction since 2020, and I find their work to be free and fair. I also collaborate with a number of organisations, such as Sierra Club, the world's first climate advocacy community.
3) Why a monthly subscription to follow my portfolio? I have a few super collaborative folks who support me with my research, and they help me track the news, legal cases, earnings calls, shareholder motions/ proposals etc. I currently do not compensate them in financial terms, but some of them have worked with me (on the Helix research work) since 2018 when I started this work. I have tried to get some of these friendly folks into my business, Helix.Earth but since that is a commercial venture it is not always possible to accommodate everyone. I'd like to provide some financial reward to the folks who have been helping me, from the background. The paid subscription for the newsletter, as well as this portfolio subscription is for that.
4) Why companies like Exxon? Like it or not, these are the companies that drive policy in the largest economies. As we discussed in our podcast, we hold powers as shareholders, which we generally do not use. But we can.
Hi Helixers, I wanted to answer some of the questions that I have received since this morning. While I responded to messages, Whatsapp and emails, I thought I'll add a comment here.
1) Why US markets, and not UK or Indian markets? I invest in the UK as well as Indian stocks too. This effort is oriented towards creating impact in the transition finance area, so I chose to set up a separate portfolio. To create an impact, you must be in the biggest market, and that's the US.
2) Some of you recommended several proxy advisory firms. I have collaborated with ShareAction since 2020, and I find their work to be free and fair. I also collaborate with a number of organisations, such as Sierra Club, the world's first climate advocacy community.
3) Why a monthly subscription to follow my portfolio? I have a few super collaborative folks who support me with my research, and they help me track the news, legal cases, earnings calls, shareholder motions/ proposals etc. I currently do not compensate them in financial terms, but some of them have worked with me (on the Helix research work) since 2018 when I started this work. I have tried to get some of these friendly folks into my business, Helix.Earth but since that is a commercial venture it is not always possible to accommodate everyone. I'd like to provide some financial reward to the folks who have been helping me, from the background. The paid subscription for the newsletter, as well as this portfolio subscription is for that.
4) Why companies like Exxon? Like it or not, these are the companies that drive policy in the largest economies. As we discussed in our podcast, we hold powers as shareholders, which we generally do not use. But we can.
Wanted to add that I generally don't use the term greenwashing. I just call it as fraud.