Here are 6 good things that your money is doing in 2014.
1. Reducing energy consumption with LED lighting
LED lights are able to reduce energy consumption by 75% and last 25 times longer than incandescent lighting.
2. Helping countries impacted by climate change
We are one of 15 initial investors in the recently launched $300 million World Bank Green Bond. The Green Bond is intended to help countries that will be hit hardest by the impacts of climate change.
3. Recycling metals and electronics
Sims Metal Management is the world’s largest listed metals and electronics recycler. For every 1 million phones recycled, Sims Recycling Solutions is able to recover 75lb or $1.5m worth of gold!
4. Investing in the world’s biggest green financier
KfW is a development bank owned by the German government. Over 40% of their lending is specifically identified as supporting climate and environment projects, making it the world’s biggest green financier.
5. Developing treatments for Alzheimers
Prana Biotechnology is an Australian company, currently focusing on developing treatments to assist sufferers of neurodegenerative diseases such as Alzheimer’s disease and Huntington’s disease.
6. Facilitating employment in the building industry
Hipages.com.au is Australia’s most visited building and renovation website with over 40,000 tradespeople in its network. A job is posted on hipages.com.au every 64 seconds and hipages.com.au facilitates 40,000 jobs every month.