Good Money 7 Aug 2014 money

6 Things That Your Money Is Doing

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 & 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 is Australia’s most visited building and renovation website with over 40,000 tradespeople in its network. A job is posted on every 64 seconds and facilitates 40,000 jobs every month.

Read Next