Where to Spend Your Green Money
When it comes to your environmentalism, are you a trend-chasing hipster who's all about global warming? Or more of a classic tree hugger, who considers the impact of your lifestyle and consumer choices on the air, soil and water supply as well?
The question comes up because of two lists that recently ranked U.S. companies according to their environmental behavior. The lists got my attention because one applauds the positive -- consumer companies' best intentions for fighting global warming -- while the other draws attention to the negative -- the polluting that manufacturers are doing to their local air right now.
There's some overlap between the two. General Electric (GE), Procter & Gamble (PG), Sony (SNE) and Anheuser Busch (BUD) landed on both.
One has received heavy media attention and the other, not so much. Yet both could and should impact consumer behavior.
The first list came out this month from Climate Counts, a not-for-profit started by Gary Hirshberg, who founded the organic dairy company Stonyfield Farm. It looks at how well major consumer companies are tackling climate change.According to its Web site, Climate Counts rates companies on a 0-to-100 scale based on how well they've "Measured their climate footprint, reduced their impact on global warming, supported progressive climate legislation and publicly disclosed their climate actions." The group lauds companies for good intentions and effort as much as for their actual success reducing GHGs, and it asks consumers to encourage them further in this direction with their purchasing decisions.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV