Top Apps for Tracking Your Sustainable Investments

By Dewi

May 05, 2025

In Finance

0

Are you passionate about making a positive impact with your investments? Do you want to ensure your money is supporting companies and projects that align with your values? Tracking sustainable investments can seem complex, but with the right tools, it's easier than ever. In this article, we'll explore the best apps for tracking sustainable investments, helping you monitor your portfolio's environmental, social, and governance (ESG) performance and make informed decisions.

Why Track Sustainable Investments?

Before diving into the apps themselves, let's understand why tracking sustainable investments is crucial. Investing sustainably isn't just about feeling good; it's also about potentially enhancing returns and mitigating risks. Companies with strong ESG practices often demonstrate better long-term performance, are more resilient to market volatility, and are better positioned to navigate changing regulations. Tracking your sustainable investments allows you to:

• Measure Impact: See the tangible effects of your investments on the environment and society.
• Ensure Alignment: Verify that your investments truly reflect your values.
• Improve Performance: Identify opportunities to optimize your portfolio's ESG performance.
• Stay Informed: Keep up-to-date with the latest news and trends in sustainable investing.

Understanding ESG Investing: A Brief Overview

ESG investing considers three key factors when evaluating a company: Environmental, Social, and Governance. Understanding these factors is essential for choosing the right apps and interpreting the data they provide.

• Environmental: This looks at a company's impact on the environment, including its carbon footprint, resource use, and pollution levels.
• Social: This assesses a company's relationship with its employees, customers, and the community, including labor practices, diversity and inclusion, and human rights.
• Governance: This examines a company's leadership, ethics, and corporate governance practices, including board structure, executive compensation, and transparency.

Key Features to Look for in Sustainable Investment Apps

When choosing an app for tracking sustainable investments, consider the following features:

• ESG Data: Access to comprehensive ESG ratings and data from reputable sources.
• Portfolio Analysis: The ability to analyze your existing portfolio's ESG performance.
• Impact Reporting: Clear and concise reports on the social and environmental impact of your investments.
• Screening Tools: Tools to screen investments based on specific ESG criteria.
• Research and News: Access to relevant research, news, and insights on sustainable investing.
• User-Friendliness: An intuitive and easy-to-navigate interface.
• Security: Robust security measures to protect your financial data.

Top Apps for Tracking Sustainable Investments

Now, let's explore some of the best apps available for tracking sustainable investments:

1. Blossom Finance

Blossom Finance is a popular app focused on Halal and ESG investing. It offers a diversified portfolio of investments that align with Islamic finance principles and ethical standards. It also has an ESG option now that invests in a diversified portfolio of ETFs screened for environmental, social and governance factors. Users can easily track the performance of their investments and the positive impact they are making.

• Key Features: ESG & Halal-compliant portfolios, impact reporting, automated investing.
• Pros: Accessible for beginners, diversified portfolio, strong focus on ethical investing.
• Cons: Limited investment options compared to traditional brokerage accounts. Fees can be considered higher than DIY investing.

2. Earthfolio

Earthfolio is designed for investors who want to align their portfolios with their environmental and social values. This platform offers a range of sustainable investment options and provides tools to track the ESG performance of your holdings. Earthfolio is a solid choice for investors who want to actively manage a sustainable portfolio.

• Key Features: ESG ratings, portfolio analysis, impact reporting, custom screening tools.
• Pros: Comprehensive ESG data, customizable screening, strong focus on environmental impact.
• Cons: May require more active management compared to robo-advisors.

3. OpenInvest

OpenInvest allows you to create custom investment portfolios based on your specific values. You can screen companies based on various ESG criteria, such as climate change, gender equality, and animal welfare. The platform offers transparency and control over your investments, ensuring they align with your beliefs. OpenInvest is tailored for users looking for extensive customization in ESG investing.

• Key Features: Custom portfolio creation, values-based screening, impact reporting, proxy voting.
• Pros: Highly customizable, transparent investment process, allows for direct engagement with companies.
• Cons: Requires more research and active management compared to other options.

4. Swell Investing (Acquired by Betterment)

While Swell Investing is no longer available as a standalone app (it was acquired by Betterment), Betterment now offers sustainable investing options. Betterment allows you to invest in socially responsible ETFs and track the ESG performance of your portfolio. The platform provides a convenient and automated way to invest sustainably. Betterment offers a balance of automated investing and sustainable options.

• Key Features: Socially responsible ETFs, automated investing, goal-based planning.
• Pros: Easy to use, low fees, diversified portfolio options.
• Cons: Less customizable compared to platforms like OpenInvest. Reliance on Betterment's ETF options.

5. Tickr

Tickr focuses on impact investing, allowing you to invest in companies that are addressing global challenges, such as climate change and social inequality. The app provides detailed information on the impact of your investments and allows you to track your portfolio's performance. Tickr is for individuals looking for a clear connection between their investments and global solutions.

• Key Features: Impact investing, themed portfolios, sustainability data, educational resources.
• Pros: Focus on positive impact, transparent investment process, user-friendly interface.
• Cons: Fewer investment options compared to traditional brokerage accounts.

Getting Started with Sustainable Investing Apps

Ready to start tracking your sustainable investments? Here’s a step-by-step guide to get you started:

1. Research and Compare: Explore different apps and platforms to find the one that best suits your needs and values.
2. Open an Account: Sign up for an account and complete the necessary paperwork.
3. Fund Your Account: Transfer funds into your account to start investing.
4. Choose Your Investments: Select investments that align with your ESG criteria and financial goals.
5. Track Your Performance: Monitor the performance of your portfolio and make adjustments as needed.
6. Stay Informed: Keep up-to-date with the latest news and trends in sustainable investing.

Tips for Maximizing Your Impact with Sustainable Investments

• Define Your Values: Clearly identify the ESG issues that are most important to you.
• Do Your Research: Thoroughly research companies and funds before investing.
• Diversify Your Portfolio: Spread your investments across different sectors and asset classes.
• Engage with Companies: Use your shareholder rights to advocate for positive change.
• Stay Patient: Sustainable investing is a long-term strategy, so be patient and persistent.

The Future of Sustainable Investing

Sustainable investing is rapidly growing as more investors recognize the importance of aligning their financial goals with their values. As technology advances, we can expect to see even more sophisticated apps and tools for tracking sustainable investments. The future of finance is undoubtedly sustainable, and these apps are paving the way for a more responsible and impactful investment landscape.

Conclusion: Empowering Your Investment Decisions

Tracking sustainable investments is essential for anyone who wants to make a positive impact with their money. By using the best apps for tracking sustainable investments, you can monitor your portfolio's ESG performance, ensure alignment with your values, and contribute to a more sustainable future. So, take the first step today and start aligning your investments with your principles.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Consult with a qualified financial advisor before making any investment decisions.