The first SIP workshop is out!!

 

Last week, as the first part of our summer retreat with our new and enthusiastic board, Alice and Jueji, members of the Sustainable Investing Project, led us through the very first workshop of the initiative. Alice, our finance coordinator and current leader of the project, explained that the goal of the workshop is to start guiding organizations through the process of choosing what to invest in, within the large realm of sustainable investments (here’s a resource developed by previous team members if you would like to know more yourself!)

 

During a couple of hour, we discussed what we valued as an organization so that the SIP team got a clearer idea of where to start their research to build our portfolio (a collection of hand-picked investments, in the form of chosen companies we think our organization should support).

Alice and Jueji first explained very clearly what sustainable investing was all about, why it mattered, and how we would create a portfolio as an organization. We then went through what we considered important sustainability issues, and then proceeded to prioritizing them (which was very challenging for us!). Finally, we established a list of criterias companies we would invest in should conform to, that align with the priorities we chose.

 

The workshop sparked amazing discussions, and got the team very excited and committed to the research. The session aimed to give us more vocabulary and ease with investment concepts. It also enabled us to start conversations in and out of the organization, while giving our researchers a clearer scope to build our portfolio.

Hopefully the SIP team got enough feedback from us and is now ready to look into our options! SC will lead it by example, and Alice is hoping other organizations will collaborate and join the research, enabling the community to slowly create a significant fund.

 

SIP is starting to get a lot of attention, we are glad there is strong interest in that project in the community, and some momentum around sustainable investing practices in Montreal!

More and more non-finance people are starting to get their hands on investing, just like Alice did – with an accounting background, she explained she is continuously learning through SIP and getting familiar with those concepts, as she wants herself to eventually be able to know what to invest in.  

 

‘If you have money, you have power. Investment touches everyone,’ she finally pointed out. So get in there, reach out, and make your money count!  Join the movement and get involved now!

 

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