Advisers are now able to donate their clients’ money to climate charities at the click of a button thanks to a new platform partnership.
Fundment has partnered with the Global Returns Project which promotes philanthropy as a form of sustainable investing.
Currently it splits donations between seven “high impact” charities including environmental law firm Client Earth and Solar Sister which provides clean energy in the global south.
The organisation works with a team of environmental scientists to choose the charities and re-assesses the selections every six-months, replacing them if it identifies charities performing even more strongly.
Fundment has integrated a new tool into its platform which allows advisers to move clients’ money directly to the Global Returns Project, which distributes the cash evenly to the charities.
Jack Chellman, chief project officer at the registered charity, said it takes a “fund management approach to philanthropy”.
