Two new potential stock investments for EIG

EIG partners recently approved two new US stocks for potential investment: Hannon Armstrong Sustainable Infrastructure Capital, a provider of financing for sustainable energy and infrastructure projects, and Xylem, a provider of technology and equipment for water and wastewater applications.

GIÉ/EIG – Divestment from tar-sands pipelines / Désinvestissement des oléoducs et des sables bitumineux

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En tant que membre de la Caisse d'économie solidaire, le GIÉ a demandé qu'une proposition de désinvestissement dans les oléoducs et les sables bitumineux soit présentée lors de l’AGA annuelle du Mouvement Desjardins, en mars 2018. La proposition veut que le Mouvement Desjardins :

• réduise progressivement son financement et ses investissements dans les oléoducs de sables bitumineux; et
• se retire tout soutien du projet d'oléoduc Trans Mountain.

GIÉ fête ses 20 ans! / EIG turns 20!

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Joignez-nous pour marquer le coup à l'occasion de l'Assemblée générale annuelle avec festivités pour le 20e anniversaire. L'événement se déroulera à un lieu spécial dans le beau Parc La Fontaine.

An Inspiring Visit to One of Our Community Investments

It was supposed to rain all day, but the sun (literally and figuratively) came out as EIG members gathered in the roughly-plowed parking lot of Bâtiment 7 on Saturday, April 28, 2018 for a social event/tour of our group’s most recent community investment. 

Fair Trade Coffee: the tortuous trajectory of an EIG stock investment

How Green Mountain Coffee Roasters went from EIG darling and super-performer to that pariah of environmentalists – producer of non-recyclable, non-compostable single-cup coffee pods (dramatized in the spoof sci-fi horror video Kill the K-Cup).  And how the story has taken a positive turn once again, albeit with public investment now precluded…

A good year for GIÉ/EIG

EIG’s AGM was held on June 12th and reports presented indicated a successful year once again: good performance from the equities portfolio; continuing shareholder engagement; some interesting new community investments; an increase in membership; and – last but not least – creation of the EIG blog.

EIG Investments - Never a Dull Moment!

On the one hand, EIG members recently approved a proposal for a community investment in CoPower green bonds, which support small-scale clean energy and energy efficient projects – a move made even sweeter by noting that Canada is ahead of the US in making available this kind of platform to individual investors.

On the other hand, a game-changing announcement that Amazon is buying out long-time EIG holding Whole Foods.  In fact, EIG sold all its shares in Whole Foods last November, when it appeared to be struggling with competition from mainstream grocery stores offering more and more fresh, organic produce, albeit at US$31 /share, compared with the US$42 / share that Amazon is offering.  Oh well, you win some you lose some!