In addition to superannuation funds  and ASX listed cleantech companies, managed funds with a sustainability filter exist within the ethical and socially responsible investment (SRI) space. Ethical funds use a mixture of positive and negative screens.

Negative screens are used to prevent investment in companies from those industries. Historically they included:

• Tobacco
• Weapons manufacture
• Gambling
• Pornography

A growing number of the ethical fund managers are now offering products which include a negative screens for:

• Fossil fuels
• Mining
• Environmental destruction

Positive screens are used either in place of or addition to the negative screens for more focused funds, they can include:

• Renewable energy (solar, wind, hydo, wave)
• Products that improve the environment
• Agriculture conducted in a sustainable and humane way
• Education

The Responsible Investment Association Australia is the peak industry body representing responsible and ethical investment managers in Australia. They actively maintain a list of available investment options including managed funds.

Managed Funds with sustainability options

Australian Ethical

Hunter Hall Ethical Managed Funds All funds are covered by a negative screen which excludes fossil fuels. Global Deep Green Trust includes a positive filter for sustainability and renewable energy related investments.

AMP Capital Funds: Sustainable Share Fund