Pointon York now allows investors to hold carbon credits in its SIPP.
Working with Carbon Advice Group, which helps businesses reduce and offset their carbon footprints, Pointon York allows investors to buy carbon credits, which are each worth one tonne of carbon dioxide (CO2). Individuals can offset their own carbon footprint by buying carbon credits, which invest in renewable energy projects in developing nations. The development follows Pointon York's launch of four Sharia compliant SIPPs in June, aimed at Muslim clients and others looking for ethical investments. Natalie Oliver, head of marketing at Pointon York, said: "The demand for more ethica...
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