Investing and Sustainability at Green School, Bali
This week, I spoke at Green School in Bali.
It’s a fabulous school, the likes of which I have never seen before. I’ve spoken at more than 70 international schools. This was the first one based on a sustainable model. Its buildings are made of bamboo.
They grow their own food, and 17 percent of their power comes from solar generation. In a few years, they plan to be completely off the power grid and giving their excess power to the community.
The students and teachers are mostly cut from a different cloth, compared to those I meet at other international schools.
Their learning is authentic, cross curricular, and they have plenty of sustainability projects that the students are undertaking.
I was happy to talk about happiness, as it related to money. Experiences trump material things. Perhaps more than any place I’ve spoken at before, I was preaching to a choir.
I was also happy to speak about socially conscious investing. It’s a topic I wrote about in my book, Millionaire Expat. But few expats, it seems, appear to be interested in it. It was great to find an audience for that today.
I created model portfolios of socially conscious funds for different nationalities in my book.
One thing that disappointed me was the lack of low-cost socially responsible funds available for Americans. But shortly after I submitted my manuscript, iShares USA introduced some socially responsible ETFs.
I’ll update Millionaire Expat to include model portfolios using these funds, for those who are interested in socially responsible funds.