In the wake of corporate scandals at Enron and elsewhere, stock market investors are becoming increasingly aware of the power of voting their "proxies." Anyone who owns a single share of stock in a publicly traded company can weigh in on a variety of resolutions on corporate governance and social and environmental issues. Proxy voting is an increasingly important tool to nudge companies toward cleaner and greener behavior.
If you have some money to invest, you may want to put it to work doing double duty, both promoting a healthier environment and incubating your nest egg. Some carefully selected stocks will yield immediate results for the environment; others require more patience.