DivFolio : A Shiny Application for Portfolio Divestment in Green Finance Wealth Management

This paper introduces DivFolio, a multi-period portfolio selection and analytic software application that incorporates automated and user-determined divestment practices accommodating Environmental Social Governance (ESG) and portfolio carbon footprint considerations. This freely available portfolio analytics software tool is written in R with a GUI interface developed as an R Shiny application for ease of user experience. Users can utilise this software to dynamically assess the performance of asset selections from global equity, exchange-traded funds (ETFs), exchange-traded notes (ETNs), and Depositary Receipts (DR) markets over multiple time periods. This assessment is based on the impact of ESG investment and fossil-fuel divestment practices on portfolio behaviour in terms of risk, return, stability, diversification and climate mitigation credentials of associated investment decisions