Introducing: Fossil Free Funds

From As You Sow

Fossil free investing made easy

Fossil fuel investments carry real financial risks. Over the past years, a growing divestment movement of institutional and individual investors representing trillions in assets under management have responded to this climate risk by divesting all or some of their fossil fuel investments.

Fossil Free Funds analyzes the fossil fuel exposure and carbon footprint of thousands of U.S. mutual funds and ETFs. We make it easy to know what you own, so you can align your investments with your values.

Learn more

How to invest fossil free

Search for mutual funds and exchange-traded funds (ETFs) by name, ticker, or asset manager. Our database covers 3,000 stock funds available in the U.S.

See your results. We track fund exposure to fossil fuel companies, fossil finance and insurance, and clean energy leaders.

Look for greener options. Sort and compare to find funds that fit your needs.

Talk to your financial advisor or retirement plan manager about fossil free investing.

Your retirement plan may be fueling the climate crisis. But it doesn't have to.

Select a company retirement plan

InvestYourValues.org

Index funds

Passively managed investment funds that track market indexes have seen significant fund inflows over the past decade. These indexes, from firms like from S&P Global Ratings, Russell/FTSE, and MSCI, are increasingly setting our economy on autopilot and pumping capital into unsustainable business models. Below are the fossil fuel grades for 10 common index funds.

Index	Rated as	Fossil fuel grade
S&P 500	IVV	D
Russell 1000	IWB	D
Russell 2000	IWM	D
Russell 3000	IWV	D
S&P 100	OEF	D
Russell Top 200	IWL	D
MSCI ACWI	ACWI	D
MSCI EAFE	EFA	F
MSCI Emerging Markets	EEM	F
MSCI ACWI ex U.S.	ACWX	F

More funds

If you care about climate change, your money can help shrink your carbon footprint... Now there is a tool, the website Fossil Free Funds, that helps pinpoint funds and E.T.F.s focused on companies with smaller carbon footprints.
Funds That Can Put Your Investments on a Low-Carbon Diet

Read more about us in:

The Guardian - The carbon bubble: why investors can no longer ignore climate risks

Bloomberg BNA - GE, Microsoft Urged to Offer Fossil-Fuel-Free 401(k)s

FastCompany - How To Convince Your Employer To Divest Your 401(k) From Fossil Fuels

ThinkProgress - There’s Now A Way To Find Out How Much Of Your Retirement Is Invested In Fossil Fuels

Fund managers have trillions of dollars invested in the stocks of fossil fuel companies

Major asset managers handle the retirement savings of millions of Americans. Their mission is to help people save for the future - but they're directing trillions of dollars of capital to the carbon polluters maintaining and expanding the fossil fuel infrastructure that threatens our future.

Are your savings invested with one of these financial giants? Find out just how much they have invested in the top owners of carbon reserves, the largest coal-fired utilities, and other fossil fuel companies. Then, share to spread the word: business as usual is killing the climate.

103 equity funds analyzed

8% fossil fuel exposure

$566 BILLION in fossil fuel stocks

298 equity funds analyzed

8% fossil fuel exposure

$187 BILLION in fossil fuel stocks

313 equity funds analyzed

9% fossil fuel exposure

$217 BILLION in fossil fuel stocks

35 equity funds analyzed

8% fossil fuel exposure

$164 BILLION in fossil fuel stocks

105 equity funds analyzed

12% fossil fuel exposure

$144 BILLION in fossil fuel stocks

199 equity funds analyzed

7% fossil fuel exposure

$49 BILLION in fossil fuel stocks

76 equity funds analyzed

7% fossil fuel exposure

$44 BILLION in fossil fuel stocks

43 equity funds analyzed

9% fossil fuel exposure

$48 BILLION in fossil fuel stocks

75 equity funds analyzed

10% fossil fuel exposure

$50 BILLION in fossil fuel stocks

3 equity funds analyzed

8% fossil fuel exposure

$33 BILLION in fossil fuel stocks

64 equity funds analyzed

8% fossil fuel exposure

$33 BILLION in fossil fuel stocks

71 equity funds analyzed

9% fossil fuel exposure

$34 BILLION in fossil fuel stocks

Recent blog posts

How Google found a fossil free fund for their 401(k)

Nov 12, 2024

Many U.S. employees saving for retirement are invested in companies fueling the climate crisis, exposing their savings to climate-related financial risk. Employees are increasingly calling for climate-safe fund options to avoid these risks.

What to do if your bank is financing the climate crisis

Aug 27, 2024

Despite clear evidence and global consensus of the need to shift away from fossil fuels because of climate change, the fossil fuel industry continues to expand production and roll back environmental commitments. This expansion is facilitated by financing from the world’s largest banks.

The Earth has set heat records for 13 straight months - but Big Banks continue to finance fossil fuel expansion

Jul 25, 2024

If your 401(k), IRA, or mutual funds are invested in banks that finance fossil fuels, it could impact your financial returns. We've updated our Fossil Fuel Finance ratings to use the most recent data on bank financial commitments to fossil fuels.

Is Your 401(k) Invested in Bomb Makers?

Jun 18, 2024

When you think about your 401(k), you probably imagine your money working hard towards your secure and comfortable retirement. But 401(k)s have big holdings in companies that make bombs and missiles - including nuclear weapons, cluster bombs, and other arms prohibited by international treaties.

Tech employees’ $5 billion fossil fuel 401(k) price tag

Apr 30, 2024

Researchers at the University of Waterloo, in partnership with As You Sow, have released a new report finding that 2 million employees from 12 tech-sector companies could have earned an estimated $5.1 billion in additional returns had their companies moved to decarbonize their retirement plan holdings 10 years ago.

Our retirement savings own one fifth of U.S. fossil fuel stocks

Feb 1, 2024

Just how much does the fossil fuel industry depend on our 401(k) savings? It turns out: quite a lot. We estimated the total amount invested in U.S. fossil fuel companies by the retirement savings accounts of American workers. We then compared that to the total market cap of those companies and estimate that 19% comes from our 401(k)s and IRAs.

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
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