As You Sow
Your retirement plan may be fueling the climate crisis. But it doesn't have to.
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
Fossil Free Funds is a search platform that looks at the climate impact of popular mutual funds and shows you if your money is being invested in fossil fuel companies, or companies with high carbon footprints.
Investing in coal companies, oil/gas producers, and coal-fired utilities isn’t just a moral question. Fossil fuel investments carry real financial risks. When emissions are constrained, fossil fuel companies will have their carbon assets stranded. Over the past years, a growing divestment movement of institutional and individual investors representing more than $6tn in assets under management have responded to this risk by divesting all or some of their fossil fuel investments.
Fossil Free Funds empowers you to know exactly what you own, to see if your savings are invested in dirty energy sources, and to find investment options that support a cleaner, greener future.
Search for mutual funds and see if they’re invested in fossil fuel companies. If they are, you can use our database to find comparable options that meet your specific needs.
