Many 401(k) plan participants lack options on sustainability within the choices of mutual funds they are offered.
Requests for such need to be heard with more frequency especially as winners and losers from the business world become growingly determined through environmental, social and governance management.
More on this disconnect here: http://socialinvesting.about.com/od/srimutualfunds/fl/The-Problem-with-401k-Plans.htm
Canada is a wonderful country, with beautiful scenery from the Cascades to Cape Breton and Banff in between.
It is also home to environmental and social leadership, in combination with tar sands, one of the world's largest remaining reserves of fossil fuel.
Given this conundrum, what do Canadian investors think about?
We explore this in a recent piece here at About.com
The nature of ownership in the world's largest companies is quite systemic, cutting across mutual funds, pension funds, endowments and foundations, along with the growth in ownership by the wealthiest 1% of individuals and their families.
All too often, even those who are environmentally or socially conscious, either don't understand or make the connection to the companies they own in their 401(k) plans. It is often challenging to find out, even if one wants to.
That is about to change through an offering called Own.It, and this goes back to the roots of how I got into the field of sustainability.
Read more here on how these connections can be established, and why they are so important
A generation of socially responsible investing has not resulted in any real effect on looming climate change. Investing continues to move towards lower fees and passive strategies, while environmental indexes lag behind in effectiveness
One group aims to change that, as we discussed here:
What do you think?
Many exciting developments are afoot on applying social considerations to investing. Read more on the latest trends here:
Your thoughts are more than welcome.
What significant portfolio impacts should you expect from the increasing effects of climate disruption?
Our About.com piece previewed this possibility here:
Watch for much more as we get closer to the UN Secretary General's Climate Summit this September
The Carbon Tracker Initiative has had significant influence on the fossil fuel discourse through the concept of Stranded Assets.
Their new series of research focuses on financial implications for mainstream investors and analysts, starting with this piece, previewed at About.com here:
It might seem ironic, but the Middle East, certainly with a long history of accumulating wealth through fossil fuels, is also now in some ways leading the energy transition to renewable energy
This being seen by efforts such as the building of Masdar City, almost a Trillion Dollars in Solar commitments from Saudi Arabia, and most recently this past weekend, through the hosting of the Abu Dhabi Ascent, more on this event here:
An excerpt from our late 2013 report Investing in Environmental Innovation was featured here earlier in the week
Today's CERES event in Boston continues to focus on the Clean Trillion required http://www.ceres.org/issues/clean-trillion
How can we accelerate the capital inflow required to get to this large sum? We have long been advocates of positive sustainable investing in our books. A race is required both top down and bottom up to get us the green energy and infrasructure required.
What do you think?
Today's feature piece says no
In fact, regardless of struggles, UN climate negotiations is where the action is, or do you disagree?