For instance a fund based on the S&P 500 ESG Index, the SPDR S&P 500 ESG ETF, received the low rating "D" by climate activist research group As You Sow, which noted despite its title and sustainability mandate, fossil fuel stocks make up 6.5% of fund assets. Read More →
Read MoreTesla was recently tagged by sustainable investing advocate As You Sow in a report that ranked 55 companies on their “green” progress.
Most major corporations tell customers and shareholders they’re working toward zero greenhouse gas emissions in the coming years and decades, doing their part to slow global warming. But the speed of progress varies. And many still rely on buying permission to pollute through carbon offsets rather than changing how they source energy, the As You Sow investing group charged. Others, even environmental groundbreaker Tesla, earned poor marks for not publicly sharing emissions data at all. Read More →
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