What’s In Your 401(k) plan? GHG Polluters or ESG Leaders?

One hundred million Americans are contributing to 401(k) retirement plans, but few know that many of these plans invest in fossil fuels, deforestation, private prisons and other companies that may not be aligned with their values. My guest on today’s program, Andrew Behar, CEO of As You Sow, explains that many companies who sponsor 401(k) plans are contradicting their own stated sustainability goals. For example, companies like Apple, Disney, Microsoft, and Visa all have ambitious ESG targets, but the investment choices in their plans often include major GHG polluters and companies that are burning down the Amazon rainforest. Behar and I also talk about As You Sow’s exciting new programs: “As You Vote,” for proxy voting, and the “Activate Network,” that works with financial advisors to empower shareholders.