NPR

As Investors Try To Be More Ethical, Some Find No Escape From Businesses They Detest

Investors are spending billions to align their portfolios with their personal values. But what happens when funds that claim to be "sustainable" are not as clean as they profess to be?
Investors are spending billions of dollars to align their portfolios with their personal values. But there's little agreement on what exactly qualifies — or disqualifies — an investment option from being marketed as sustainable. Above, pedestrians walk past the New York Stock Exchange on June 10.

If you're an investor with ardent social beliefs — and you aspire to put your money where your mouth is — you're in luck. Today, on Wall Street and beyond, socially responsible investment options abound.

For those distressed by gun violence, new weapon-free funds divert dollars from firearms manufacturers and large gun retailers. If climate change is your biggest concern, there are funds that dodge investments in oil and gas giants. And for the staunchest animal advocates on the market, a Vegan Climate Index vows that investor dollars will not, under any circumstances, harm a living creature.

Increasingly, investors are taking pains to align their portfolios with their personal values, and activists are urging financial institutions to divest from companies implicated in poll. This is up 10 percentage points from just two years ago.

You’re reading a preview, subscribe to read more.

More from NPR

NPR5 min read
Can You Survive Summer Indoors Without AC? In Arizona, Many Don’t
Nearly half of the people who suffered heat-related deaths in Arizona last year lived outdoors without shelter, but public health officials and lawmakers are starting to pay more attention to the risk of dying indoors.
NPR4 min read
'Hacks' Season 3 Is Proof That Compelling Storylines And Character Growth Take Time
Ava (Hannah Einbinder) and Deborah (Jean Smart) have both grown a lot since we first met them in Season 1. It's a reminder that shows need breathing room to achieve satisfying development.
NPR4 min read
'Dance Your Ph.D.' Winner On Science, Art, And Embracing His Identity
Weliton Menário Costa's award-winning music video showcases his research on kangaroo personality and behavior — and offers a celebration of human diversity, too.

Related Books & Audiobooks