Are Your Retirement Savings Funding Fossil Fuels?
Today we'll be covering Fossil Free funds. It's easy to throw our hands up and argue ignorance but with this handy tool you can see how your funds are rated in terms of their fossil fuel holdings.
Fossil Free Funds analyzes the fossil fuel exposure and carbon footprint of thousands of investment funds. This site makes it easy to see how various funds may invest in major fossil fuel companies. With knowledge comes power; you can use this information to understand if your money is being invested in line with your values.
Below is an example of how a Target Vanguard Retirement Fund is rated according to their fossil fuel companies and major investments. Curious how your investments line up?
Image source: fossilfreefunds.org
Here are your action steps for today.
Log into your retirement account(s) to see what funds it is invested in.
Go to Fossil-Free Funds to input your fund and find out how it is rated.
Let me know how it goes!
