Employees know they’re making 401(k) contributions, but do they know where their money is going? Probably not.
Employees may be inadvertently investing in companies that directly contradict publicly-stated corporate sustainability goals on issues like climate change and racial justice, according to a press release from California-based non-profit As You Sow. To help employees understand how their money is invested, they’ve released a corporate 401(k) sustainability scorecard that grades companies on their retirement plan investments so that employees know exactly what they own — and whether or not it lines up with their own values.
