On October 28th, The CFAP Sustainable Investing Thought Leadership Group hosted an event where Andrew Behar, the CEO of As You Sow explored the question of whether your retirement plan is aligned with your values. 

Founded in 1992, As You Sow is the nation’s leading non-profit practitioner of shareholder advocacy and engagement.  As You Sow uses shareholder power, to change corporations for good — engaging corporations; educating individual and institutional investors about proxy power; and promoting alignment of investments with values.  Andrew is on the board of the US Forum for Sustainable and Responsible Investing (US-SIF); the advisory boards of Real Impact Tracker and 1-Earth Institute and has written the book, The Shareholders Action Guide: Unleash Your Hidden Powers to Hold Corporations Accountable.

Andy told us that there are currently 110 million U.S. employees with $8.4 trillion invested in corporate retirement plans.  When comparing a corporation’s sustainability goals to their retirement plan investment options, it has been found that most defined contribution retirement plan investment options are not aligned with their stated corporate sustainability goals and prevent many employees from aligning their investments with their personal values.  Andy taught our group how to identify the signs of any misalignments that may be present in their retirement plan and give them the tools to align their investments with their values. 

Our next meeting is scheduled on Wednesday, November 18thRob Main, CFA, Managing Partner and COO of Sustainable Governance Partners (SGP) will discuss how the ESG mega-trend is driving a paradigm shift between public companies and their shareholders.

The CFAP Sustainable Investing Thought Leadership Group provides a forum to advance the dialogue regarding the role of sustainable investing in today’s capital markets and beyond.  In particular, the group directs its attention to furthering an understanding and clarifying the risks and opportunities linked to environmental, social and governance issues.  

If you have any questions regarding this posting or becoming part of the CFAP Sustainable Investing Thought Leadership Group, please contact Michael Cosack at  cosackm@impactwise.us.

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