NYU Stern CSB Director, Tensie Whelan
, was featured in Mashable's article
, "How Your Retirement Investments Can Help Protect the Environment," in which she recommends the following for managing retirement investments with Environmental, Social, and Governance (ESG) criteria in mind:
- Ask your company's 401(k) advisor if retirement offerings include ESG-focused funds
- Consider investing in ESG through an IRA or individual investing option as you have more control in what kinds of funds or companies you are contributing to
Whelan emphasizes the UN Sustainable Development Goals
as a framework for defining investment objectives, ensuring those objectives align with that of the companies or funds you are investing in, and reviewing the environmental ratings of your investment choices.
Excerpt: "The idea of socially responsible investing has been around for a while, but the presence of ESG funds in retirement offerings is fairly new."
Read the full article here