An increasing number of employees want their retirement investments aligned with environmental, social and governance (ESG) commitments.
That's something few companies do — so environmentally focused retirement funds themselves are taking action to advance corporate sustainability goals while enabling employees to save for their own financial future.
That’s according to a Greenbiz report, which says that the World Business Council for Sustainable Development intends to set as a goal the objective to move $10 billion in assets under management (approximately 1 percent of the $1 trillion in retirement assets under management) to environmental, social and governance-themed retirement benefit accounts by 2020.
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