Big Banks make trillions of dollars in profit by investing in extractive capitalism: oil and gas, private prisons, coal mining, for-profit migrant detention centers. This kind of capitalism drives our society and planet to the brink, and we can no longer stand for it.
There’s a significant wave of environmental and socially responsible investment products emerging, called ESG funds. ESG criteria rate investment on their environmental, social, and governance qualities. Funds are designated ESG when companies in the fund create positive social and environmental impact.
ESG funds have been outperforming conventional funds in the last years, which is rad. This means investors are starting to invest based on their values. As Good Money grows and begins investing, we will not invest in planet-destroying companies or funds like the Big Banks do. We will transparently invest in high-performing, mission-aligned ESG funds.