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Wednesday, February 17, 2021

2021's Six Most Sustainable Fund Firms

News summary by MFWire's editors

At least six mutual fund firms (and parents of fund firms) are among the most environmentally friendly of the large, publicly traded companies in the U.S., according to an investing magazine's new list.

Christine Hurtsellers
Voya Financial
CEO, Investment Management
On Friday, the Barron's team released their fourth annual list of the "100 Most Sustainable Companies." The list, powered by Calvert (Eaton Vance's ESG asm), was selected from amongst the 1,000 biggest publicly traded companies. Thus, smaller firms, and privately held firms, were ineligible.

Voya Financial, parent of Voya Investment Management, ranks fifth on the 2021 list, down from third in 2020 but still ahead of all other financial services firms for the third year in a row.

T. Rowe Price ranks 14th this year, up from 36th in 2020.

BlackRock ranks 44th for 2021, up from 82nd last year.

Prudential Financial, parent of PGIM, ranks 48th this year, down from 40th in 2020.

Principal Financial Group, parent of Principal Global Investors, ranks 66th for 2021, up from 68th last year.

And State Street, parent of SSGA, is a newcomer to this year's list at rank 75. 

Edited by: Neil Anderson, Managing Editor


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