MutualFundWire.com: The Six Most Sustainable Fund Firms

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Tuesday, February 11, 2020

The Six Most Sustainable Fund Firms

At least six mutual fund firms (and parents of fund firms) are among the most environmentally friendly companies (at least among the big, publicly traded ones), according to a magazine's new list.

Christine Hurtsellers
Voya Financial
CEO, Investment Management

Over the weekend, the Barron's team released their third annual list of the "100 Most Sustainable Companies." The list, created in partnership with Eaton Vance's Calvert arm (an ESG shop), was pulled from the 1,000 biggest publicly traded companies (so fund firms with other ownership structures were ineligible).

Voya Financial, parent of Voya Investment Management, ranks third on the new list, up from sixth last year and higher than any other asset managers (even higher than any other financial services firms).

T. Rowe Price ranks 36th this year, up from 83rd last year.

Prudential Financial, parent of PGIM, ranks 40th this year, down from 28th.

Principal Financial Group, parent of Principal Global Investors, ranks 68th on the list, to which it is a newcomer this year.

Northern Trust ranks 77th this year, down from 51st.

BlackRock ranks 82nd this year, down from 67th.

Printed from: MFWire.com/story.asp?s=60873

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