Last April, I told my investment advisor that I wanted to invest some money in ESG funds thinking it was an easy way to support companies that believed in the same things I do when it comes to being socially responsible. This changes that entirely and I am forwarding PI's email to him so that he can see why I now want to pull out of ESGs. This is really sad!
Sheesh, if MSCI is going to give the likes of McDonald's a positive rating on ESG initiatives for doing the bare minimum, we might as well let these corporations write their own glowing praise on this front.
I truly would appreciate this inquiry. Many of us former teachers who have worked very hard for relatively little pay need a say in how our investment is allocated. Most of us are aware and terrified of climate crises
Well, my investment guy is Craig Faasen with Thomas Financial in Tampa 813-273-9416. Give them a call to see if they can help you or maybe recommend them to your union as a possible replacement for whomever is currently handling your accounts!
Thanks, Michael. No union bc most teaching was at a private school and private college. I guess I need to contact TIAA as they handle our investment/pension. Unfortunately, most people want profit at whatever cost.
That's the problem with a standard broker as they only make money when they buy/sell (Churning is the terms I've heard used). If you have a voice in it then you need to find a CFP (Certified Fiancial Planner) who does not profit only when they buy or sell. Good luck!
Thank you for your investigation. I was wondering how anyone could really learn what companies were truly working for cleaner air, water, and soil, and felt stumped. We know that many organizations are worth supporting (GreenPeace, Sierra Club, Audubon, The Nature Conservancy, and more) but how much integrity any corporation can claim about protecting our planet's ecology is unknown to me.
Last April, I told my investment advisor that I wanted to invest some money in ESG funds thinking it was an easy way to support companies that believed in the same things I do when it comes to being socially responsible. This changes that entirely and I am forwarding PI's email to him so that he can see why I now want to pull out of ESGs. This is really sad!
Just a wonderful analysis that gets at an important issue that other publications don't cover.
Sheesh, if MSCI is going to give the likes of McDonald's a positive rating on ESG initiatives for doing the bare minimum, we might as well let these corporations write their own glowing praise on this front.
I think they do exactly that.
Eye-opening. Thank you.
What a racket! There is no one to be trusted in banking or fund management. They def need to be more strongly regulated—all of them.
An eye-opener.
Judd, it would be helpful to know how deeply TIAA is implicated in this scam. Perhaps a future article?
https://tiaa-divest.org/
Thank you!
You're welcome. Working through some old articles. Sorry I didn't see this sooner.
I truly would appreciate this inquiry. Many of us former teachers who have worked very hard for relatively little pay need a say in how our investment is allocated. Most of us are aware and terrified of climate crises
Well, my investment guy is Craig Faasen with Thomas Financial in Tampa 813-273-9416. Give them a call to see if they can help you or maybe recommend them to your union as a possible replacement for whomever is currently handling your accounts!
Thanks, Michael. No union bc most teaching was at a private school and private college. I guess I need to contact TIAA as they handle our investment/pension. Unfortunately, most people want profit at whatever cost.
You need to go to his website to message him. I agree with you totally!
That's the problem with a standard broker as they only make money when they buy/sell (Churning is the terms I've heard used). If you have a voice in it then you need to find a CFP (Certified Fiancial Planner) who does not profit only when they buy or sell. Good luck!
Thank you for your investigation. I was wondering how anyone could really learn what companies were truly working for cleaner air, water, and soil, and felt stumped. We know that many organizations are worth supporting (GreenPeace, Sierra Club, Audubon, The Nature Conservancy, and more) but how much integrity any corporation can claim about protecting our planet's ecology is unknown to me.