Launched in Sept 2015, Fossil Free Funds has welcomed over 284,000 visitors and over two and a half million page views, and the number of U.S. sustainably-mandated fossil free funds has grown from 12 funds with $4 billion, to 88, with assets reaching $81 billion. Kiplinger’s recently recognized As You Sow’s Invest Your Values as the #1 ESG tool for sustainable investors. AYS now seeks to add to Fossil Free Funds’ screenings the companies in the companies in the banking, insurance, and private equity sectors that enable these fossil fuel companies to continue conducting business as usual:
- banks that lend project and operating capital to fossil fuel companies;
- companies that insure their projects and operations; and
- other financial-sector companies such as asset managers.