A new wave of environmentally focused retirement funds aims to advance corporate sustainability goals while enabling employees to save for their own financial future.
At its member meeting in Phoenix next week, the World Business Council for Sustainable Development (WBCSD) plans to set an aspirational goal to move 1 percent of $1 trillion ($10 billion) in retirement assets under management of its member companies to environmental, social and governance-themed retirement benefit accounts by 2020.
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