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Climate funds hold less than 1% of 401(k) money. Here s why CNBC 12/14/2020 Greg Iacurci So-called ESG investments in the U.S. hold $17 trillion, a third of all professionally managed assets, according to the Forum for Sustainable and Responsible Investment. Just 3% of 401(k) plans have an ESG fund, according to the Plan Sponsor Council of America. A fraction of plan assets (a tenth of 1%) are held in such funds. Trump administration rules issued in October threaten to further dampen uptake. © Provided by CNBC Investors are pouring money into funds that aim to do environmental and social good. But one of America s biggest pots of wealth 401(k) plans are stunting their growth.

United statesMorningstar haleJagdeep singhJagdeep singh bachherEugene scaliaJoe bidenPhilip chaoJon haleBryan mcgannonForum for sustainableUniversity of californiaPlan sponsor council of americaInvestment company instituteLabor departmentDepartment of laborPlan sponsor council