Meanwhile, investors who are concerned about the fossil fuel content of their mutual funds can utilize the Fossil Free Funds database, a free offering with data on roughly 1,500 mutual funds, chosen largely based on net assets and the number of retirement plans using them.
The database, which launched in September, is a partnership between As You Sow, an Oakland, Calif.-based nonprofit that works with shareholders to promote corporate responsibility, and investment research firm Morningstar, which provides the equity and mutual fund data.