I’m hoping to find an ethically minded ETF (ESG) that isn’t run by a publicly held or just plain evil company. I don’t see the point in using Vanguard, BlackRock, DWS, etc when I want to be socially responsible. Is there a non profit investment firm? The salaries could be sky high but the company would have a stated goal of social responsibility.

  • mossberg590@lemmy.worldOPEnglish
    1·
    6 months ago

    Like I said, the salaries could be sky high, I don’t care. It is still a capitalistic system, so greed is the motivator. A for profit company will have conflicts of interest. They have a ETF for big oil and a ESG? Maybe they would funnel money away from green tech to carbon capture, etc. A non profit helps reduce that corruption just a little.