First U.S. Mutual Fund to Report Carbon Footprint

Leading the way for other mutual funds, Green Century Balanced Fund released a report on its carbon footprint today. The analysis was independently conducted by Trucost, a leading environmental data and analysis firm. According to the report, the carbon intensity (or carbon emissions per million dollars of revenue) is two-thirds lower than that of the S&P 500(r) Index. Green Century Balanced Fund is also leading other sustainability and socially responsible investment funds, according to the report. Trucost has analyzed sixteen other investment funds who are dedicated to sustainability and social responsibility, and Green Century Balanced Fund’s carbon footprint is almost half the average of these funds.
Why is Green Century Balance Fund’s carbon intensity so low?
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