Wednesday, August 25, 2010

Social Funds and BP: How Embarassing...

If you are a shareholder in a so-called socially responsible or sustainable mutual fund, you may also be an owner of BP, the company responsible for the environmental catastrophe in the Gulf of Mexico.

When BP's oil rig in the Gulf of Mexico exploded on April 20, the company was a major holding of the Dow Jones Sustainability Index, which calls itself an index of "the leading sustainability-driven companies worldwide"... Read more

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