401(k) Plans with a Conscience and Green Power Buyers

Most companies do not offer options in their retirement plans for employees to contribute to socially responsible investments. A new company, Social(k) is hoping to change that. A recent survey showed that 74% of employees of companies who do not offer socially responsible investment options would invest in them if given the choice. Also, 68% of employers said they'd like to offer the investments to their employees, but most just haven't been given the choice.

Of course, performance of the plans are extremely important. According to the article, "since the inception of the Domini 400 Social Index on May 1, 1990, its annualized returns of 12.09% have beaten the S&P 500's annualized returns of 11.45%."

To learn more about Social(k), visit there website here.
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The U.S. EPA list of top purchasers of alternative energy was recently announced. Wells Fargo was first on the list, the first time a governmental agency did not head the list. Whole Foods was second on the list. Third was the U.S. Air Force; fourth was the U.S. EPA; fifth was Johnson & Johnson.

The entire top 25 list can be viewed at the EPA's site here.