At the 2019 Sustainable, Responsible, Impact investing conference, I was introduced to YourStake and we are trying it this year. There are two components of YourStake: portfolio impact reporting and a petition platform.
PORTFOLIO IMPACT REPORTINGOne is portfolio impact reports for financial advisors. It’s a way to show clients what their investments are doing in the world. It evaluates a portfolio compared to a benchmark portfolio on 20 different areas, including:
- weapons exposure,
- carbon emissions,
- animal exploitation,
- gender equality,
- political transparency voting support,
- fossil fuel exposure,
- prison industry exposure,
- migrant border detention involvement,
- deforestation exposure, and
- women on boards.
PETITION PLATFORMThe second part of YourStake.org is an online petition platform for shareowners. The combined savings of many citizens makes up the majority of investment into big companies. Companies already respond to big investors, and together smaller investors can make an impact. From 401(k)s to brokerage accounts to pensions and more, you can sync with all of your investments on YourStake to verify that you are a shareowner. You can use your shareowner power with stocks and mutual funds. You have the power to change companies. Companies have to listen to their shareowners – you’re their boss. Investors have convinced companies to:
- Stop funding organizations supporting climate denial
- Address the gender pay gap
- Phase out antibiotic overuse
- and more.