Do the Right Thing is all about doing good while doing well. This ETF (exchange-traded fund) tracks an index of US companies that make positive environmental, social, and governance decisions priorities. This is called ESG investing (environmental, social, governance). The underlying fund is called iShares MSCI USA ESG Select ETF. ESG is right there in the name.
Business doesn’t have to only be about the bottom line. Many investors believe that sustainability is necessary, philanthropy is much needed, and genuine concern for the future of the world is essential.
Influential companies can help make the world a better place. The companies in Do The Right Thing are multifaceted; they aim to maximize value for their shareholders, change their industries, and have a larger, more positive impact on society as a whole.
Although there are over 100 companies in this fund, we’ve highlighted six that are offering more than just great products:
Apple, Google, Disney, Mattel, 3M, and Ecolab.
With award-winning sustainability, it’s clear that Apple makes the environment a top priority. From preserving Apple-owned forests to recycling excess heat, the company includes sustainability in everyday processes. They even encourage customers to recycle their devices at any Apple Store. As a company, they continue to grow and pursue technological innovation and limit or improve their environmental footprint in the process.
Recommended Reading: Is Apple More Responsible Than You? Why You Want to Invest
Google’s impact on global social innovation continues to grow and have positive influences on lives of future generations. Through philanthropy and corporate projects that spur interest in and commitment to technology, Google is encouraging a new kind of community-building. From California to Japan, Google enlists its search engine, technology, and philanthropy to enable growth that is tech-focused with a larger social message.
Recommended Reading: Google’s Growth Strategy: Is Social Innovation High Tech?
Disney focuses its efforts on supporting their young consumers through education and philanthropic activities. The Make-A-Wish Foundation, environmental education guides, and a hands-on teaching approach to recycling are just some of the ways Disney works to improve the wellbeing of the next generation.
Recommended Reading: The Real Disney Magic: Their Inspiring Commitment to Charity
You might know Mattel from the Barbie doll who got a recent makeover. Mattel is embracing a new identity with younger generations as a company that supports and prioritizes body-positivity and female empowerment. In a new age of feminism, Mattel has readjusted and asserted its relevance in the industry and influential role to all young children.
Recommended Reading: Barbies and Superheroes: Mattel in the Next Generation
While 3M may be known for products that make our lives easier (what would we do without Scotch Tape, Duct Tape, and Post-Its!?), they are also pretty famous for the good they do with the means they have. 3M is committed to diversity — as a Cornerstone Donor for the National Museum of African American History and Culture, charitable giving — with corporate cash and in-kind donations totalling more than $70 million in 2015, and education — supporting STEM education through scholarships, teacher training programs, and innovative events and projects.
Recommended Reading: Sticking to their Values: Adhesive Giant 3M’s Commitment to Good
Ecolab grew from a solution for hotels’ carpet cleaning needs to one of the largest companies in the world. If you work in an office, attend a school, use water provided by a city, or eat at a restaurant, chances are you’ve interacted with surfaces cleaned, water treated, or products improved by Ecolab. But not only are they cleaning up our world, they are also encouraging their employees to give back to their communities, giving millions to their affiliated charitable organizations, and donating resources to disaster relief efforts worldwide.
Recommended Reading: How Ecolab Does the Right Thing: Giving Time and Money
If any of these companies’ charitable activities have made you rethink the social or environmental sustainability potential of companies today, consider an investment in Do The Right Thing. You can invest in companies that strive to make contributions to society, in addition to striving to deliver profitability and growth. You can choose companies that do the right thing, not just because they have to, but because they understand that we all need to focus on making the world a better place.