Sphere raises $2M to assist workers lobby for green 401(k) prepares
In the United States, a 401(k) plan is an employer-sponsored defined-contribution pension account. With tradition institutional investing, most of these have at least some level of fossil fuel participation, and, let’s face it, very few of us really know. Now a start-up plans to change that. California-based start-up Sphere wants to get staff members to […] Alex Wright-Gladstein, CEO and founder of Sphere said: “We are proud to be partnering with Pale Blue Dot on our objective to reverse environment modification by making our cash talk. Wright-Gladstein said she discovered the problem of providing fossil-free choices in 401(k) plans when running her previous startup, Ayar Labs. …
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