Socially Responsible Retirement: Employers are reacting to the growing trend
of workers who want to put their money into socially responsible investments,
according to a recent survey by Mercer Investment Consulting and the Social
Investment Forum.
While 19 percent of defined-contribution plans include a socially responsible
investment option, 41 percent of plan sponsors plan to introduce this kind of
offering into their plans over the next three years. That would represent a 60
percent market penetration for socially responsible investments within
defined-contribution plans by 2010.
The report, “Defined Contribution Plan and Socially Responsible Investing in
the United States,” predicts continued growth for socially responsible
investing. Eighty-one percent of defined-contribution plan administrators, 72
percent of consultants and 47 percent of plan sponsors predict an increasing or
steady demand for socially responsible investments over the next five
years.