Responsible investors want to support companies that foster a culture based on justice and equity, promoting diversity across gender, race, ethnicity, sexual orientation, and other federally protected classes. But the data can be hard to find, especially when investing in mutual funds and other investment vehicles that hold hundreds or even thousands of individual companies.

That's why we built Social Justice Funds. Our database brings together research on a range of social justice issues to give you a way to find portfolios that align with your values.

A diverse workforce led by a diverse management team performs better financially. Our analysis of over 1,600 companies found a statistically significant correlation between higher percentages of BIPOC (Black, Indigenous, and People of Color) management and increases in enterprise value growth rate, free cash flow per share, income after tax, long-term growth mean, 10-year price change, mean return on equity (ROE), return on invested capital (ROIC), and 10-year total revenue compound annual growth rate (CAGR).

It's part of a growing body of evidence linking financial benefits to a diverse management team, making a clear business and investor case for diversity as a material factor in financial success.

How we grade funds on social justice issues

We've rated over 5,000 mutual funds on social justice issues, using data on corporate diversity, equity, and inclusion efforts from expert research groups like Equileap, Human Rights Campaign, and Whistle Stop. Read our full methodology to see how we assign social justice ratings to mutual funds, ETFs, and 401(k)s.