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Social(k) Retirement Plan Renews Calls to Fidelity Investors to Invest in Sustainable Solutions, not Sudan

Social(k) president Rob Thomas attends LOHAS conference in Boulder, CO June 23-25, co-hosts June 24 ‘speakeasy’ at The Bitter Bar

Submitted by: Social(k)

Categories: Socially Responsible Investing, Corporate Governance

Posted: Jun 18, 2010 – 04:03 PM EST

 

SPRINGFIELD, M.A., Jun. 18 /CSRwire/ - Rob Thomas, president of Social(k), the nation's most diverse socially responsible retirement platform, will renew his call to attendees of the LOHAS (Lifestyles of Health and Sustainability) conference in Boulder, CO June 23-25, 2010 to divest of Fidelity Investments in their retirement portfolios and adopt socially responsible funds instead. He noted that on May 21, 2010, the Unitarian Universalist Association announced it would replace Fidelity Investments as record keeper for its retirement plan, citing "disappointment" with the Boston-based mutual fund company's record on human rights, including its holdings in companies that do business in Sudan.

"I urged attendees at the LOHAS convention back in 2007 to adopt socially responsible funds and divest of Fidelity Investments when reviewing their retirement portfolios and am doing again this year in light of the move by the Unitarian Universalist Association," said Rob Thomas, Social(k) president. "If a large denomination can do it, so can each of us," he added.

More than 60 million in assets have been moved to Social(k) since its launch in 2006. Most recently, Thomas established a West Coast office in the Hub - SoMa, a co-working space for a global and local community of change makers that recently opened in San Francisco.

INVITATION - Social(k), CSRWire.com, and The SOAP Group invites everyone to a “speakeasy night” during LOHAS June 24 at The Bitter Bar, 835 Walnut Street, Boulder, CO 80302 from 9:30-11:30 p.m.

About Social(k)

Springfield, MA-based Social(k) is the nation's most diverse socially responsible retirement platform for 401(k) and 403(b) plans, offering almost 200 screened socially responsible funds, including Calvert, Pax, Parnassus, Portfolio 21, and Winslow Green Growth funds, as well as more than 4000 conventional funds to choose from. Social(k) is a founding B Corporation, Organic Trade Association affiliate, and member of Coop America and One Percent for the Planet. Due to the popularity of the Social(k) program, Thomas has been a finalist for the SRI in the Rockies' 2009 SRI Service Award for the last two years. For more background on Social(k) related topics, follow http://blog.socialk.com/ or link to the client appreciation animation.

Fidelity invests in Sudan, Social(k) invests in bee hives.

For more information, please contact:

Rob Thomas President
Phone: 860-830-7310
Sandra Marquardt President, On the Mark PR
Phone: 301-592-0077

For more from this organization:

Social(k)

 

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