As seen on
We make innovations to get fossil fuels out of retirement savings.
Sphere 500 Fossil-Free Index
We track the biggest 500 US companies, minus fossil fuel companies and a few others. Our funds vote our shares for climate action. They are designed to check the boxes fiduciaries look for in a 401(k) offering.
AtmoSphere: track your 401(k)’s climate impact
AtmoSphere Starter gives deep insights into every US company, using public records, to empower employees to make change. AtmoSphere Enterprise calculates the emissions from 401(k)s, in context of total emissions, and lets you simulate the impact of making changes.
Source: According to ICI, $11 trillion were invested in retirement funds as of 9/30/22. According to As You Sow, fossil fuels made up 9.34% the S&P 500 as of 6/23/23.
84%
of Americans are worried about climate change.
81%
didn’t know they’re investing in fossil fuels through their 401(k).
70%
are not happy their 401(k) is invested in fossil fuels when they find out.
Source: Pew Research, Sphere survey
401(k) investments in fossil fuels
Amounts invested in fossil fuels via company 401(k)s
It can be hard to get a climate-friendly investment option onto a 401(k) plan. The AtmoSphere platform helps sustainability teams understand how to reduce 401(k) emissions without having to change providers, and our funds are climate-friendly options that can be added to existing retirement plans.
We created the Sphere 500 to offer a simple and transparent approach to sustainability that can check all the boxes that benefits teams look for in a 401(k) or 403(b) retirement savings plan.
Don't invest in oil &
gas companies.
The first step in addressing climate change is to send a message to oil & gas companies loud and clear: no more business as usual. It’s time for the status quo to change.
Do reduce emissions.
Fossil-free funds have lower emissions because fossil fuel companies are the biggest contributor to global emissions.5
Do vote your shares for the planet.
Did you know that mutual funds vote on company shareholder proposals on your behalf? Most funds automatically vote however the board recommends. Ours vote for the planet.
The testimonials given were not paid for, are not giving investment advice, and do not have a technical aspect of investing.
We can check all the boxes.
Good returns
Removing fossil fuels has historically improved returns. Here’s an interesting case study: If you had invested $10k ten years ago in the S&P 500 without fossil fuels, today you would have more than just investing in the S&P 500.
S&P 500 without fossil fuels
S&P 500
S&P 500 without fossil fuels*
S&P 500
* Source: S&P 500 Ex-Energy Index. All Energy sector companies are fossil fuel companies, per S&P Global.
Affordable
Climate-friendly funds are typically 8x more expensive than an average index fund. We don't charge that premium. This pricing makes it appropriate for 401(k) plans.
Simple to start
We are designed to be added to existing 401(k) plans, so you don't have to switch providers to offer a climate-friendly choice.
Available on platforms including
Fidelity
Vanguard
The top 500 minus fossil fuels
The Sphere 500 index has the top 500 US companies by market capitalization, minus 93 companies. The independent non-profit As You Sow creates the list of fossil fuel and other companies that are excluded.
500 largest US companies
Removed 52 fossil fuel companies
Removed 41 deforestation, tobacco, civilian firearm, military weapon, and private prison companies
