How it works

We source data on companies and mutual funds from financial services provider Morningstar. Our database covers thousands of U.S. open-end mutual funds and exchange-traded funds (ETFs), some of the most common funds held in 401(k)s, 403(b)s, and other retirement plans.

Search for funds by name, ticker, or asset manager. Use the search bar below, or use the search page to do more advanced searches, such as filtering funds by investing style or asset manager. When you find a fund you're looking for, click it to see the full results.

We don't have everything in our database — we only analyze U.S. mutual funds and ETFs that are at least 50% invested in stock holdings, and our data license restricts us to displaying only a few thousand portfolios.

Looking for your favorite fund and can’t find it? With more resources, we could include more funds — make a gift today to make a difference.

The Deforestation Free Funds list is comprised of 380 publicly listed companies, compiled from independent research as well as from existing resources within the civil society research and investor advocacy communities on forest-risk companies, including Forests & Finance, Forest500, CDP Forests, Supply Change.org and ZSL SPOTT. Every company on the Deforestation Free Funds list may be considered at risk for exposure to tropical deforestation, whether directly through production and trading (Commodity producers and traders); through supply chain links (Major consumer brands); or through financing of producers and traders (Forest-risk banks and lenders). Where a company is a parent or a subsidiary of a privately held company, only the publicly listed company is named.

Most companies on the list were sourced through existing resources within the civil society research and investor advocacy communities, including Forests & Finance, Forest500, CDP Forests, Supply Change.org and ZSL SPOTT.

Relative criteria: a significant percentage of company revenues are engaged in that deforestation-risk business sector. An example is Equatorial Palm Oil, which has a significant percentage of company revenues engaged in palm oil production.

Absolute criteria: the percentage of company revenues engaged in that deforestation-risk business sector is not significant, but due to the large size of the company, the total amount of company revenue engaged in that deforestation-risk business sector is significant. An example is Amazon.com, which is a major consumer brand engaged in all six commodity sectors analyzed (palm oil, paper/pulp, rubber, timber, cattle, and soy). While the percentage of Amazon's company revenues engaged in these sectors is not significant, the sheer size of Amazon's operations makes the total amount of revenue significant.

Policy criteria: the company has no corporate policies to manage and mitigate risk in the deforestation-risk business sectors it's engaged in (i.e. does not have a No Deforestation policy, or has gaps in achieving full implementation of said policy).

Mutual funds can have a varying number of holdings, from less than one hundred to several thousand. For each fund, we calculate the total number, dollar amount, and percentage of the fund’s assets that are invested in those companies.

We only look for direct stock holdings in deforestation-risk companies. That means that holdings that are not stocks, like cash holdings or bonds, are not rated. In the fund's investment profile, we show a "Percent Rated" metric, equivalent to the percent of the fund that is invested in stocks. The higher a fund’s Percent Rated value, the more holdings we were able to examine. A fund with a lower Percent Rated value may have hidden deforestation-risk investments that our tool cannot account for, in the form of bond holdings or other asset types.

Based on the fund's deforestation exposure, it earns a deforestation grade.

If a fund owns some of the companies we screen for, but has a proven track record of engaging the companies it owns by taking actions such as filing shareholder resolutions on deforestation or similar environmental issues, it earns a special acknowledgement as a “known sustainability engager”, instead of a letter grade.

“Known sustainability engager” grade. Fund is offered by an asset manager that frequently engages companies it invests in to push for better behavior using the shareholder resolution process.

Along with the deforestation grade, we show details on the fund portfolio's flagged holdings.

The number of flagged holdings, the amount invested by the fund, and the percent of the fund's portfolio those holdings make up are shown. The same figures are available for the various sub-categories, and for each individual flagged holding.

We use Morningstar's "sustainability mandate" indicator to determine which funds are displayed as sustainably-mandated. Sustainably-mandated funds make investment decisions based on issues like environmental responsibility, human rights, or religious views. A sustainably-mandated fund may take a proactive stance by selectively investing in, for example, environmentally-friendly companies, or firms with good employee relations. They may also avoid investing in companies involved in promoting alcohol, tobacco, or firearms, or in the defense industry. Look for this symbol to find funds that are designated sustainably-mandated.

If you see this symbol, it means that fund is a known sustainability engager.

Some sustainability-mandated funds actively engage the companies they own. Indeed, efforts by sustainability-focused investors whose funds are found on this site have been crucial to driving positive change in the palm oil sector. A number of fund families are known sustainability engagers, and have taken actions such as filing shareholder resolutions asking for policy changes. Those families deserve special acknowledgement - often, they are using their investments to make sure they have a voice at the table to call for real improvements in company behavior. We used data collected by Ceres to identify fund families that have filed shareholder resolutions on deforestation, climate change, or other environmental issues. If a fund owns companies we screen for, but the family is a known filer of deforestation or environmental-related shareholder resolutions, it earns a special engagement score. Read more about our deforestation grades.

Are you a fund manager that has filed a deforestation-related shareholder resolution, or otherwise engage the companies in your portfolio on sustainability issues? Get in touch - we’d love to hear from you.

The Forum for Sustainable and Responsible Investment is a group advancing sustainable, responsible, and impact investing. Asset managers who are members of US-SIF often have policies to exclude or restrict investments in companies with high deforestation risk. Look for this symbol to find funds that are members of US-SIF.

When you're done looking up funds and finding the data you need, what's next? You can learn how to make a change and move your money with our #DefundDeforestation toolkit. Whether you’re an individual investor or if your investments are in your employer-sponsored plan at work, our step-by-step toolkit can help. There's an in-depth guide to responsible investing, links to external resources, a sample letter to send to your employer 401(k) manager, and more — everything you need to make a change and get started investing your money deforestation free.