Interactive Brokers Launches Innovative Sustainable Investing Tool

Interactive Brokers Group (NASDAQ:IBKR) launched a free and innovative sustainable investing tool, Impact Dashboard, aiming to help clients evaluate and invest in companies that align with their values.

The dashboard was designed to set a new standard for tools that can be used for sustainable, socially responsible, and values-based investing. Its launch comes at a strategic point investing in Environmental, Social and Governance (ESG), whose assets is said to top $53 trillion by 2022.

The Impact Dashboard allows investors to select their personal investment criteria from 13 impact values and principles including Clean Air, Pure Water, Ocean Life, Land Health, Consumer Safety, Ethical Leadership, Gender Equality, Racial Equality, LGBTQ Inclusion, Company Transparency, Sustainable Product Lifecycle, Mindful Business Models and Fair Labor & Thriving Communities. Clients can also exclude investments based on 10 categories: animal testing, business ethics controversies, corporate political spending and lobbying, energy-intensive, fossil fuels, greenhouse emissions, hazardous waste, high water usage, tobacco, alcohol and gambling and weapons and gun manufacturers, according to the company's statement.

For now, Impact Dashboard is available in Beta on the professional-grade Trader Workstation, easy-to-use Client Portal and IBKR Mobile app. 

Will Peterffy, ESG Director at Interactive Brokers, commented:"The future of sustainable investing begins with the Impact Dashboard, which allows investors to align their portfolios with their values. In a world lacking transparency, the dashboard quickly analyzes and grades your stock portfolio based on your values and presents your holdings through a personalized ‘impact lens’. You can then decide whether to keep your investments or move your capital to companies which better align with what matters most to you. The Impact Dashboard ushers in a new era where moral, ethical, and responsible behavior can begin to be valued in the marketplace."