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LMT, NOC, GD, RTX

Costco is one of the very few. They actually pay and treat their workers and customers well.

My cynical take is you can’t, they’re all private. Point being any public company is purely driven by greed, to appease shareholders who only care about 1 thing, profits. Rarely does a company’s product improve once they go public, nor are they going to go against a decision and do the right thing if it minimizes profit

Trading in the market is definitely dirty money because it rewards the ills of society. Job cuts, rewards, raising product prices for consumers, rewarded. It does suck because despite it being dirty money, our retirement relies on it.

I’ve thought abt this a lot too and tbh I keep wondering if ethical investing is more abt intention than a clean answer… like even companies that seem good on the surface prob have some tradeoffs we just don’t see personally I end up leaning toward boring stuff that feels… useful? like healthcare, some tech that’s more infrastructure than hype. but even then i second guess it curious how u deal w that part, like do u have clear lines or is it more a constant adjusting thing..

If you're seeking to be ethical you shouldn't be engaging in capitalism.

If you're serious, look into inverse fund... I.e inverse big oil, defense etc... Only downside is you can't hold longterm. They're volatility and fund managers take huge cuts (because capitalism)

Look into CWEN. Green energy stock that pays huge dividend.

ESG screeners are what you'd be looking for.

You're going to get a lot of ridiculous responses here. People get so upset anytime someone brings this up. It's your money you can invest however you want.

You would have to vet them one by one since the devil is in the details. You pick industries that fit your greater good criteria.

Then you read and decide how much margins are 'fair' to you. If they have to bake in higher margins for their distributors to take a cut and help them drive volume sales is that fair for you? Or is it unethical since chances are the pricing gets passed onto the end consumer?

Then after narrowing, you have to look if they're paying 'fair wages', giving bonuses, not having layoffs. Chances are, these qualities you're looking for are in direct conflict because without being capitalistic and selling things for 'more profit', you don't earn enough to pay your employees a 'fair wage'. You have to calibrate what you feel is ethical on both ends, it's zero sum.

Then more qualitative stuff like any bad press in the news about things they're doing. Deciding if you care if they're into ESG (or if you think that's performative).

Even then there's probably stuff that goes unseen but you would have at least done your homework.

It's really tricky because you don't always know what companies do behind the curtains, and also most companies are a mix of good and bad.

One thing I might suggest is to start with one of those thematic ETFs - ethical, or green, or organic etc. Then, deep dive into a few of their holdings to ensure they pass your sniff test rather than some reference standard the ETF company are using.

Personally I just avoid investing directly in the more evil companies. If something is part of an etf, I justify it as contributing an inconsequential amount

Check for best in the ESG class stocks

Tried some ESGs?

Not living is the most ethical thing imo!

Costco

IRGC

Fastned

United therapeutics has a good story on its founding to do good

GH - Guardant health

Just buy gold ETFs then bro. Literally all businesses have unethical practices of all kinds: reliance on sweatshops, paying below minimum wage, cracking down on unions, unlawful data collection and processing and sale, testing on animals, investing in or loaning to companies that carry out all the above etc.