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Beyond GDP: The Social Progress Podcast

The Ethics of Pension Funds: Investors Making Change

26 Nov 2025

Description

In this episode, we challenge the foundational purpose of modern business, asking a provocative question: Is your hard-earned pension money funding the very companies that undermine your long-term health and the stability of the planet? Michael Green, CEO of the Social Progress Imperative, is joined by Catherine Howarth, CEO of ShareAction, to expose this ultimate investment paradox, where the shareholders, the true owners of the world’s largest companies, are often not taken into consideration in the business decisionmaking process. We explore the "democratic gap" that prevents shareholders from enforcing accountability on issues like climate action and fair wages, discuss the collective failure of the financial community to shift capital away from polluting industries, and explore Catherine's confident prediction about the capitalist system for the coming decade. Please follow and rate our show! Explore our work at https://www.socialprogress.org/ Interested in the Social Progress Index? Learn more. Help us advance social progress across the world! Your donation makes a huge difference to us. Donate now! Want the full story? Subscribe to our newsletter!

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