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Dear Alexis, 


Green Century Fund investors may be interested in learning how companies held in the Green Century Balanced Fund and the Green Century Equity Fund continue to add sustainable practices to help protect the environment.

Target*, the national merchandise retailer with the distinctive bullseye logo, is expanding its renewable energy footprint, recycling and another sustainability efforts.
By next year, the retailer plans to have 100% of the plastic packaging for its brands be recyclable, compostable or reusable.

On the energy front, Target is cutting energy use and investing in projects around the world that produce electricity through renewables, such as sun and wind-powered energy. The company aims to source 100 percent of its electricity from renewables by 2030.

Target was named as a 2023 ENERGY STAR Partner of the Year, which recognizes businesses helping transition to a clean energy economy. In the past few years, Target has installed LED lighting both inside and outside hundreds of stores and upgraded to more efficient rooftop HVAC units.

The company also has made a commitment to net zero greenhouse gas emissions by 2040 and is working to cut climate impacts across its operations and supply chain.

Target plans to make 100% of its private label products, ranging from art supplies to clothing, environmentally sustainable by designing items that are more durable,  eliminate waste and encourage reuse by 2040.
Sustainability is a key goal at Target, and we note how the company continues to make advances in plastics, clean energy, and other environmental fronts.


Click here for more information about the
Balanced Fund and Equity Fund.

 
A sustainable investment strategy that incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria. 

Please reach out today if you would like to learn more about Green Century Funds’ investments at info@greencentury.com, or call us at 1-800-934-7336.

Sincerely, 

Leslie Samuelrich 
President  
Green Century Funds
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About Green Century Funds 

°Green Century Capital Management, Inc. (Green Century) is the investment advisor to the Green Century Funds (The Funds). The Green Century Funds are one of the first families of fossil fuel-free, environmentally responsible mutual funds. Green Century hosts an award-winning and in-house shareholder advocacy program and is the only mutual fund company in the U.S. wholly owned by environmental and public health nonprofit organizations. 

*As of December 31, 2023, Target Corporation comprised 0.79%, 0.31%, and 0.00% of Green Century Balanced Fund, the Green Century Equity Fund, and the Green Century International Index Fund respectively. As of the same date, other securities mentioned were not held in the portfolios of any of the Green Century Funds. References to specific securities, which will change due to ongoing management of the Funds, should not be construed as a recommendation by the Funds, their administrator, or their distributor. 

You should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. To obtain a Prospectus that contains this and other information about the Funds please visit www.greencentury.com, email info@greencentury.com, or call 1-800-934-7336. Please read the Prospectus carefully before investing. 

Stocks will fluctuate in response to factors that may affect a single company, industry, sector, country, region or the market as a whole and may perform worse than the market. Foreign securities are subject to additional risks such as currency fluctuations, regional economic and political conditions, differences in accounting methods, and other unique risks compared to investing in securities of U.S. issuers. Bonds are subject to a variety of risks including interest rate, credit, and inflation risk. 

This information has been prepared from sources believed reliable. The views expressed are as the date of this writing and are those of the Advisor to the Funds. 

The Green Century Funds are distributed by UMB Distribution Services, LLC. 235 W Galena Street, Milwaukee, WI 53212. 1/24

Call us: 1-800-934-7336
 
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