If you could, would you invest in a better future?

Sustainable investing seeks strong financial returns and has a positive impact on the future of the world.

Companies showing responsibility

We actively look for companies that improve the world through positive environmental, social, and governance (ESG) practices.

ESG mutual fund investing

Putnam's sustainable approach

We seek stocks that offer the greatest investment potential through a research process that integrates fundamental, valuation, and sustainability analysis. We look for companies that prepare for — and improve — the future.

Sustainable investing

How we view impact

As active investors, we measure the performance of companies on sustainability and ESG factors and how this connects with their financial results.

Examples include:

  • Reducing carbon emissions
  • Increasing boardroom diversity
  • Improving employee engagement
Download the impact report

I want Putnam's "Sustainability and impact report"

We offer two funds. See how they might align with your goals.

I want innovative companies that have impact on sustainability challenges.

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I want established companies with excellent ESG practices and lower risk profiles.

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Putnam Sustainable Future Fund   (PMVAX)

Investing in growing companies solving sustainability challenges


NAV (last market close)


Total net assets as of 08/31/20

Large Growth

Morningstar category


Companies in portfolio

Putnam Sustainable Leaders Fund   (PNOPX)

Investing in growing companies committed to sustainable practices


NAV (last market close)


Total net assets as of 08/31/20

Large Growth

Morningstar category


Companies in portfolio

Follow our team to stay informed

Putnam’s Sustainable Investing team members are active researchers who share their viewpoints on key issues. Stay up to date as they unlock new insights.

Important risks

Consider these risks before investing: The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. Growth stocks may be more susceptible to earnings disappointments, technological obsolescence, and falling prices and profits, and the market may not favor growth-style investing. Investments in small and midsize companies increase the risk of greater price fluctuations. International investing involves currency, economic, and political risks. Emerging-market securities have illiquidity and volatility risks.

The fund’s sustainable and environmental, social, and/or corporate governance (ESG) investment strategy may cause the fund to forego otherwise attractive investment opportunities or may increase or decrease the fund’s exposure to certain types of companies and, therefore, to underperform funds that do not invest with a similar focus. From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors, which would make the fund more vulnerable to adverse developments affecting those industries or sectors. In evaluating an investment opportunity, we may make investment decisions based on information and data that is incomplete or inaccurate. Due to changes in the products or services of the companies in which the fund invests, the fund may temporarily hold securities that are inconsistent with its sustainable investment criteria. You can lose money by investing in the fund.

Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, or a summary prospectus if available, containing this and other information for any Putnam fund or product, contact your financial representative, call Putnam at 1-800-225-1581, or click on the prospectus section to view or download a prospectus. Please read the prospectus carefully before investing.

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