Best ESG and Impact Investing Apps

The IMPACT app is a powerful platform designed and backed by Interactive Brokers, a trusted name in the financial industry. It helps investors align their values with their investment choices with a core focus on ESG factors, allowing users to invest in companies that prioritise sustainability and social responsibility. It groups values into 12 areas, including Clean Air, Pure Water, Ocean Life, Land Health, Gender Equality, Racial Equality, and Ethical Leadership. Besides the standalone app, the same Impact Dashboard is built into IBKR Mobile, IBKR Desktop, Trader Workstation, and Client Portal.

The app stands out for its wide range of investment options, with the ability to filter out companies engaged in harmful practices. You can choose from stocks, ETFs, mutual funds, options, cryptocurrencies (only available to US clients), and even carbon offsets. There is no account minimum, and fractional shares start at $1.

US clients on IBKR Lite trade US stocks and ETFs commission-free on IMPACT. Non-US clients, and US clients who choose IBKR Pro, pay IBKR’s standard commissions: $0.005 per share (minimum $1) on the Fixed plan, or from $0.0035 per share on the Tiered plan. Carbon offsets carry a fee of between 1% and 2.5% of the offset value, depending on the amount.

Navigating the app is intuitive, especially for those familiar with Interactive Brokers’ other applications. One notable feature is the inclusion of an Impact score, which assesses the sustainability of each investment position. You can also delve into performance details, analyse the impact lens of your positions, and create personalised watchlists to monitor your preferred companies. Another advantageous feature is the ability to easily swap a position that does not align with your responsible investing values for one that aligns with your sustainability objectives.

We encourage you to check our comprehensive IMPACT review for more insights.

M1 Finance is a popular fintech company known for its automated, commission-free investing portfolios. It combines do-it-yourself (DIY) investing with automated portfolio management. It also offers a high-yield cash account and borrowing, so you can manage several parts of your finances in one place.

One of the key features of M1 Finance is its customisable investment portfolios, known as “Pies.” You can create your Pies by selecting individual stocks, ETFs, and other investment assets and assigning specific weightings to each holding. This allows you to customise your portfolio to your preferences and values, whether it’s focusing on a specific sector, asset class, or investment theme or avoiding certain sectors and companies altogether.

If you prefer not to build your own portfolio, M1 offers ready-made Model Portfolios (formerly called Expert Pies), including a Responsible Investing (ESG) category that you can invest in as is or adjust.

M1 Finance caters to various types of investors, offering a comprehensive selection of account types such as individual and joint taxable accounts, custodial accounts, retirement accounts (Traditional, Roth, and SEP IRAs), and trust accounts. The minimum deposit is $100 for taxable accounts, $500 for IRAs, and $5,000 for trusts. Therefore, you can select the account structure that aligns best with your financial goals and tax considerations.

In terms of fees, M1 Finance offers commission-free trading. M1 discontinued its paid M1 Plus subscription in May 2024 and replaced it with a $3 monthly platform fee, which is waived once your total M1 assets reach $10,000 (or if you have an active M1 personal loan).

Not a US resident? Here are our M1 Finance alternatives.

Founded in 2008, Betterment is another leading investment platform that prioritises responsible investing. With more than $70 billion in Assets Under Management (AUM) and over 1 million customers in 2026, Betterment is one of the largest robo-advisors. It offers socially responsible investing portfolios and provides additional features like cash management and financial planning tools, making it a comprehensive platform for investors seeking to align their investments with their values.

Betterment promotes Socially Responsible Investing (SRI) by offering impact-focused SRI portfolios designed for investors looking to align their investments with their values. These portfolios include Broad Impact, Climate Impact, and Social Impact, each tailored to different sustainability criteria, and all three were updated in January 2026. They are built from low-cost ETFs that favour companies with strong ESG practices, while keeping the portfolio diversified.

Betterment caters to investors of all types with its diverse offerings. For those seeking a more affordable solution, Betterment Digital costs $5 per month, or 0.25% a year once your balance reaches $24,000 or you set up recurring deposits of at least $200 a month. You can start investing with a $10 deposit.

Alternatively, for individuals desiring a premium experience, Betterment Premium offers unlimited access to certified financial planners, tailored financial planning, and portfolio management for an annual fee of 0.65%, with lower rates on assets above $1 million.

Wealthfront is a US-based robo-advisor founded in 2008, providing personalised investment portfolios, brokerage, and cash management services. It is listed on Nasdaq (ticker: WLTH) and passed $100 billion in platform assets at the end of August 2026, with 1.51 million funded clients. Following a short questionnaire, Wealthfront provides personalised investment portfolio recommendations based on your risk profile and financial goals. Notably, it offers a range of products, including cash management with a competitive APY, automated investing for retirement and education savings, and borrowing against your portfolio.

Wealthfront offers portfolios that prioritise sustainability, diversity, and equity as part of its socially responsible investing strategies. You just open an “Automated Investing Account”, and you will get access to their socially responsible portfolios. These portfolios use iShares ESG funds that track MSCI indices (expense ratios of 0.09% to 0.18%) and exclude businesses involved in civilian firearms, controversial weapons, tobacco, thermal coal, and oil sands.

Furthermore, they emphasise investments in companies that excel in Environmental, Social, and Governance measures. Additionally, they manage the portfolio automatically by rebalancing investments and employing tax-loss harvesting when needed to optimise your tax obligations.

For those who prefer a hands-on approach, Wealthfront also offers a “Stock Investing Account,” where you can invest in individual stocks that align with your values. Wealthfront provides a user-friendly platform with fractional shares investing ability, no commission trades, and a low minimum investment of just $1 for self-directed portfolios and $500 for pre-built portfolios.

Founded in 2014, Wealthsimple is a leading Canadian wealth management firm that offers a comprehensive suite of financial services, including investing, saving, and trading. It is known for its user-friendly interface and commitment to innovation and has gained recognition for democratising investing and making it accessible to a wider audience. It has become popular among Canadian investors seeking to effectively manage their wealth and take advantage of innovative financial solutions.

Wealthsimple offers the opportunity to construct socially responsible portfolios that prioritise sustainable and ethical practices. These portfolios adhere to stringent sustainability standards, aligning with the temperature-change goals outlined in the IEA Sustainable Development Scenario and the Paris Agreement. Wealthsimple screens out oil and gas, coal, weapons, tobacco, alcohol, gambling, and companies that breach the UN Global Compact, and also excludes the top 25% of carbon emitters in each industry. Companies must have at least three women on their board (or 25% female representation), and the bond portion is invested in green and sustainable bonds.

Wealthsimple also offers a self-directed investing option, allowing you to select and manage your investments personally. With this option, you can invest in fractional shares and enjoy the convenience of automatic dividend reinvestment. Both managed and self-directed accounts can be held in registered wrappers such as a TFSA, RRSP, or FHSA for tax-sheltered growth.

Wealthsimple is only available in Canada, and you can start investing with as little as $1. The management fee depends on your balance: 0.5% a year on the Core tier, 0.4% from $100,000 (Premium), and between 0.4% and 0.2% for Generation clients with $500,000 or more, with the 0.2% rate reserved for balances of $10 million or more.

Established in 2007, eToro is a social trading and investment platform listed on Nasdaq (ticker: ETOR), with 4.28 million funded accounts at the end of June 2026. In 2022 it added ESG scores from the data provider ESG Book for more than 2,700 stocks, using a “traffic light” colour scheme. The green score indicates leadership in ESG within its sector, while amber signifies an average rating, and red suggests a poor ESG rating compared to peers.

You can take various approaches to integrating ESG scores into your decision-making process. For instance, you can use these scores to gain additional insights into companies beyond financial analysis, apply them as a filtering mechanism for portfolio selection (preferring high-scoring companies or excluding lower-scoring ones), or leverage them as flags for monitoring purposes (investigating changes in ESG scores as potential signals).

eToro also offers thematic Smart Portfolios, ready-made baskets of assets built around a theme such as clean energy. With CopyTrader, you can also copy investors whose portfolios focus on sustainable companies, although past performance doesn’t guarantee future results.

The minimum first deposit on eToro ranges from $10 to $10,000, depending on your country. ETFs are commission-free, and stock trades carry a $1 or $2 commission, depending on the market. For more detailed information and insights about eToro, we recommend checking out our comprehensive eToro review.