Socially Responsible Investing News

SocialFunds.com

Daily news from Socialfunds.com covering socially responsible investing and corporate responsibility

Interview: Cary Krosinsky, Editor of Evolutions in Sustainable Investment

By Robert Kropp. SocialFunds.com talks with Krosinsky about the challenges to as well as the inevitability of a mainstream uptake of sustainable investing strategies.

 

States Require Insurers to Respond to Climate Risk Survey

By Robert Kropp. California joins New York and Washington in requiring insurers that that write in excess of $300 million in premiums to respond to the National Association of Insurance Commissioners' Climate Risk Survey.

 

A 30% Reduction in EU Emissions by 2020 will be Cheaper than Expected

By Robert Kropp. Noting that emissions reductions reached 14% by 2010, the European Commission concludes that a 30% cut will cost less than anticipated, and the Institutional Investors Group on Climate Change calls for incentives to stimulate private investment.

 

Investors Team with Law Enforcement Professionals to Combat Sex Trafficking at Super Bowl

By Robert Kropp. Interfaith Center on Corporate Responsibility members warn that child sex trafficking increases during large sporting events, and engage with Indianapolis hotels to raise awareness of the risk at this year's Super Bowl.

 

UN Adaptation Database Highlights Corporate Sustainability Efforts

By Robert Kropp. The UN Framework Convention on Climate Change publishes an online database featuring case studies of climate change adaptation activities undertaken by private companies.

 

Book Review: Evolutions in Sustainable Investing: Strategies, Funds and Thought Leadership

By Robert Kropp. Trucost executive Cary Krosinsky edits a book of essays demonstrating that sustainable investment in an era of growing resource scarcity yields significant opportunities for portfolio outperformance.

 

Shareowners File 40 Resolutions on Lobbying Expenditures by Corporations

By Robert Kropp. Walden Asset Management leads a coalition of investors calling on companies to disclose both direct lobbying expenditures and indirect funding of lobbying through trade associations.

 

GRI Publishes Sustainability Guidance for Event Organizers

By Robert Kropp. Site selection and community impact are among the key issues for which reporting can enhance the accountability of event organizers, the Global Reporting Initiative says.

 

Corporate Knights Publishes Eighth Annual Ranking of Sustainable Companies

By Robert Kropp. Danish pharmaceutical firm Novo Nordisk tops the 2012 Global 100 and the United Kingdom leads countries with 16 companies on list.

 

Ceres Aqua Gauge Helps Investors and Companies Manage Water Risk

By Robert Kropp. As population growth and climate change make water risk management an issue for investors and companies to address without delay, the Ceres Aqua Gauge provides a framework for evaluating corporate strategies.

 

Harrington Investments Requests that Monsanto Report on GMOs

By Robert Kropp. The chemical giant refuses to allow a proxy to speak on behalf of the shareowner resolution at tomorrow's annual general meeting, and Harrington joins in call for demonstrations.

 

On Second Anniversary of Citizens United, Coalition Calls on SEC to Mandate Disclosure

By Robert Kropp. The Corporate Reform Coalition holds a press conference in which members express support for a petition requesting that the Securities and Exchange Commission establish rules mandating that public corporations disclose their political spending activities.

 

Shareowner Activists Urge Siemens to Quit Chamber of Commerce

By Robert Kropp. CtW Investment Group writes to the German industrial conglomerate, stating that its position on the Chamber's board is at odds with the trade association's efforts to weaken the Foreign Corrupt Practices Act.

 

Shareowners to Corporations: Say No to Political Expenditures

By Robert Kropp. Trillium Asset Management and Green Century Capital Management file resolutions with Bank of America, 3M, and Target, requesting that they refrain from making political donations.

 

Congressional Recipients of Oil Industry Money Overwhelmingly Support Controversial Pipeline

By Robert Kropp. An analysis by MapLight reveals that of the 118 House members who report the oil and gas industry among their top ten contributors, only two voted against legislation calling for construction of the Keystone XL pipeline.

 

Investors Vow to Address Climate Change even as Congress Fails to Act

By Robert Kropp. At the Investor Summit on Climate Risk & Energy Solutions, hosted by Ceres, institutional investors note progress in managing climate change in their portfolios, but warn that further action must be taken now.

 

Emerging Markets Investors Advised to Factor for Cost of Carbon

By Robert Kropp. SinCo and Trucost produce a report that identifies risks of a carbon tax to high-emitting companies, while analyzing the carbon footprints of South African equity funds.

 

EPA Launches Database of High Emitters

By Robert Kropp. 2010 greenhouse gas emissions data reveals that power plants were the largest stationary sources of direct emissions, with 96 of them among the 100 facilities reporting the highest levels of emissions.

 

Microsoft Says Worker Dispute at Foxconn Plant Resolved

By Robert Kropp. Suicide threats by protesting workers at Chinese manufacturing plant recalls 2010 deaths of workers at another Foxconn plant in China.

 

Investors Advised to Increase Climate-Sensitive Allocations and Engage with Companies and Policymakers on Climate Change

By Robert Kropp. Mercer follows up groundbreaking 2011 study of the economic costs of climate change with a survey of the climate change-related investment strategies of institutional investors.

 
 
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