New Sustainability Fund Launches on New York Stock Exchange

The fast-changing world of responsible investment has a new player: the ETHO ETF Fund. Just launched on the New York Stock Exchange, it claims to be the world’s “first broad-based, diversified, and fossil-free exchange traded fund without exposure to the energy sector,” reports Business Green. The Fund is made up of equities from the Etho Climate Leadership Index that lists 400 "climate-efficient" companies across various sectors. Parent investment management company Etho Capital says the fund will be available to all investors, from large institutions to university students investing for the first time. This innovative financial product is the latest exhibit in making the case for socially responsible investing that maximizes both sustainability and ROI.

John Howell, Editorial Director

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20 hours 6 min ago

(3BL Media/Justmeans) – Corporate ethics professor Stephen Brenner writes in The Journal of Business Ethics that all organizations have ethics programs, but most do not know that they do. A business ethics program must be made up of values, policies and activities that impact the propriety of organization behaviors. Ignoring ethical values or creating an environment of fear at the workplace can discourage employees from speaking up on ethical matters.

1 day 22 hours ago

(3BL Media/Justmeans) – World’s leading companies with a strong brand heritage and extensive presence across continents can leverage their power to transform the world for the better. They can drive sustainability not just in terms of mitigating their environmental footprint, but also by making a positive social and cultural impact in the communities where they operate.

2 days 4 hours ago

(3BL Media/Just Means) - Worldreader, an organization that promotes literacy worldwide, has released a report about its work in Africa that highlights how sustainable solar energy has helped improve literacy in parts of the continent.

3 days 16 hours ago

Water is necessary for life and it is necessary for business. The World Economic Forum Global Risks 2015 list ranked water crises, including drought, as the number one risk facing humanity. 

4 days 10 hours ago

(3BL Media/Justmeans) – The environmental footprint of global companies has an economic cost that affects their valuations and competitiveness. The risk of environmental damage increases when these companies have a substantial presence in emerging markets. Even institutional investors with significant exposure to emerging markets may have liabilities for unsustainable operations in the developing world.