Learn how endowments, faced with increasing pressure from students, can get started on the path to holistic sustainable investing.
by Emily Lawrence, director of sustainable investing for the institutional client group, and Sharee Zlatkova, investment associate for sustainable investing for the institutional client group
University endowments are starting to take sustainable investing seriously, not only because students are urging them to but also because we think it’s proving to be good investment practice. For endowments looking to get started — or to expand upon their sustainable practices — here are three ideas to consider.
November 12, 2019 /3BL Media/ - The economist Milton Friedman famously said that “the social responsibility of business is to increase its profits”. Nearly 50 years since Friedman introduced his theory change is now afoot. ESG information on companies is being utilised as a guide to the movement of capital. ESG is becoming mainstream.
The big news of this week: The USA is now “officially” withdrawing from the Paris Accord on Climate Change. The one-year countdown to “USA out” is now underway.
In 2015 as the representatives of almost all of the nations of the world gathered in Paris, France for “COP 21” (or “the UN Climate Change Forum, the 21st yearly meeting of the Conference of Parties), an important agreement was reached: the 196 nations would work together to attempt to limit global warming to below 2-degrees Celsius (3.5-degrees Fahrenheit) – or at least to not above 1.5C (2.7F).
BALTIMORE, November 6, 2019, /3BL Media/ - Legg Mason, Inc. (NYSE: LM) has redefined its approach to corporate social responsibility (CSR) by focusing on six dimensions that are central to the company’s mission of Investing to Improve Lives™
"We have long recognized that CSR plays a vital role in our mission. Today’s announcement signifies our focus on six areas in which we believe we can build momentum and make a meaningful difference,” said Joseph A. Sullivan, Chairman and CEO of Legg Mason.
Climate Change and Corporate Reporting – the two terms are increasingly coupled now as many more investors and stakeholders are requesting information from publicly-traded companies about their awareness of, and strategies & actions for addressing the many risks posed to the enterprise by climate change.
Important sea change: many more investors are now asking companies for information about their preparation for climate change and some, demanding a report if none has been issued.
This is the second of two articles formGreenMoney's new International ESG and SRI investing issue featuring short profiles on a number of the International SRI Mutual Funds, which invest in companies outside the United States. The information below comes from each Fund and is subject to change. We have included their website links for you to look up the latest information including Company Holdings, Country Allocations and Financial Performance.
This is the first of two articles from GreenMoney's International ESG/SRI Investing issue featuring short profiles on a number of the International SRI Mutual Funds, which invest in companies outside the United States. The information below comes from each Fund and is subject to change. We have included their website links for you to look up the latest information including Company Holdings, Country Allocations and Financial Performance.
ALEXANDRIA, Va. and KATONAH, N.Y., October 18, 2019, /3BL Media/ – ecountabl, Inc., the technology company that helps Americans live up to their values in daily life, and CSRHub, a leading provider of corporate social responsibility (CSR) information, announced they have signed a license agreement that facilitates the use of CSRHub’s best-in-class CSR information in ecountabl’s groundbreaking consumer financial technology platform.
GRI agrees MoU with Ministry of National Development
October 16, 2019 /3BL Media/ - GRI has signed a collaboration agreement with the Indonesian Government that commits to support and provide the reporting frameworks for the country’s commitments to the UN Sustainable Development Goals (SDGs).
This Memorandum of Understanding (MoU) marks the commitment of Indonesia’s Ministry of National Development Planning (BAPPENAS) in promoting the contribution of the private sector in achieving the 2030 Agenda.