by Amy Domini, Founder and Chair of Domini Impact Investments (Amy is widely recognized as the leading voice for socially responsible investing.)
Globally, socially responsible investing is flourishing. Almost as importantly, it means the same thing around the world. I begin with some recent quotes, which I noted over the past few weeks:
• Datuk Muhamad Umar Swift, CEO of Bursa Malaysia, “As a frontline regulator and market operator, we want to provide an environment that encourages sustainable practices among our market participants.”
Listen to this latest episode of "The ESG Beat", recorded with Professor Amelia Miazad for the Sustainable Capitalism course at University of California, Berkeley - School of Law. Featuring CECP's own Brian Tomlinson, Director of Research, CEO Investor Forum, the talk ranges from Reg FD, stakeholder capitalism, long-termism, ESG, mega-trends and materiality, and ESG and the Earnings Call. Click here to listen!
This has been a strange summer in the northern climes, as the corporate sector and capital markets players meet the challenges of the corona virus, economic downturn, and civil protests.
In times of crises (and we have at least three major crisis situations occurring all at once to deal with this summer) certain actions may take a back seat. Not so with forward movement of corporate sustainability and ESG/sustainable investing in summer 2020.
Following the release of Gildan’s 2019 ESG report, the Company revisits some of the progress it has made towards its focus around Creating Stronger Communities, which serves as the final of three pillars behind its Genuine Responsibility® strategy.
Taking action towards sustainable consumption and production
Circular economy ideas and models could be used to transform businesses, boost future job creation and help societies to achieve the United Nation’s Sustainable Development Goals (SDGs) for 2030. Herbalife Nutrition is taking steps towards sustainable consumption and production. They are working on several fronts to address this issue, through corporate initiatives and through the job our independent small business owners do every day within their communities in 94 countries across the world.
Clarion Partners Believes Property Competitiveness and Sustainability Go Hand-In-Hand
NEW YORK, August 13, 2020 /3BL Media/– Clarion Partners LLC, an independent investment manager of Franklin Templeton, has issued its annual report on the firm’s substantial environmental, social and governance (ESG) initiatives. In addition to being a leading commercial real estate investor on behalf of its clients, Clarion strives to own and operate buildings that provide tenants with healthy and efficient spaces while actively embracing, promoting and supporting impactful initiatives that advance the firm’s key values of diversity, respect, inclusion and sustainability.
August 11, 2020 /3BL Media/ - Bloomberg today announced the launch of propriety ESG scores. This initial offering includes Environmental and Social (ES) scores for 252 companies in the Oil & Gas sector, and Board Composition scores for more than 4,300 companies across multiple industries.
Aug. 26 event provides solutions for ESG storytelling in face of earned-media recession
NEW YORK, August 11, 2020 /3BL Media/ -- As corporate communications leaders plan for 2021, it is clear that the new normal involves less reliance on earned media and a strengthened ability to reach key stakeholders directly with content demonstrating leadership on social, environmental and governance (ESG) issues.
August 5, 2020 - In June, Freeport-McMoRan Inc. (FCX) announced the publication of its 2019 Annual Report on Sustainability, “Building on Strength.” This report details the company’s long-standing commitment to manage responsibly our environmental, social and governance (ESG) performance. FCX is committed to prioritizing the health, safety and well-being of its workforce and host communities, meeting the highest standards of environmental stewardship across its operations, and respecting human rights in all of its business practices.
Two heavyweights in the corporate reporting frameworks/standards arena have announced intentions to move closer to help promote “clarity and comparability in the sustainability landscape” – GRI and SASB.
The two organizations just announced a collaborative work plan to demonstrate how some companies have used both sets of corporate ESG reporting standards…together -- and lessons to share for reporters.