Welcome to the special 150th edition of the award-winning GreenMoney Journal
At GreenMoney, we have been focused on Sustainable Business and Impact Investing since 1992. The articles and videos in the January 2020 issue are a selection of readers’ favorites, as well as some of our own from past issues. But first, we begin with an update to one of our most widely-read articles from Frank Coleman with his unique perspective on Facebook as they face another Moral Dilemma .
The big news this week for sustainability professionals: The publication of the much-anticipated annual letter to corporate chief executive officers by Larry Fink, Chair and CEO of BlackRock -- the world’s largest asset manager (with almost US7 trillion in Assets Under Management).
by Leslie Samuelrich, President of Green Century Funds
The climate crisis is precipitating a sustainable investment revolution, and I think that revolution will endure in 2020.
When the environmentally-responsible mutual fund company that I lead was founded in 1991, the average investor was not concerned about sustainability. Times have changed. Nearly 80 percent of respondents to a recent study said that they “love the idea of investing in companies that care about the same issues” as them. This isn’t just lip service.
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.
In 2019, the question of how to build and retain trust—among investors, regulators, customers, suppliers, civil society organizations, and the general public—is the most pressing challenge facing business.
by John Howell, Editorial Director & VP of Content, 3BL Media
We may be heading into the cold, dark days of winter, but my inbox has been glowing red-hot with a blast of news about sustainable finance. Updates are coming from every area of the category, from giant global entities to funds offering niche investment products, and services aimed at millennials and women. The volume and the variety of this news demonstrate that ESG-driven metrics are now becoming widely accepted as material factors in mainstream investment decision-making.
When Common Impact’s clients ask me what events they should attend to understand the next generation of CSR, employee engagement and for-purpose business, I always point them to the Shared Value Initiative (SVI). SVI held its annual summit this past week in the (finally sunny!) downtown NYC, where hundreds of business, investment and social sector professionals met to hear and discuss the latest in driving a social, environmental and
Does Wall Street finally care about sustainability? A noted sustainability author (Andrew Winston) muses about this in the pages of the influential journal for the C-suite – the Harvard Business Review. Yes, we think – more and more asset owners and managers are getting aboard the train...but there is work to do. And what about corporate boards and CEOs...”