by Ebony Perkins of UHC and formerly with Self-Help Credit Union
Investors are also strategically using their investments to support communities that are currently experiencing the direct effects of climate change in their everyday lives. Community development financial institutions have received a surge of investments in the last decade. Yet, investments in community investing institutions are still only 1.6% of the $16.6 trillion in ESG incorporated assets. Many communities are in crisis mode as they face mounting health issues and even death because of climate change.
by Lori Keith, the Director of Research at Parnassus Investments and Portfolio Manager of the Parnassus Mid Cap Fund
ESG strategies are rapidly gaining popularity as interest in supporting companies that manage their carbon footprints, invest in their employees, and promote diversity surges. As more and more funds claim the ESG label, how can investors effectively decide which investments are genuine?
Avoiding Investments that Masquerade as ESG Choices
January 25, 2022 /3BL Media/ - Public support is overwhelming for the U.S. Department of Labor’s proposed rule addressing the consideration of environmental, social, and governance (ESG) criteria and allowing proxy voting in retirement plans, according to a new report by the Ceres Accelerator for Sustainable Capital Markets, US SIF: The Forum for Sustainable and Responsible Investment, and Environmental Defense Fund.
Today, in our current political and social environment, the demand to invest in undercapitalized Black and Brown communities resonates with particular urgency – and for good reasons. In the U.S. alone, white families have accumulated seven times more wealth than Black families and five times more than Latinx families, and during the pandemic twice as many Black-owned as white-owned businesses have been forced to close.
by Frank Coleman, former investment professional and founder of BeingFrank Consulting
On December 31, 2019, I retired from a 33-year career in the investment business. I have a pension, own a home and a new business and have savings that will carry me thru my remaining years in comfort.
The US SIF Foundation's Trends Report conducted research on 530 institutional asset owners with $6.2 trillion in ESG assets, equivalent to 51 percent of the $12.01 trillion that money managers identified as institutional assets. Because money managers do not disclose information about their institutional clients, the data received from our direct research of institutional investors shows how and why they incorporate ESG criteria into their investment analysis and portfolio selection.