The Global Impact Investing Network (GIIN) has published the seventh edition of its Annual Impact Investor Survey report, which shows continued progress in the dynamic impact investing industry, officially established only 10 years ago. The survey sample size and reported assets under management are the largest ever, illustrating the growth and growing engagement of the […]
Strategic ESG Investing Yields Higher Returns
(3BL Media/Justmeans) – A study of the performance of companies on Fortune’s “100 Best Companies to Work For” list from 1984-2009 has found that stocks of these companies outperformed benchmarks by two to three percent per year. Therefore, ESG investors are increasingly seeking out sustainable companies, believing they will deliver better returns. The strategy is […]
Rockefeller funds Startup to Build Nonprofit ETFs
(3BL Media/Justmeans) – The estimated annual funding gap needed to achieve the UN Sustainable Development Goals (SDGs) in developing countries alone is about $2.5 trillion. Global philanthropic funds and other aid agencies must pursue innovative finance solutions to attract more private capital for projects to create a more resilient and inclusive world. The Rockefeller Foundation […]
Morgan Stanley Survey Finds Interest in Sustainable Investing Stronger than Ever
Investor Survey shows awareness and interest in sustainable investing continuing to climb steadily – 75% of individual investors and 86% of Millennials are interested in sustainable investing Three-quarters of active individual investors and 86% of Millennial active individual investors describe themselves as interested in sustainable investing, according to a new survey published today by the […]
Responsible Investing — Principles, Pillars and Progress
Guest blog by John Streur, Calvert The responsible investing movement that we have started and shaped has reached the end of the beginning, with a broad and strong foundation that will evolve to provide the superstructure of our society’s continuing struggle to address and solve its greatest challenges. Our efforts are working, and we are […]
Talking Sutainability Strategy and Governance with Dave Garofalo, President and CEO
Goldcorp’s 2016 Sustainability Report was recently published, reaffirming our dedication to our vision of Together, Creating Sustainable Value. Throughout the year, we adopted important optimization measures across the organization; our commitment to sustainability remains unwavering. Dave Garofalo, Goldcorp’s President and Chief Executive, looks back on the strategic and governance aspects of the year and the […]
Responsible Investment Adds “Social Bonds” to Ethical Finance Products Glossary
Add this term to your socially responsible investing vocabulary: “social bonds.” These are financial products aimed at addressing social issues such as access to education, crime, homelessness, and helping underserved communities and disadvantaged children. This market is small—just $3.5 billion of social bonds were issued in Q2 of this year—but the market is booming, according […]
Sustainable Investments Delivering Higher Returns in the UK
(3BL Media/Justmeans) – Sustainable or ESG investing originally broke ground when fund managers began actively engaging with companies and started voting down inefficient governance decisions. Firms with weak ESG commitments started getting excluded from fund investment portfolios. The asset managers eventually began handpicking companies with a strong focus on ESG factors and socially responsible and […]
G7 Backs Sustainable Finance Movement to Achieve Climate Goals
(3BL Media/Jutmeans) – Sustainable finance is a rapidly accelerating global movement. Countries from China to France and the UK have launched initiatives to boost flows of private capital for climate and sustainability. The value of investment assets committed to the Principles for Responsible Investment is now over $73 trillion. The sustainable finance movement has now […]
Rising Green Bond Market Supports Eco-Friendly Projects
(3BL Media/Justmeans) – Green bonds are debt instruments designed to finance environment-friendly projects. With most of the world now more strongly aligned on tackling climate change, governments and institutions are increasingly recognizing the potential of the green bond market as a significant transformational force to achieve carbon-reduction goals. According to Bloomberg New Energy Finance, the […]
Investment Platform for Women, Moxie Future, Launches – The Minute
A newly launched website is billing itself as the world’s first responsible investment platform for women. Moxie Future was started to “fill the gap in the market” for information and support for women who want to invest for good returns while doing good. Its founder, Jessica Robinson, is an advisor to the United Nations Principles […]
ImpactUS Opens Impact Investing Platform
Financial technology provider and FINRA member broker-dealer ImpactusUS has announced the onboarding of the first issuers to its impact investing platform, ImpactUs Marketplace. The Marketplace is a community-driven, full-service platform offering institutions, individuals and financial advisors an extensive range of private impact investing opportunities. Currently, ImpactUs Marketplace has products only for accredited investors but hopes […]
Meet Some of the Speakers Lined Up for Intro to ESG, Sustainable & Impact Investment Training
Hosted by Zicklin School of Business at Baruch College/CUNY on June 15th June 2, 2017 /3BL Media/ – For professionals in the capital markets, and in the corporate sector, G&A Institute and Global Change Associates are teamed to present a one-day professional training program, hosted by Zicklin School of Business at Baruch College/CUNY, in midtown […]
European Companies Align Business Goals with UN SDGs
(3BL Media/Justmeans) – The UN Sustainable Development Goals (SDGs) provide not only a vision for the world, but from a business perspective, they are also a roadmap to shareholder value. SDG engagement is therefore part of all of future business models in one way or another. Policy-makers need to support them and create an enabling […]
WHEB Delivers Growing Financial Returns with Impact Investing
(3BL Media/Justmeans) – Impact investing now accounts for about $150 billion of assets under management and is doubling approximately every two years. This increased scale has moved impact investing beyond a niche practice confined to the activities of foundations and philanthropists, to a broader range of asset classes and a wider group of investors than […]
Morgan Stanley and The Economist Intelligence Unit Release New Index to Support Investment in Inclusive Growth
Inclusive Growth Opportunities Index helps investors identify technology investments in thematic areas to overcome inequality and enable broad-based participation in economic progress May 19, 2017 /3BL Media/ – Today the Morgan Stanley Institute for Sustainable Investing announced the Inclusive Growth Opportunities Index, a report and interactive tool for investors to explore technology-based opportunities that support […]
Nestlé Waters North America Announces $6 Million Investment in Closed Loop Fund
Joins with Other Leaders to Jump-Start Recycling Programs across the United States May 22, 2017 /3BL Media/ – Nestlé Waters North America today announced it is investing $6 million as part of a shared effort among business, government and community partners to fund comprehensive recycling infrastructure and programs in cities across the United States. Nestlé […]
BSR Announces Global Event for Collaboration and Action on Sustainable Business
(3BL Media/Justmeans) – The Paris Climate Agreement and the UN Sustainable Development Goals have provided a clear roadmap for a just and sustainable world. These profound developments are causing positive business disruption, and compelling companies to closely evaluate changing consumer expectations, investor demands, and competitor behavior. To address this moment of global change, BSR has […]
Morgan Stanley Investment Management Raises More Than $125 Million for its First Global Impact Fund
May 17, 2017 /3BL Media/ – Morgan Stanley Investment Management has raised more than $125 million in final commitments for its first global impact fund, PMF Integro Fund I (“Integro” or the “Fund”). Launched in partnership with the Morgan Stanley Institute for Sustainable Investing (the “Institute”), Integro invests in private equity funds that offer the […]
CSRHub’s Bahar Gidwani Speaking at CSR Certificate Program at Rutgers
Joining Outstanding Faculty for Spring CSR Certificate Course May 16th and 17th at Rutgers University Business School On May 16th and 17th, the Rutgers Institute for Ethical Leadership and Governance & Accountability Institute present the Spring 2017 CSR Certificate Program for corporate managers, not-for-profit and foundation managers, and others interested in career opportunities and advancement in the fields of […]
Over 200 Global Investors Urge G7 to Stand by Paris Agreement and Drive its Swift Implementation
Long-term institutional investors representing more than USD 15 Trillion in assets have written to G7 heads of state urging governments to stand by their commitments to the Paris Agreement at their upcoming Summit in Taormina, Italy on May 26-27. See the attached documents to read the briefing paper and global investor letter to G7 and G20 […]
NRG Powers Global Sustainability with Innovation and Transparency
(3BL Media/Justmeans) – In 2016, the number of Fortune 500 companies committing to 100 percent renewable power grew to 87. For the first time in history, natural gas surpassed coal as the leading source of power in the US, and solar became the cheapest source of new power in many parts of the world. As […]
Sustainability Leaders Issue Call-to-Action to CEOs
The PRI and the UN Global Compact call for more sustainability around Corporate Pensions New York, 20 April 2017 /3BL Media/ – The leaders of the world’s two largest corporate and investor sustainability initiatives today called on CEOs to ensure their corporate pension plans – an untapped sustainability area – adopt responsible investing policies – highlighting concrete benefits […]
Where Are You On the Spectrum? (Of Impact, That Is.) Inspiring Capital Defines the Shades
(3BL Media and Just Means)—Corporate social responsibility. Philanthropic giving. B Corps, employee-owned cooperatives, nonprofits, and all the models in between. The world of sustainability boasts more flavors than Baskin Robbins, more hues than a brilliant rainbow. As Nell Derick Debevoise, the founder and CEO of Inspiring Capital, has coined it, the expressions of sustainability in […]
Banking on the Community: Why Barclays is Giving Space to Credit Unions
It may seem counter intuitive for a bank to give free office space, training and support to another finance provider. But that’s exactly what Barclays branches in Essex are doing – in a pioneering partnership with a not-for-profit credit union. Under the scheme, high street branches across the county now host a weekly volunteer […]
Socially Responsible Investments Rising Globally: GSIA Report
(3BL Media/Justmeans) – The market share of sustainable investing has grown across almost all regions of the world since 2014. Globally, there are now $22.89 trillion of assets being professionally managed under responsible investment strategies, representing an increase of 25 percent over two years. Clearly, sustainable investing now constitutes a major force across global financial […]
GRI is Strengthening Ties with the Investment Community
Tim Mohin, Chief Executive of GRI and James Zhan, Director of the Investment and Enterprise Division at the UN Conference on Trade and Development (UNCTAD), met at the GRI Standards launch event in Zurich for the signing of an Exchange of Letters on Wednesday 29 March. Having signed a Memorandum of Understanding already in 2008, […]
CSR: How Fortune 500 Companies Measure Up
See Top Ten Fortune 500 Companies It is well documented that CSR practices are both an emerging and rapidly expanding set of standards for 21st century corporations. As $30 to $40 trillion shifts hands from the current generation to the upcoming millennials over the next few decades, there are markedly different standards that companies must […]
Toniic Releases Groundbreaking T100 Report on Impact Investing
Toniic, a nonprofit global impact investor network, has launched T100, a groundbreaking new report on the state of impact investing. The report shows that 100% values alignment with capital is possible, investments can realize impact across all asset classes, and the range of impact investments is much wider than previously understood. Furthermore, T100 underscores the […]
CSRHub Adds a New Major Source– Ideal Ratings
March 21, 2017 /3BL Media/ CSRHub recently added a major new source to its pantheon of ratings partners—Ideal Ratings. Ideal Ratings seeks to provide ESG data to Socially Responsible Investors (SRIs). This is similar to the target market for our long-time friends at ET Global Indexes, IW Financial, MSCI, RepRisk, Thompson’s Asset4, Trucost and Vigeo EIRIS. However, […]
Scotia iTRADE Announces Canada’s First Sustainable Investing Tools for Direct Investors
New tools make Environmental, Social & Governance (ESG) insights available to Canadian retail investors TORONTO, March 20, 2017 /3BL Media/ – Scotia iTRADE® today announced Canada’s first sustainable investing tools for direct investors. The new tools provide detailed environmental, social and governance (ESG) data, which looks at individual companies’ corporate practices. Canadian direct investors consider […]
World Bank Launches World’s First SDG Bonds
(3BL Media/Justmeans) – The UN Sustainable development Goals (SDGs) have emerged as an integrative framework that gives a cohesive direction to sustainable actions of companies, investors, nonprofits, development organizations, and governments. Innovative fund-raising solutions are necessary to implement these global goals, particularly in the developing economies. To fund the expansion of SDGs, the World Bank […]
CECP CEO Investor Forum Shows a Shift towards Long-Term Thinking
(3BL Media/Justmeans) – CEOs have a key responsibility to ensure that sustainability goals are incorporated into their long-term business strategy. The approach of short-termism is detrimental to their business interests, particularly as consumers, investors and other stakeholders increasingly expect businesses to become a force for societal change and create a long-term legacy. The inaugural CECP […]
ESG Investors Energized by Regulatory Rollbacks
Regulatory rollbacks, along with proposals to cut the regulating EPA’s budget by 24% and its staff by one-fifth, have energized values-driven investors. Since the November election, ESG investors have put $383 million into ESG stock funds, according to EPFR Global, quoted in a recent Barron’s article. Barron’s says ESG factors “could prove especially useful in evaluating companies […]
Benevity Nonprofit Community Council Reinforces the Critical Role Companies Play in Achieving Positive Societal Outcomes
Calgary, AB, February 22, 2017 /3BL Media/ — Benevity, Inc., the global leader in online workplace giving, matching, volunteering and grant management solutions, hosted the Benevity Nonprofit Community Council meeting on February 7, 2017 in Palm Springs, to discuss the ever-increasing importance of companies supporting their employees as a vehicle for achieving positive societal outcomes. Among […]
Investors with $685B in Assets Highlight Risks for Banks with Ties to DAPL
(3BL Media/Justmeans) – The financial crisis of 2008 was marked by an excessive focus on short term profits, aggressive acceptance of higher risks, and an erosion of trust between institutions and consumers. The positive outcome of that crisis has been a growing recognition of values-based investment decision criteria, and an increasing consideration of ESG issues […]
Global Impact Investing Network Measures Progress by Strong Management Practices
The Global Impact Investing Network is a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing around the world. The GIIN builds critical infrastructure and supports activities, education, and research that help accelerate the development of a coherent impact investing industry. As impact investing continues grow and open up to new audiences, […]
Impact Investment Funds Adopt Diverse Approaches to Promote Sustainability
(3BL Media/Justmeans) – Increasing demand for a more socially responsible, purpose-driven finance has led to the emergence of innovative approaches to impact investing. Although impact investing began many years ago as a niche activity practiced by large philanthropists, it is now spearheaded by a wide range of impact investment funds that are committed to the […]
Venture Capitalists Focus on ESG-Driven Investments
(3BL Media/Justmeans) – A Venture Capital Trust (VCT) is a type of publicly listed, tax-advantaged investment fund in the UK, designed as a way for individual investors to gain access to VC investments via capital markets. In recent years, VCTs have increased their focus on socially responsible investments that take environmental, social and governance (ESG) […]
Financial Professionals Dig Deeper into SRI
As socially responsible investing grows in popularity, experienced investors are looking deep into the details of investing in values without sacrificing performance. A recent article on Seeking Alpha by TDP Research outlines an investment professional’s experience with SRI, including a description of some very detailed criteria. One tip: this advisor focuses on stocks included in […]
Bloomberg Financial Services Gender-Equality Index Reveals Global Progress
Bloomberg today announced the 2017 Financial Services Gender-Equality Index (BFGEI), providing investors and organizations with unique insight into the statistics, policies, product offerings and external engagement driving 52 firms’ commitment to building gender-equal workplaces. Bloomberg also introduced a Fixed Income Gender-Equality Index, representing investment grade debt issued by the 2017 BFGEI member firms. “Companies […]
TD Securities Acts as a Joint Lead Manager for Largest Green Bond Issuance in Canada
February 2, 2017 /3BL Media/ – On January 26, 2017, TD Securities acted as a joint lead for the Province of Ontario’s third – and largest – green bond. At $800 million this is the largest issuance of a Canadian dollar green bond to date. Over the last seven years, the growth of the green […]
World’s Stock Exchanges Launching Sustainability Reporting Standards
(3BL Media/Justmeans) – Sustainable reporting has come of age. The UN and the nonprofits are no longer the only ones advocating sustainability reporting, and the markets themselves are demanding it. When companies report on sustainability issues, they also tend to act more sustainably. Market analysts increasingly point toward a positive correlation between sustainability commitment and […]
Major ESG Trends to Impact Capital Markets in 2017
(3BL Media/Justmeans) – The beginning of 2017 marks an inflection point for institutions that want to investfor the long-term. Investors and policy makers have increasingly advocated against short-termism. Institutional investors can manage economy-wide risks more effectively through collaborative engagements that strengthen market standards in environmental, social and corporate governance (ESG) areas. MSCI has published a […]
Sustainable Investing Gains Wider Acceptance
(3BL Media/Justmeans) – Sustainable investing essentially involves putting money into companies that are committed to integrating their business goals with the larger environmental, social and corporate governance criteria. Investors strive to make their investments deliver competitive returns apart from making a positive social impact. From 2012 to 2014, the total U.S.-domiciled assets under management using […]
Innovative Digital Platforms Offer Values-Based Investing
Rising demand for sustainable investing advice has resulted in new, specialized digital platforms that match values with analytic data. Three firms—OpenInvest, Earthfolio, and Grow Invest—offer easy entry into socially responsible investing with minimum amounts ranging from $1 to $25,000, according to Investment News. Investment that includes ESG factors in decision making is a growing market: a […]
ESG Considerations Becoming More Important for Investors
(3BL Media/Justmeans) – Socially responsible investing (SRI) originally began by screening out ‘sin stocks’ such as tobacco and gambling. But over the years, SRI has evolved with deeper integration of environmental, social and governance (ESG) risks and opportunities into investment analysis. Thematic ESG investing now focuses on areas such as climate change and water scarcity, […]
Investing in Sustainable Cities to Spur Economic Growth
(3BL Media/Justmeans) – In the next 15 years, more than two-thirds of total investment infrastructure will be made in cities. By 2050, about 66 percent of the global population will live in urban regions. Africa alone will have about 800 million more people living in cities than today. The gap between the supply and demand […]
A Proxy For The Next Generation
ESG issues and fiduciary duties are not mutually exclusive. We spoke to Michael Judin about the nature of fiduciary duties in the 21st century. What became clear is that ESG issues and fiduciary duties are not mutually exclusive. Robert: In their published report Fiduciary Duty in the 21st Century, the UN Principles of Responsible Investment (UNPRI), United […]
Top SRI Investment Stocks of 2016: A Sampler
NASDAQ has announced some of the best socially responsible investing stocks of 2016, according to the Motley Fool financial advisory. The criteria was simple: companies that outperformed the market while committing to CSR values. Among the top picks are Microsoft (YTD return: 10.6%), Johnson Controls (38.8%), Facebook (12.7%), and UnitedHealthGroup (35.5%). Not surprisingly, these companies show […]