There’s a lot of hand-wringing in the investment world today about the meaning of sustainable investing. Most asset managers have some sort of ESG initiative underway but they struggle to define it and why they’re doing it. Advisors want to offer it to clients but are often unsure how to talk about it. End investors […]
How Positive “Impact Bonds” Build on Strong Foundations
Praxis Mutual Fund shareholders expect us to invest with their values in mind. The Praxis Impact Bond Fund turned 25 this year and through the first half of the fund’s tenure we diligently focused on screening out holdings contrary to those shared values. In 2006, our eyes were opened by a public bond offering that […]
Trends in Sustainable, Responsible, and Impact Investing
$12 trillion and growing fast Welcome to GreenMoney’s January 2019 issue featuring the recently released “Report on US Sustainable, Responsible, and Impact Investing Trends”. Spend some time with these articles, based on the US SIF report, covering the multiple aspects of where the SRI industry has been and where it is headed. The numbers in the […]
The Year Wall Street Got Sustainable Investing
The latest insights from Amy Domini On October 23, 2018 the Financial Times published an article stating that Larry Fink, CEO of the world’s largest asset manager, BlackRock, had announced that “sustainable investing will be a core component for how everyone invests in the future.” He further explained that sustainable investing did not lead to […]
ESG Investing Outlook for 2019
Incorporating Environmental, Social and Governance factors Amidst all of the important improvements in ESG data, all of the thoughtful research reports, and all innovative new investment options, another, deeper trend has taken root. As we turn towards 2019, we see increasing evidence that systems thinking is becoming more prevalent and influential throughout corporations and the […]
Decarbonize, Decentralize and Democratize: Investing in a More Just Energy Future
By Jess Brooks, Chief Development Officer, Sunwealth SOURCE: GreenMoney Journal DESCRIPTION: The existing extractive energy economy isn’t working. Our dependence on coal, oil and gas contributes to global warming, the physical destruction of communities and pollution-related health issues which impact all of us – and disproportionately affect low-income people and communities of color. It’s not […]
50 Farms and No Regrets
Iroquois Valley Farms Organic Farmland REIT Iroquois Valley Farms has reached a milestone: This spring we added the 50th farm to our portfolio. Our farmland REIT — honored as a “Best for the World” company from B Labs — provides secure land tenure for 35 farm families working nearly 9,000 acres of farmland. More families […]
Engage the Chain: An Investor Guide to Engaging the Food Sector on Sustainability Risks
In April, Greenpeace released video footage showing that a palm oil supplier for major food companies, the Hayel Saeed Anam Group was destroying large swaths of rainforest in Indonesia, despite concerted efforts by industry stakeholders to stop forest destruction in palm oil supply chains. The repercussions for Hayel Saeed Anam Group are still unfolding, but recent […]
GreenMoney’s Annual Videos Issue on ESG & CSR
As the award-winning GreenMoney Journal ( http://GreenMoneyJournal.com ) wraps up its 25th Anniversary Year of publishing relevant news on sustainable business and impact investing, we bring you our 3rd Annual All-Videos Issue. We’ve selected films from innovative leaders in the interconnected worlds of Impact Investing, Corporate Responsibility and Environmental Sustainability. I hope you find them as […]
Investment Decisions That Impact Your Career
by Bonnie Foley-Wong, Founder, Pique Ventures and Pique Fund There are many paths to a career in impact investing. Some impact fund managers began their careers in traditional venture capital, whilst other investors have found success previously as entrepreneurs. I am an impact investor and I’m an entrepreneur in the impact investing industry. I found my […]
Gender Equality: With or Without the Federal Government
by Julie Gorte, SVP, Impax Asset Mgmt/Pax World Funds “The reputation of a thousand years may be determined by the conduct of one hour.” – Japanese Proverb There was a time in human history when size and strength were defining characteristics of a person’s value and of the jobs on which the clan’s survival depended. […]
Women in Finance: Plant Your Garden and Tend It
How finance could and should be a tool for good Though it seems incredible, we’ve learned that there are some among us who have managed to skate by, oblivious to the numerous and systemic obstacles women face in their professional lives. This year is shaping up to be a reckoning. But broad discussions of […]
Putting Our Feminism Into Our Finances
by Kristin Hull, Founder and CEO, Nia Impact Capital While many of us have been at this for a while now, 2018 is the year we stand to make significant progress in our efforts to bring more women into the financial fold. The #MeToo movement has brought attention to women’s equality everywhere from the red […]
Should Your Investment Strategy Incorporate a Climate Risk Discount?
Consider these three recent developments: California emerged from drought in April 2017, fewer companies reported impacts associated with water scarcity, and the average freshwater intensity of companies in the MSCI ACWI Index dropped by 15 percent between 2015 and 2016. While these are positive short term signals for investors concerned with water scarcity, 2017 was […]
Local Investing for Impact: A New Tool for Place-Focused Foundations
After decades of working at the intersection of community development, philanthropy and community economic development, we see a significant shift in how philanthropic assets are being used to build vibrant, prosperous communities. More and more place-focused foundations are seeking to complement their grant-making with local investments to create greater impact in their own communities. There’s […]
Investing Close to Home
with the Homewise Community Investment Fund By Laura Altomare, CFRM, Director of Communications and Development, Homewise Since our founding in 1986, we’ve helped over 14,000 households become more financially educated, 3,600 become homeowners, 2,100 make energy-efficient home improvements and emergency repairs, 600 refinance to more affordable mortgages, and we have built over 600 high-quality affordable […]
Community Impact Investing
From affordable housing, neighborhood revitalization, to small business development Community Capital Management, Inc. (CCM) is a registered investment advisor, headquartered in Weston, Florida, with offices in Boston, Massachusetts and Charlotte, North Carolina. The firm manages just over $2.4 billion, $2.1 billion of which is in the CRA Qualified Investment Fund (CRA Fund). “CRA” stands […]
SRI Is Growing up Right Before Our Very Eyes
What was once considered the limited domain of environmental and social activists has grown to become an established force in the capital markets that should be ignored at your own risk. The space is expanding and evolving at an accelerating rate, and this trend shows no signs of turning. Over the past few years, we […]
My 2018 Outlook by Amy Domini, Founder, Domini Impact Investments
As simplistic as it is, I believe that when attempting to predict the market action for the year ahead, it is necessary to first review the secular environment. Over the past century, our stock market has tended to take a staircase steps approach to progress. We see roughly 15 years of flat followed by roughly […]
It’s Monday Morning – Integrating Money, Business and Your Spiritual Life
It’s Monday morning, the beginning of a new week. The day starts with greeting the sunrise from our garden that faces to the East. A few minutes of taking in the energy that provides us so many benefits every day, and then some meditation, establishes the foundation for all else. Next is a stroll through […]
Reflections From a Field Builder: The Next 25 Years of SRI Investing
The Unstoppable Growth of Sustainable, Responsible and Impact Investing by Lisa Woll, CEO, US SIF: The Forum for Sustainable and Responsible Investment While offering the standard disclaimer that past performance is no guarantee of the future, I nevertheless offer some predictions for, and reflections about, the future of sustainable and impact investing. The field has […]
The Next Quarter Century’s Organic Marketplace: Insights from Stonyfield Farm’s Gary Hirshberg
In 1977, during the heyday of the emerging “alternative energy” movement, I attended a solar greenhouse conference where I remember one of our little tribe’s pioneers opined about how much less exciting the solar “revolution” was going to be when it finally went mainstream. “I know what’s going to happen,” architect Steve Baer of Zomeworks […]
The Future of SRI – Sustainable, Responsible, Impact Investing
by Matt Patsky, CEO of Trillium Asset Management Eight years ago I received the call asking me to consider joining Trillium Asset Management as CEO. Since that time, we have seen more interest than ever in the field of sustainable investing from a wide variety of institutions, mainstream money managers, and families often driven by […]
GreenMoney’s 25 Year Journey – Influencing Capital and Corporations
The inside story on the award-winning publication from its founder by Cliff Feigenbaum, founder and managing editor, GreenMoney Journal and GreenMoney.com Twenty-five years. Is that possible? Have I been publishing the GreenMoney Journal for 25 years? When I realized that 2017 was upon us, and that 25 years had passed, I knew it was time to take […]
SOIL – Slow Opportunities for Investing Locally
by Woody Tasch, founder, Slow Money I often refer to Slow Money as “the CSA of investing.” As with community-supported agriculture, our efforts revolve around informal, direct relationships and shared risk. Slow Money funding is flowing in a variety of ways in dozens of communities across the United States (and a few in Canada and France) — peer-to-peer […]
A Guide to Sustainable Farmland Investing
Healing People and the Planet by David Miller, co-founder and CEO, Iroquois Valley Farms We at Iroquois Valley Farms are pleased to announce a new corporate entity as we begin our 11th season of operations. In 2007 when we started the company, our idea was simple –growing healthy foods on organic soils would be good […]
How to Initiate a Local Foodshed Resilience Program
A Call to Action by Theo Ferguson; founder, Healing Living Systems and Stuart Valentine; founder, Centerpoint Investment Strategies Imagine you are seated on a patio in the Tuscan countryside. The fresh mozzarella coupled with sweet tomatoes, ripe from the warm sun, pairs beautifully with the garlic sourdough bread and crisp local wine. The setting […]
Momentum Grows for Gender Lens Investing
In the world of Sustainable and Impact Investing, few ideas have captured the imagination as quickly as Gender Lens Investing (“GLI”). In just the past few years, the number of Gender Lens solutions has grown rapidly. The premise of this approach is that every investment has a gender dimension and that understanding it uncovers […]
How Millennials are using Data to Power the Impact Investing Movement
by Sean Tennerson, Program Officer, The Case Foundation For those of you who know the Case Foundation, we’re bullish on the impact investing movement and the power of private capital for public good. While still a relatively small market, impact investments are surging, with some seeing a trillion-dollar market potential by 2020. Against that context, […]
Major Drivers and Trends in SRI Investing Growth
Sustainable Responsible Impact Investing Grows 33% in 2 Years In recent years, numerous trends have shaped the evolution and growth of SRI within US financial markets: Money managers increasingly are incorporating ESG factors into their investment analysis and portfolio construction, driven by the demand for ESG investing products from institutional and individual investors and by […]
Impact Investing in the Age of Fintech and Big Data
New impact investing platform harnesses technology, social networks, and scale to help investors, institutions and their advisors invest with purpose. The term “impact investing” as it relates to private debt and equity is nearly 10 years old, it has been a rarified concept for rank-and-file investors and even many institutions and advisors. Even those […]
Sustainable Investing and the Restoration of Community
The big news story of 2016 was the rise of Donald Trump. A very nasty campaign culminated in the election of a completely unsuitable and unqualified person to serve as President of the United States, in my opinion. There were signs that this was coming: the Brexit vote in the U.K., the refugee crisis in […]
Transformation at the Crossroads: Impact Investing in South Africa
South Africa’s Lessons for Impact Investors by Donna Katzin, Executive Director, Shared Interest, a social investment fund that mobilizes the financial and human resources of South Africa’s lowest income communities of color. Since 1994, Shared Interest has helped to create more than 180,000 new small and micro-enterprises, 1.9 million jobs, and 120,000 affordable homes – […]
Thoughts on Money, Meaning and Mission
How ESG, CSR and SRI Can Have Real Impact One of the most stubborn problems facing practitioners of responsible investing is the name game. Despite the fact that the practices of any one firm are almost universally accepted practices at all firms, we ourselves choose to confuse the public with a myriad of names. […]
The Smart Bet is on a Clean Energy Future
Power systems and the investment landscape are changing. Both at home and around the world, the ways that we produce and consume electricity and arrange fuel transportation are evolving. The many drivers of this transformation include public policy, consumer trends and demands, business models, and technological innovation. The ultimate outcome of the changes remains […]
Getting Our Hands Dirty: What’s Next in Sustainable Agriculture
Why Investing in Sustainable Agriculture is Vital to our Health and our Wealth Welcome to the new “Investing in Sustainable Agriculture” issue of the award-winning GreenMoney Journal. The issue feature numerous insightful articles on the current state of and the future of Agriculture. The four top articles are: • Organic Economics In A World […]
A New Look at CSR – Corporate Social Responsibility (All-Videos issue)
To begin its 24 year of publishing on sustainable business and investing – the award-winning ‘GreenMoney Journal’ launches its first-ever all Videos issue on “CSR – Corporate Social Responsibility” (May 2016). The videos featured Biomimicry expert Janine Benyus; Patagonia’s founder Yvon Chouinard; Casey Gerald of MBA’s Across America; Marine Biologist and explorer Sylvia Earle; Former VP Al Gore; Judith […]
Are You Ready to Invest in Women?
By Kathleen McQuiggan, Senior Vice President of Global Women’s Strategies for Pax World Management LLC and Managing Director of Pax Ellevate Management LLC Imagine walking into your first Wall Street job, fresh out of college, ready to take on the world. That was me twenty-five years ago when I boldly entered the world of […]
The Conundrum of Women and Investing
Are Women Better Investors then Men? By Amy Domini, founder of Domini Social Investments and partner in The Sustainability Group As I was working on this article, the old Buffalo Springfield lyrics kept buzzing through my mind. “There’s something happening here; what it is ain’t exactly clear.” The more I looked at actual research […]
Women and Millennials Drive Growth in Responsible Investing
How the Transfer of Wealth is Transforming Wall Street by Lynne Ford, Executive Vice President, Calvert Investments Three important trends are already changing the asset management industry, and are poised to become even more important in the coming years. First, based on their spending and earning power, women now represent a growth market bigger […]
Financial Markets and the Making of Climate Resilience
The Huge Capital Shift That No One Saw Coming The year I turned 26, scientists measured atmospheric concentrations of Carbon at 400 ppm for the first time in recorded history. According to former NASA scientist James Hansen, “If humanity wishes to preserve a planet similar to that on which civilization developed and to which […]
The Regenerative Generation – A Young Rockefeller Speaks
The Regenerative Generation by Christopher Lindstrom, Co-founder of Catalyst Bioenergy Group and the great-great grandson of John D. Rockefeller As I write this COP21 meetings are over, having culminated with a commitment to keep the planet’s temperature rise to 1.5 degrees Fahrenheit. However, the path to achieve this goal is still vague with many questions […]
How Millennials Think About Money and Investing
Impacting the Next Generation Without a doubt we, the Millennial Generation, believe that we can change the world. There is a “change agent” in each and every one of us. How do I know? Well, becaus we are different. Huge economic, cultural, and social shifts have changed our view on the world, and as […]
Millennials: A Generation Forging a New Economic Path
The Millennial Generation has been a source of much debate in recent years. Commentators seem to disagree passionately about what the ultimate legacy of this generational cohort will be. Will Millennials answer the call and step up to solve some the pressing environmental and social challenges of our time? Or will they confirm the beliefs […]
Community Development & Revitalization – How It’s Done
A Dialogue on Community Development and Impact Investing: Featuring Ron Phillips and Ellen Golden of CEI Ron Phillips is the founding CEO of Coastal Enterprises, Inc. (CEI), the Community Development Corporation (CDC) and Community Development Financial Institution (CDFI) based in Maine. He will be stepping down from CEI in July 2016 after 38 years. Ellen […]
Morgan Stanley’s Sustainable Investment Themes 2016
Sustainable Investing Themes for 2016: ESG Integration, Climate Change and Inequality by Audrey Choi, CEO of Morgan Stanley’s Institute for Sustainable Investing Sustainable investing is gaining momentum and increasingly taking its place at the center of mainstream investment conversations. We believe we are at a critical moment of sea change where integrating environmental, social and […]
Responsible Investing Provides Careers for Women
Finding Real Opportunities to Succeed I recently attended the PRI in Person conference on the Principles for Responsible Investment held in London last September and came away quite impressed. While I came away with plenty of new information to digest, and more than a bit overwhelmed, the reoccurring theme that stood out was not […]
Fixing a Flaw in the Financial Sector
Women & the Future of Wall Street For much of my life, I have found myself inadvertently combining two elements that don’t always sit naturally together. For example, trying to balance the demands of parenthood alongside the demands of work, or bringing my Indian roots together with US culture to ensure my children enjoy […]
Investing ‘With’ Her and Her $28 Trillion of Wealth
By 2030 Women will control 2/3 of the private wealth in the US In 2001, at the age of 40, I became the CEO of Deutsche Bank’s $50B North America Private Wealth Management division, where among 200 executives across the Bank, I was the only woman. As I had done for the majority of my […]
Why Investing in Women Pays Off
What do the studies demonstrating the value of having women in leadership positions mean for those of us in the field of impact investing? For starters, it is helpful data to concretely back up what many of us already know from our experience – women can be strong leaders, communicators, problem-solvers and staff managers who […]