The growing number of funds, tools, mechanisms and markets helping organizations, investors and the public put their money where their mouth is to drive sustainable change
With the backing of a group of impact investors, Singularity University, a global community with a mission to educate, inspire and empower leaders to apply exponential technologies to address the world’s most pressing challenges, has launched SU Ventures, a program designed to address the more long-term needs of impact-focused startups. Read More...
Earlier this year, JetBlue released its 2016 environmental and sustainability report, accompanied by a white paper produced according to the Sustainability Accounting Standards Board (SASB) standard for the airline industry, which covers material environmental, social and governance (ESG) information of interest to investors. Read More...
Fairphone, a social enterprise and modular smartphone producer spurring a paradigm shift in the technology industry, has secured €6.5 million to scale up its mission to make fair, responsible electronics mainstream. The investment will enable Fairphone to continue innovating in the areas of material sourcing, production, distribution, recycling and product longevity. Read More...
Reprinted with permission. This article was originally published in the 25th Anniversary issue of GreenMoney Journal. Read More...
Earlier this week, French beauty giant L’Oréal announced that it has concluded the sale of The Body Shop to Brazilian sustainable personal care group Natura Cosmeticos. Read More...
Part Five in a 10-Part Series by Reporting 3.0. See previous parts below. The 2013 launch of the Integrated Reporting <IR> Framework from the International Integrated Reporting Council (IIRC) swung a double-edged sword through the disclosure field: Read More...
As socially progressive investors, we perform our own due diligence when we consider a company and its ethical, moral and social standing before it is added to our portfolio. Investors must ensure that they properly vet their investments on a large set of data and criteria. This is especially relevant as socially responsible investing (SRI) – directing capital toward companies limiting negative environmental impact and progressing social goals – continues its evolution into the mainstream. Read More...
To help companies assess exposure to evolving regional carbon-pricing mechanisms, Trucost, which is part of S&P Dow Jones Indices, has launched the Trucost Corporate Carbon Pricing Tool. Read More...
Certified B Corporation Thread is taking its commitment to end poverty by creating dignified jobs and responsible, high-quality fabrics to the next level with the announcement of a partnership with nonprofit Kiva. The startup, which transforms plastic bottles from the streets and canals of Haiti and Honduras into responsible fabrics, has used Kiva’s direct-to-social enterprise loan program to raise $10,000 for its zero-interest micro-loan program. Read More...
This week, TruValue Labs unveiled its ESG Momentum™ score – the first ESG indicator that leverages artificial intelligence, big data and the Sustainability Accounting Standards Board’s (SASB) materiality framework – as part of its Insight360™ suite of products. The score reveals the positive or negative direction, or trend, of ESG performance based on daily data. Read More...
Bringing together financial institutions, investors and intermediaries to continue catalyzing the impact investing moment, the U.S. Impact Investing Alliance has launched its expanded network of impact investing leaders. The Alliance was founded last year by representatives from philanthropy, business and finance to drive impact investing in the U.S. by increasing awareness, fostering deployment of and demand for impact capital across asset classes globally and partnering with policymakers and other stakeholders to build the impact investing ecosystem. Read More...
Recently, on National Insurance Awareness Day, I reflected on the previous week, when California Insurance Commissioner Dave Jones keynoted at the Environmental Entrepreneurs (E2) lunch meeting. Read More...
Putting its commitment to improve access to quality education and lifelong learning for all into action, HP Inc. has pledged $20 million in technology, training R&D and funding contributions between 2015 – 2025 at the 2017 Global Citizen Festival in Hamburg, Germany. Read More...
With environmental and social impacts increasingly influencing investor decision making, Ceres has developed a new peer-reviewed resource guide to help investors better analyze financial risks in the food sector. Read More...
French president Emmanuel Macron’s offer of refuge to U.S. climate scientists and innovators in the wake of Trump’s decision to pull the U.S. out of the Paris Agreement was not only a defiant policy rebuke, but a clear signal that France – like many other countries – now wants to seize momentum and take advantage in the absence of American leadership on climate. Read More...
This is part three of a four-part series on themes explored at the 4th International Reporting 3.0 Conference. Read parts one and two. Read More...
I have over the years developed a rule of thumb or criterion for assessing the efficacy of sustainability measurement and reporting methods that goes something like this: If it is possible for an organization to perform “well” according to the principles of a particular measurement and reporting system and yet still be putting vital resources or human wellbeing at risk, then the system itself fails on its face and should be rightly rejected. Read More...
This month BNP Paribas, the world’s seventh-largest financial institution, announced a new palm oil policy that sets responsible palm oil production as a pre-condition for financing. The policy requires that companies receiving financing protect forests and indigenous people. Read More...
While the adoption of carbon pricing is on the rise, members of the We Mean Business Coalition, including Barclays, Bank of America and Hermes Investment Management have introduced the world’s first investment-grade carbon pricing system for the power sector — which accounts for one-quarter of global emissions — in an effort to accelerate the transformation needed to limit global warming to a 2°C scenario. Read More...
Over the next few years, the private sector will inherit the enormous responsibility of sustaining the health of our planet. Although this daunting challenge may force companies to operate outside of their comfort zones, businesses should recognize that with great responsibility comes great opportunity. In a market where consumer attitudes and brand loyalties are shifting to prefer socially and environmentally conscious products, companies hoping to remain competitive must integrate sustainability into the core of their business models. Read More...