FROM THE EDITOR
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 to the Financial Times. Data provider Dealogic reports that this was more than double the previous record, and the best quarter on record. FT states that the trend is “part of a wider shift by bond investors to follow in the footsteps of longstanding efforts to push for ethical investing.” For issuers, the ROI is clear: reaching new investors. Watch for standards to be settled (how to measure effectiveness?), then for this market to really take off.
John Howell, Editorial Director
ReportAlert: American Cleaning institute releases 4th Sustainability Report
News & Blogs
(3BL Media/Justmeans) – The Global Thinkers Forum is a social purpose organisation that launched in 2012 under the patronage of Her Majesty Queen Rania of Jordan. It works for change by connecting international thought leaders, while promoting values-based leadership, collaboration and cross-cultural understanding.
(3BL/JustMeans) We depend on pollinators like bees and other insects more than we realize. They help pollinate almost 75 percent of our crops, including most fruits and vegetables. Without them, we would have little to eat. Pollination by US honey bees in 2010 contributed to more than $19 billion worth of crops, and pollination by other insect pollinators contributed to almost $10 billion of crops the same year.
Sustainalytics, a provider of ESG and corporate governance research, ratings, and analytics, released a thematic research report, 10 for 2017: Investment Themes in a Changing World, earlier this year. The report looks at the key drivers of 10 ESG investment themes that are expected to create new risks and opportunities for investors.
UPS has set some lofty goals. One of them is to have 25 percent of the electricity it uses come from renewable energy sources by 2025. In 2016, only 0.2 percent came from renewable sources.
By Kathleen Furore
Shoppers who visited the Kroger store in New Castle, Indiana last December had the chance not only to buy groceries, but also to adopt a pet from the New Castle-Henry County Animal Shelter.
The store even paid the $95-per-pet adoption fee, and handed out free pet food and toys to customers who took home a furry new family member.