by Stephanie Timm, PhD and Whitney Austin Gray, PhD
Some of the world’s most sophisticated investors have been using Environmental, Social, and Governance (ESG) data for years to help identify companies that perform well over time in the market.1 Their belief that high ESG scores correlate with high corporate financial performance is now supported by a large and rapidly growing body of research. Deutsche Bank’s much-discussed study, for example, found that 2,200 of ESG studies conducted between 1970 to 2015 report a positive ESG–Corporate Financial Performance (CFP) relation.2
In September 2015, all 193 Member States of the United Nations set a very ambitious and necessary agenda for achieving a better future for us all by adopting a set of 17 global goals: the Sustainable Development Goals (SDGs). The SDGs aim to end poverty and hunger, fight inequalities and injustice, and protect our planet.
And, if we want to realize these goals, it’s essential that we get “buy in” from investors around the world.
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.
Many companies offer employees the chance to take part in seasonal giving campaigns or in an annual day of service. But for companies that are truly committed to building a culture that is focused on giving back, a once-a-year event or campaign often isn’t enough. Year-round employee giving programs offer companies an opportunity to increase employee engagement, build their public reputations, and make a larger philanthropic impact.
Many water leaders face a conundrum – they know massive system investments are needed, but have a steep hill to climb to gain necessary approvals and rate recovery for such investments. Stand-alone, multimillion dollar technology programs often take a back seat to repairing and replacing aging distribution system assets.
Strategic Investor Initiative and CEO Investor Forum in Journal of Applied Corporate Finance
CECP’s Strategic Investor Initiative is a collaboration that leverages CECP’s CEO network to fundamentally change the conversation between CEOs, boards of directors, and investors, from a focus on short-term profits to “long-termism”--the creation of multi-year strategies that include financial and environmental, social, and governance (ESG) factors.
Previous Argon Award recipient increases support for signature Southface event
ATLANTA July 24, 2017 /3BL Media/ — Southface is pleased to announce Cox Enterprises as the presenting sponsor for its upcoming Visionary Dinner on September 19 at the Georgia Aquarium. Previously a patron sponsor, Cox has raised its commitment of support, and will be providing the emcee for the event. For the third year in a row, Mohawk Group is the event’s title sponsor.
CLEVELAND, July 21, 2017 /3BL Media/ -- KeyBank’s Community Development Lending & Investment (CDLI) team provided a total of $11.8 million in financing for the construction of Meriwether Place Apartments, an affordable housing development, located in Vancouver, WA. Key provided a $5.8 million construction loan and $6 million in LIHTC equity.