by Elizabeth di Bonaventura, Senior Institutional Relationship Associate, Domini Impact Investments.
The road less traveled has always been the path I’ve found myself on in life, whether intentionally or not. As a young girl, I did not grow up believing that I would have a career in finance. I was beguiled by misconceptions that the field was too difficult and the bar for entry too insurmountably high. Even more daunting was the lack of representation of women within the financial sector.
MEMPHIS, Tenn., November 1, 2020/3BL Media/International Paper, one of the world’s leading producers of renewable fiber-based packaging, pulp and paper, announced that it has furthered its commitment to environmental transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. The company has disclosed through CDP for the past 20 years, and for 2020 completed CDP’s climate change, forests and water security questionnaires.
by Amy Domini, Founder and Chair of Domini Impact Investments (Amy is widely recognized as the leading voice for socially responsible investing.)
Globally, socially responsible investing is flourishing. Almost as importantly, it means the same thing around the world. I begin with some recent quotes, which I noted over the past few weeks:
• Datuk Muhamad Umar Swift, CEO of Bursa Malaysia, “As a frontline regulator and market operator, we want to provide an environment that encourages sustainable practices among our market participants.”
by Gabe Rissman Co-Founder and President, YourStake.org
I rose to the podium, looked Exxon then-CEO Rex Tillerson in the eye, and spoke. “Why does Exxon fund climate-denying organizations, when you publicly support a carbon tax?” Tillerson deflected the question at the time: “we would never impinge on ALEC’s free speech.” D’oh. Two years later, in July 2018, Exxon ceased funding ALEC, the climate change denying organization I highlighted.
UPS, the global multinational package delivery company, has been producing a sustainability report since 2003, and was the first in their industry to issue a report with environmental, social and governance (ESG) information. For the company, sustainability reporting is a means to create more positive impacts in the industry, for its stakeholders and on the world.
February 5, 2018 /3BL Media/ - A new climate report released by ExxonMobil, which explores the risks the company would face in a low-carbon transition, represents “a significant step forward for institutional investors who have long engaged with the company on climate change but falls short on key details,” Andrew Logan, director oil and gas at Ceres, said today in a statement.
The report, 2018 Energy & Carbon Summary, “adopted a whole new climate-related frame,” Logan added, “providing the clearest accounting yet of how Exxon is—and is not—planning for a low-carbon future.”
New global initiative aims to engage with world’s largest corporate greenhouse gas emitters to act on climate change
December 12, 2017 /3BL Media/ - The sustainability nonprofit organization Ceres joined forces with investors and partner organizations worldwide today to help launch a new five-year global initiative led by investors to engage with the largest corporate greenhouse gas emitters in North America and around the world to act on climate change. The effort is backed by more than 225 global investors, including nearly 70 North American investors, with USD $26.3trillion in assets under management at the time of launch.
CSRHub Co-Founder and CEO, Cynthia Figge, will be speaking at Sustainable Brands New Metrics ’17 Conference, in Philadelphia, Pennsylvania, held on November 13-15, 2017. Cynthia will speak at the plenary on Nov. 14th on “From Disclosure to Performance: Building the Virtuous Loop”. Cynthia will present new insights between ESG disclosure and perceived CSR performance, and highlight CSRHub’s findings on 7,000+ equities that have both disclosure and performance metrics, representing more than 90% of world market capitalization.
by John Streur, president and CEO, Calvert Research and Management
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 being joined in our mission by more investors worldwide every day.