by Betsy Moszeter, Chief Operating Officer of Green Alpha Advisors
The evidence now shows that diverse investment teams make better long-term decisions.
The lack of gender diversity of financial services professionals is finally being talked about, but not sufficiently. It should be discussed more and in deeper ways, and – importantly – remediated in practice, because of the well-documented fact that heterogeneous teams outperform homogenous teams, across disciplines, and not by an insignificant amount.
by Julie Gorte, Senior Vice President for Sustainable Investing, Impax Asset Management LLC and Pax World Funds
Climate change is a story that encompasses everyone — believer, denier, rich, poor, black, brown, white, majority, minority, male or female. It’s an equal opportunity wolf at the door. But, as is the case with diversity in almost every pursuit, more diverse groups bring more to the table, and considering that climate change is the most important problem humans must solve, diversity has a contribution to make to climate change.
Following my time in the military and as a regulator with the FDIC, I made my way into financial services in an investment capacity, with an intention to help people navigate their financial challenges. I wanted to help build a better outcome for their financial goals. Part of that was development of a process around investing in companies that support a more sustainable world as a whole, and not just companies that are financially sound.
Caterpillar's Enterprise Technology Strategy establishes the foundation for innovation in the company's product development. Click here to learn how Caterpillar focuses on key technology areas that impact many facets of sustainability.
The Paper Industry Management Association (PIMA) bestowed its highest honor on Domtar President and CEO John D. Williams at the Technical Association of the Pulp and Paper Industry’s annual PaperCon in May. Williams was named Executive of the Year in recognition of his leadership, his contributions to the pulp and paper industry, and his management excellence.
What will happen in 2019 at the intersection of business and society? As our team in the Business & Society Program looked ahead to the new year, we realized the best answers lie in our network of business leaders and academics. From Artificial Intelligence to worker voice to lifelong learning, these diverse predictions impart a powerful sense of possibility, even in facing some of the world’s toughest challenges in the new year.
Kelsea Ballantyne earned her MBA/MS in 2016, as part of the Erb Institute and the Tauber Institute for Global Operations. She’s now in an executive development program at Boeing, working on the 777 and 777X airplanes, and she talked with Erb about her work there.
A New B-Annual Publication for the Business Sustainability Professional
The University of Michigan’s Erb Institute launches new bi-annual publication – ICYMI!
ICYMI! is a business-focused publication sharing the work of the Erb Institute. In this and future publications, we will share how our research, teaching and engagement are providing ideas and frameworks that will help businesses move forward in meeting their sustainability challenges. We invite you to have a look inside and see how our work is helping to move the needle on business sustainability.