by John Howell of Climate & Capital Media and Climate Finance Weekly
“Why climate finance,” you might ask? In 25 years of reporting on sustainable business, I have become fascinated by the pivotal relationship between capital and innovative solutions to climate-related issues.
The 2014 U.S. Sustainable, Responsible and Impact Investing Trends Report
Sustainable, Responsible and Impact Investing (SRI) in the United States has grown substantially over the past two years. The total US-domiciled assets under management using SRI strategies expanded from $3.74 trillion at the start of 2012 to $6.57 trillion at the start of 2014, an increase of 76 percent, according to the US SIF Foundation’s latest biennial survey, the Report on US Sustainable, Responsible and Impact Investing Trends 2014.
Sallie Krawcheck, Chair of Ellevate, and one of the most influential women professionals in finance, has announced a new partnership with Pax World Funds to create a new investment product. The Pax Ellevate Global Women’s Index Fund focuses on investing in brands that have strong female leadership. Ellevate is a global professional businesswomen’s network with 34,000 members in 130 countries. Krawcheck has been CEO of Citi’s wealth management business, and headed up Merrill Lynch’s wealth division for Bank of America.