Environment / Energy efficiency and conservation
Green Bond Investments Reach $600 Billion (07/13)
The fourth edition of Bonds and Climate Change, published by the Climate Bonds Initiative, reports that 70% of climate-aligned bonds are invested in low-carbon transport, while another 20% focus on clean energy.
Sustainable Investment Firms Offer Guide to Fossil Fuel Investing (12/29)
Along with 350.org, Green Century Capital Management and Trillium Asset Management update a guide for investors who want to divest from fossil fuel companies and reallocate their assets to sustainability.
Distributed Energy Resources Require a New Regulatory Framework (08/18)
The New England Clean Energy Council calls for modernization of the region's grid to encourage renewables and distributed energy resources.
Electric Utilities Ranked on Renewables and Energy Efficiency (07/28)
A report from Ceres and Clean Edge benchmarks the nation’s largest electric utilities on renewable energy sales, and cumulative and incremental energy efficiency savings.
Third National Climate Assessment Published (05/06)
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.
As You Sow Engages with Food Companies on Packaging (09/25)
The advocacy group succeeds in convincing McDonald's to end the use of environmentally destructive polystyrene foam cups, but decides to resubmit a shareowner resolution with General Mills after engagement over post-consumer packaging fails to lead to agreement.
Governments Overestimate Levels of Sustainable Development (09/06)
By failing to account for materials extraction through international trade, developed nations provide a misleading picture of raw materials use.
Alliance Trust Investments Measures Carbon Footprints of its Funds (08/29)
The UK investment firm’s analysis reveals that three of its sustainable equity funds emit less than half the carbon dioxide of their benchmarks.
Major Cities Adapting to Climate Change (06/28)
A report by the Carbon Disclosure Project and the C40 Cities Climate Leadership Group reveals that many of the world’s largest cities have launched energy efficiency and other initiatives to lessen the effects of climate change.
Obama Directs EPA to Use Clean Air Act to Regulate Emissions (06/26)
Acknowledging that Congress is likely to persist in failing to act on climate change, the President decides that executive action is needed to address a growing crisis whose effects are already being felt.
Effective Policy Will Drive Investment in Energy Efficiency (05/28)
A report from Ceres and the Investor Network on Climate Risk calls for policies that will encourage institutional investors to invest in energy efficiency projects.
More than $90 Million Invested in SJF Ventures Fund (05/04)
SJF Ventures, a sustainable venture capital partnership, conducts the final closing of its SJF Ventures III fund with more than $90 million in equity investments in cleantech and technology-enhanced services.
Cisco, Google Share Top Spot on Cool IT Leaderboard (04/29)
The sixth edition of the Greenpeace ranking of companies in the information technology sector focuses on political advocacy for effective climate change legislation.
Get Real about Climate Change, Shareowners Tell Utilities (02/28)
With trillions of dollars in infrastructure upgrades looming for electric utilities, investors call on five companies to emphasize a transition to renewables, improve energy efficiency, and manage water risks.
Shareowners Pressure Companies on Use of Renewables (02/20)
Most of the 13 resolutions target energy use in the information technology and real estate industry sectors, requesting improved reporting and commitments to increased renewable energy sourcing.
Senators Boxer and Sanders Propose Climate Change Legislation (02/19)
Among the highlights of the proposed bill are a fee on carbon pollution and increased oversight of hydraulic fracturing.
Natural Capital and Integrated Reporting Among Trends for 2013 (02/18)
With the help of environmental research from Trucost, GreenBiz publishes the sixth annual edition of its State of Green Business Report, assessing major trends as well as the environmental performance of 500 US companies.
Cuomo Proposes $1 Billion Green Bank for New York (01/19)
The bank will leverage public funds with private sector investment to hasten the transition to a clean economy and environment in New York State.
Plan for Regulating Emissions from Existing Power Plants Proposed (12/08)
The Natural Resources Defense Council states in an issues brief that state-specific standards from the Environmental Protection Agency could lead to a steep drop in emissions and significant cost savings.
2012 Newsweek Green Rankings Published (10/22)
With research provided by Sustainalytics and Trucost, this year's Green Rankings note a 20% improvement in companies disclosing environmental information.
CDP Releases Annual Reports on Corporate Carbon Management (09/13)
Responding to more than half of the world's invested capital, large companies increasingly view climate change as a current business concern, but too little is being done at present to avert a climate crisis.
PRI Signatories Prioritize ESG Issues for Engagement (09/04)
A survey of frequent users of the PRI Clearinghouse indicates that executive compensation, climate change, and labor standards in corporate supply chains will be the top areas of engagement for institutional investors during the coming year.
Fuel Efficiency Standards Finalized (08/30)
The new fuel efficiency standards of 54.5 miles per gallon will nearly double the current standards, and could increase profitability while creating hundreds of thousands of new jobs.
PRI Publishes Case Studies of Sustainable Investment (07/27)
A report provides examples of sustainable investments by CalPERS and other signatories to the Principles for Responsible Investment, and argues for government policies to help mitigate the risks of such investments.
Pros and Cons of Australian Carbon Tax (07/18)
Implemented on July 1st, Australia's carbon pricing scheme imposes a price of $23 per ton on carbon emissions. But some clean energy advocates argue that the policy does not go far enough.
Investors Urge Corporations to Consider Physical Impacts of Climate Change (06/02)
A new report notes improved corporate reporting on greenhouse gas emissions emerging from SEC guidance, but calls for improved management and disclosure of extreme weather events and other physical risks.
Clean Energy Initiatives on the Increase in Many States (05/30)
The third annual State Clean Energy Index from Clean Edge ranks California first among states in its adoption of such indicators as electricity generation from renewable sources and deployment of hybrid and all-electric vehicles.
Concerns Grow over Slow Pace of Sustainable Development (05/22)
The World Business Council for Sustainable Development publishes a report in advance of next month's Rio+20 Conference, warning that a radical adaptation in the use of natural capital is required.
Race Between Sustainability and Over-Consumption Continues (05/16)
The third annual MIT survey of corporate executives suggests that sustainability is increasingly a management agenda item, while a report from WWF finds that global consumption patterns are still unsustainable.
UNDP Reports on Outlook for Sustainable Development in Asia-Pacific (05/10)
Exploring both widespread poverty and the impacts of climate change on the region, the report warns that the private sector and other stakeholders must act in order to galvanize government action.
Sustainable Investment by Pension Funds Total Less than One Percent of Assets (05/04)
Despite the necessity of a low-carbon economy and the opportunities for investment in the transition, efforts by governments and institutional investors remain inadequate. Second of a two-part series.
US Banks Receive Failing Grades for Financing Coal (05/01)
While most of the nation's largest banks have publicly stated commitments addressing mountaintop removal coal mining and coal-fired power generation, the financing of such projects continues.
Green Jobs Topped Three Million in 2010 (04/03)
In its first-ever tally of green jobs, the US Bureau of Labor Statistics counts 3.1 million jobs in businesses that benefit the environment or conserve natural resources.
Investors Observe World Water Day 2012 with Focus on Land Grabs (03/22)
The focus of this year's World Water Day is on water and food security, and the Interfaith Center on Corporate Responsibility launches a campaign to educate institutional investors on the impacts of large acquisitions of farmland in the global South.
SJF Ventures Announces Initial Closing of Impact Investment Fund (03/10)
Capitalized entirely by private investment, the $75 million SJF Ventures III fund will target growth-stage cleantech companies with positive impacts on low-to-moderate income communities.
EPA and Partners Announce Recipients of First Climate Leadership Awards (03/03)
Companies are recognized for greenhouse gas management through goal setting and achievement, supply chain leadership, and overall organizational leadership.
Investors Urge Large Corporations to Move Beyond Reporting and Take Carbon Action (02/23)
The Carbon Action initiative of the Carbon Disclosure Project, launched last year on behalf of 34 institutional investors, now has 92 signatories with more than $10 trillion in assets under management.
Resolutions or Engagement? Ceres Prepares for Proxy Season by Using Proxy Ballot to Encourage Change (02/21)
SocialFunds.com talks with Rob Berridge of Ceres about the organization's past success and its plans for driving change in the stewardship of the environment through shareowner resolutions.
US Venture Capital Investment in Cleantech Down in 2011 (02/06)
Ernst & Young reports that investment by US-based venture capital in cleantech companies amounted to $4.9 billion in 2011, a 4.5% decrease from 2010.
Intel Tops EPA's Green Power Partnership Rankings (02/04)
EPA's quarterly ranking of top purchasers of renewable energy lists Intel first, followed by Kohl's and Wal-Mart; Kohl's and Whole Foods are largest purchasers of 100% green power.
A 30% Reduction in EU Emissions by 2020 will be Cheaper than Expected (02/01)
Noting that emissions reductions reached 14% by 2010, the European Commission concludes that a 30% cut will cost less than anticipated, and the Institutional Investors Group on Climate Change calls for incentives to stimulate private investment.
Investors Vow to Address Climate Change even as Congress Fails to Act (01/16)
At the Investor Summit on Climate Risk & Energy Solutions, hosted by Ceres, institutional investors note progress in managing climate change in their portfolios, but warn that further action must be taken now.
Greenpeace Ends Unfriend Coal Campaign Targeting Facebook (12/28)
The social media giant agrees to reduce its reliance on coal-powered electricity by siting its data centers where renewable energy sources are available.
What Happened at COP17? (12/12)
Negotiators leave Durban without a plan to stop climate change but with an agreement to pursue a binding pact, and investors look for signs that support increased investment in climate change mitigation and adaptation.
Green Retrofits Outpace New Construction for First Time (12/10)
The US Green Building Council says that LEED-certified square footage of existing buildings now exceeds that of new construction.
NYSE Euronext and Bloomberg New Energy Finance Launch New Clean Energy Stock Indexes (11/30)
The indexes, which will track clean energy stocks in three regions globally, will soon be joined by industry-specific indexes; in the US, new sources of investment must be found to maintain the growth spurred by stimulus funds.
Google Abandons Renewable Energy Initiative (11/30)
The IT giant says it will maintain its efforts to improve energy efficiency in its data centers and continue to invest in renewable energy.
Ignoring Stalemate in Congress, States Still Embrace Energy Efficiency (10/21)
Massachusetts displaces California in the American Council for an Energy-Efficient Economy's fifth study of states' energy efficiency efforts.
New Green Bonds Product Will Support Climate Protection (10/20)
State Street Global Advisors says its High Quality Green Bond product will invest in green bonds issued by supranational or multilateral development banks.
Why the Newsweek Green Rankings are Important (10/18)
SocialFunds.com talks with Cary Krosinsky of Trucost about the methodology and the significance of the findings of this year's results.
Munich Re and IBM Lead Companies in Newsweek's 2011 Green Rankings (10/17)
IBM moves up from third place finish last year to first in US, and HP ranks second for second year in row; Dell drops from first to fifth, and Munich Re tops list of global companies.
Billion Dollar Green Challenge to Universities: $1 Billion in Green Energy Investments (10/15)
32 universities already commit $65 million to self-managed green revolving funds.
US Companies Don't Wait for Regulation, Address Climate Change to Compete (09/21)
The Carbon Disclosure Project's survey of S&P 500 companies finds that the number integrating climate change into business strategies nearly doubles.
Sustainability Issues Persist but Urgency to Address them Declines (09/20)
A survey of sustainability experts finds that while issues such as energy, climate change, and water scarcity remain critical, a sense of urgency in dealing with them is declining.
More Large Companies Have Climate Change Strategies (09/16)
In its most recent annual report, the Carbon Disclosure Project finds that for the first time a majority of Global 500 companies integrate climate change into business strategies.
CDP Explains Benefits of Cloud Computing (09/15)
The Carbon Disclosure Project finds that the transition to cloud computing could lead to energy cost savings of $12.3 billion by 2020, and carbon reductions of 85.7 million metric tons.
Scoreboard Details Increased Investment in Green Economy (09/13)
The Green Transition Scoreboard of Ethical Markets Media finds that private sector investment in green companies and technologies is likely to reach $10 trillion by 2020.
Google Finally Comes Clean on Energy Usage (09/12)
The IT giant's energy consumption continues to grow, but with the help of renewable energy sources and the purchase of carbon offset credits the company claims to have been carbon neutral since 2007.
Real Estate Industry Demonstrates Benefits of Energy Efficiency (09/03)
The findings of a report by the Global Real Estate Sustainability Benchmark Foundation suggest that real estate funds and companies have improved their environmental performance since 2009.
Shanghai Stock Exchange to Launch Sustainable Development Industry Index (07/30)
The components of the Index will include companies engaged in energy efficiency as well as renewable energy and other low-carbon operations.
Shareowner Support for Environmental Resolutions Continues to Grow (06/28)
Tracking by Ceres of this year's environmental resolutions reveals that the average support for hydraulic fracturing proposals increased to 40% in 2011, up from 30% in 2010.
EPA Finalizes Emissions Reporting Rules for Petroleum and Natural Gas Industry (11/15)
Large facilities in the industry will be required to monitor and report all greenhouse gas (GHG) emissions to the EPA.
New Sustainable Transportation ETF to be Launched on NASDAQ (09/02)
Index-based ETF to track companies offering green solutions to growth in worldwide transportation.
The Very Rich Green Their Portfolios (07/16)
With European and Middle Eastern investors leading the way, high-net-worth investors are putting their money into green technologies and alternative energy sources.
New Fund Invests in Tomorrow's Green Stars (04/09)
ThinkCapital launches a green growth fund that focuses on sustainable companies.
Fighting Climate Change, State by State (02/27)
A core group of state treasurers and controllers are moving their investments into environmentally friendly and clean tech funds, while thinking big about climate change.
Institutional Investors Plan Long-term for Climate Change (02/20)
Summit at the UN unveils an action plan for addressing climate change risks and opportunities.
Joel Makower on the GreenBiz.com State of Green Business 2008 Report (02/01)
GreenBiz founder talks about the inaugural report, which surveys the top 10 green business stories of 2007 and introduces the GreenBiz Index.
Growing Interest In Green Investing (01/31)
New research shows that individual investors think the environment is hot, with solar energy an important investment opportunity.
Launch of Five Climate Change Funds May Enrich Investors, But Won't Save the World (11/15)
Deutsche Bank, F&C, HSBC, Schroders, and Virgin Money launch climate funds, a trend that validates the role of finance in addressing--though not solving--global warming.
Growing Up Green: Winslow Offers New Mid-Cap Green Mutual Fund (11/13)
As the green market place expands, Winslow launches a mutual fund to capitalize on middle-sized growth companies that offer green solutions.
Book Review: The Clean Tech Revolution (11/05)
A new book on investing in green technology looks at new and expected developments that hold out promise for big returns over the coming decades.
Green Angels: Venture and Private Equity Capitalists Help Sprout a New Generation of Environmentally Friendly Companies (10/17)
Private investors and high-net worth individuals are making a difference--in hopes of making a profit--by actively recruiting start-up and middle-sized companies dedicated to the environment and society.
Working for the Earth: Green Companies and Green Jobs Attract Employees (10/09)
New research shows that employees want to work at green companies and are happiest at companies with solid corporate social responsibility programs in place.
Ardour Global Index Offers Unique Alternative Energy Universe (09/27)
Ardour Global Index adds new companies in quarterly rebalancing, including US manufacturer Beacon Power.
Merrill Lynch Offers New Energy Efficiency Index (08/08)
Merrill Lynch expands its line of "green" indexes with a new product that tracks the growing movement to reduce energy costs and CO2 emissions.
Shareholder Resolutions on Climate Change to Heat Up ExxonMobil's Annual Meeting (05/30)
A broad coalition of shareholders is seriously concerned about ExxonMobil's lackluster response to global climate change and plans to give thumbs down to board member Michael Boskin.
Banking on the Future: The Two Biggest US Banks To Dedicate Billions to Halting Climate Change (05/16)
Citigroup and Bank of America have pledged billions of dollars to help fight climate change while a new report questions Chinese banks' environmental policies.
Carbon Offsets: Modern-Day Indulgences to Assuage Carbon Guilt or Market Mechanism for Supporting Clean Energy (04/04)
Even as they gain popularity as a climate change solution, carbon offsets have come under considerable criticism for diluting action on global warming--the truth likely resides between these extremes.
Citigroup, Lehman Brothers, and UBS Report on Climate Risks and Opportunities for Investing (02/27)
Lehman Brothers and UBS agree climate change represents a market failure for neglecting to price carbon externalizations in valuations, while Citigroup makes specific stock picks.
The Problem with Voluntary Corporate Initiatives Is -- Well, They Are Voluntary (01/16)
A Harvard study identifies the voluntary nature of such corporate social and environmental initiatives as their pitfall, limiting the ability to gauge their effectiveness.
Launch of Three New Clean Tech Indexes Culminates Banner Year for Green Investing (12/29)
The three Jefferies Global Clean Technology Indexes join the half-dozen green indexes introduced this year.
Rainforest Action Network Seeks to Stem Flow of Financing to TXU Coal Project (12/20)
Part two of this two-part articles addresses how RAN sent a letter to 54 banks urging them to withhold funding from a TXU plan to build 11 pulverized coal-burning power plants in Texas.
TXU Shareowners File Three Resolutions Questioning Wisdom of Pulverized Coal Plants (12/19)
Part one of this two-part article examines how shareowners are raising environmental and regulatory concerns over the TXU coal expansion plan, as well as environmentally preferable alternatives to coal such as energy efficiency.
Another Clean Energy Exchange Traded Fund to Launch (12/12)
First Trust Advisors is slated to introduce an ETF that tracks the NASDAQ Clean Edge US Liquid Series Index early next year.
Eight Percent of Fortune 500 Taking EPA Challenge to Double Their Green Energy Use (12/05)
Fortune 500 companies are installing renewable energy generation on-site as well as purchasing green power directly or through renewable energy certificates.
The Growth of Green Building Funds (11/30)
A new urban green real estate fund from Revival Fund Management exemplifies a budding trend toward private funds capitalized by accredited investors.
Book Review: Green to Gold: How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage (11/20)
The plethora of real-life examples of corporate environmental initiatives is where readers will find value in this book from two authors associated with Yale.
Merrill Lynch and World Resources Institute Issue Second Auto Sector Climate Change Report (11/15)
The report again balances stock picking and investment analysis with in-depth discussion of regulatory and market developments in response to global warming and energy security concerns.
As Climate Debate Matures, Companies Strategize Solutions and Investors Push for Disclosure (11/03)
Companies are taking tangible actions to minimize risks and seize opportunities related to climate change, while investors promote more robust climate-related disclosure.
Two New ETFs Fight Climate Change: One Bridges Shift to Cleaner Energy, One Pushes Cleantech (11/02)
The PowerShares WilderHill Progressive Energy Portfolio and the PowerShares Cleantech Portfolio offer investors increasing choice for investing in climate change solutions.
Winslow Conservation Index Outperforms the S&P 500 and Russell 2000 (10/25)
Winslow Management Company back-tested five-year performance of 15 companies focused on conservation, an oft-overlooked component of the alternative energy equation.
Hydropower Stocks as an Alternative Energy Play (08/31)
Phaethon and Creative Investment Research recommend hydro to gain exposure to the energy boom, contending new technologies offer potential for reducing environmental impacts.
How Insurers Are (and Are Not) Tackling Climate Risk in Underwriting, Investing, and Policies (08/29)
A new report from Ceres identifies almost 200 activities recently introduced by insurers to address climate change, but calls on the industry for further action.
ADVANCE Converts Corporate Environmental Metrics Into Monetary Terms (08/03)
The transparent methodology stands to advance corporate social responsibility and socially responsible investing, but it remains to be seen if it measures true sustainability.
Biofuels May Not Be Sustainability Panacea, According to Bank Sarasin Report (08/02)
The report identifies strengths and weaknesses of biofuels from social and environmental perspectives, as well as positing minimum sustainability criteria to qualify for investment.
Trillium Takes the Reins from Winslow in Managing the Green Century Balanced Fund (07/24)
The transition in portfolio managers has shifted the fund back to its roots as a core portfolio holding by reducing risk and diversifying holdings across the multi-cap space.
Parnassus Small Cap Fund Identifies Unique Sustainability Characteristics to Outperform Russell 2000 (07/19)
While the introduction of the Parnassus Workplace Fund a year ago piqued interest, the Parnassus Small Cap Fund unveiled at the same time is turning heads with strong financial performance.
Does Trucost Measurement of Corporate Carbon Footprints Reduce Environmental Impacts? (07/03)
Trucost ranks the carbon intensity in UK portfolios, arguing for overweighting companies with lower carbon footprints to reduce ecological impact while maintaining performance.
World Resources Institute and Citigroup Team Up to Report on Solutions to Climate Change (06/15)
The report recommends a dozen companies poised to profit from a carbon-constrained future, including Archer Daniels Midland, Caterpillar, Cypress Semiconductor, GE, Itron, Johnson Controls, Monsanto, and Waste Management
Winslow and Jupiter Launch Global Green Fund Using Only Positive Environmental Criteria (06/12)
The Jupiter Green Investment Trust pioneers cross-continent collaboration and evolution from negative screening to positive sustainability criteria.
Ecological Community Loan Pool Directly Links Ecologically Minded Investors to Eco-Preneurs (05/23)
The portal created by Ecostructure Financial tweaks the community development financial institution model to allow investors to lend directly to startups solving environmental problems.
Another Clean Energy Index Launches to Capitalize on Transition from Dependence on Fossil Fuels (05/10)
The NASDAQ Clean Edge US Index joins several other recently launched clean energy indexes tracking solar photovoltaic, biofuel, wind, and fuel cell companies.
Cost of Clean Energy Decreases to Compete with Its Dirtier Counterparts, According to Report (03/21)
The Clean Edge report surveys clean energy, documenting market growth, strong stock performance, and expansion of venture capital investment, as well as projecting future trends.
Resolution Withdrawals Signal Success in Shareowner Advocacy Early in 2006 Proxy Season (03/06)
Part one of this two-part article examines withdrawal of resolutions on climate change, sexual orientation nondiscrimination, political contributions, and HIV/AIDS policies.
Evergreen Solar and Energy Conversion Devices Rated Outperformers in Piper Jaffray Solar Report (02/23)
The report continues a trend of mainstream equity research using socially responsible investing strategies, and SRI funds confirm this assessment through wide exposure to these two companies.
Opening the Umbrella of Socially Responsible Investing to Include Energy Efficient Mortgages (02/21)
Indigo Financial Group promotes energy efficient mortgages, which have long been available through a Fannie Mae program but have yet to reach their market potential.
Two New Indexes Help Wean Us From Oil Addiction Via Clean Energy and Cleantech (02/10)
The WilderHill New Energy Global Innovation Index tracks clean energy companies internationally, while the Cleantech Index tracks cleantech companies in the US.
Wal-Mart Faces Host of Shareowner Resolutions, From Union-Busting to Sustainability Reporting (01/06)
The broad range of resolutions suggests that the sustainability commitments announced by Wal-Mart last year did not convince shareowners that the company has solved all its challenges.
Socially Responsible Property Investment Still on the Drafting Table (12/29)
A blueprint of the fledgling field of socially responsible real estate investment.
Solar Energy Helps Fuel Socially Responsible Investing (12/15)
Managers from Winslow Green Growth Fund, New Alternatives Fund, and Portfolio 21 discuss the opportunities and challenges of investing in solar power.
Wal-Mart Embraces Sustainability: Does the SRI Community Buy It? (10/26)
Socially responsible investors cautiously applaud Wal-Mart for committing to social and environmental sustainability, but remain highly skeptical about actual implementation.
Rising Oil Prices Fuel Investment Returns in Renewable Energy for New Alternatives Fund (10/14)
The first environmental mutual fund is also globalizing its reach to capitalize on innovative developments in alternative energies in other countries.
Moskowitz Prize Winning Study Correlates Corporate Eco-Efficiency and Financial Outperformance (10/13)
The paper finds a significant and positive relationship between Innovest eco-efficiency ratings and both market-based and accounting-based financial performance metrics.
A Next Generation SRI Strategy: The Henderson Industries of the Future Fund (09/13)
By extending to its entire portfolio a focus on ten sustainability industries, Henderson has conceived of a novel approach to socially responsible investing.
Thinking Outside the Big-Box: Report Suggests Smart Growth for Retailer Siting Decisions (07/13)
Domini Social Investments and Christian Brothers Investment Services provide retailers nine recommendations, examples of best practice and cautionary tales, and helpful resources.
The Power of Three: SJF Ventures Sets Precedent in Community Development Venture Capital (06/16)
SJF and its partners won all three award categories at the annual conference of the Community Development Venture Capital Alliance, which promotes economic, social, and environmental advancement.
Institutional Investors Call on SEC, Wall Street, and Companies to Address Climate Risk (05/11)
The second Investor Summit on Climate Risk focused on information, from the perspectives of disclosure, data generation, and analysis, as a key to transforming climate risk into opportunity.
JPMorgan Chase Environmental Policy Triggers Tipping Point for US Bank Sustainability (04/29)
The JPMC policy surpasses environmental best practice established by Citigroup and Bank of America in some areas, but also lags these sustainability leaders in others.
Climate Change Offers Opportunities: An Interview with Tim Wirth, President of the UN Foundation (04/19)
At the Ceres conference in Boston last week, SocialFunds.com sat down with Tim Wirth to discuss the opportunities for companies presented by the climate change issue.
Vermont Issues Call to Investment Managers for Environmentally Sustainable Portfolio (04/14)
Request for Information asks investment managers about their positive and negative screening practices as well as financial performance, particularly of environmentally sustainable portfolios.
Faith-Based and Environmentalist Shareowners Withdraw Climate Change Resolutions at Six Companies (03/22)
The six oil and gas companies commit to measure, mitigate, and disclose data related to global warming, and evangelicals join their faith-based compatriots in concern over climate change.
Wanted: Socially Responsible Real Estate Investments (03/18)
An academician searches for socially responsible real estate investment trusts, finding few that fit the definition, as well as disagreement over what criteria define SRI REITs.
Integrating Sustainability at Xerox: A Talk with VP for Environment, Health, and Safety Jack Azar (11/11)
In part two of this two-part interview, Mr. Azar discusses how Xerox integrates sustainability into its policies and practices.
Zero Waste and Industrial Ecology: A Talk with Xerox VP for Environment, Health, and Safety Jack Azar (11/10)
In part one of this two-part interview, Mr. Azar discusses the history of waste-free policies and practices at Xerox.
European Utilities Top Oekom Sustainability Rankings, US Utilities Crowd the Bottom (10/28)
Corporate sustainability rating firm Oekom Research rewards climate change mitigation and enhancing energy accessibility for the economically disadvantaged in its latest report.
Shell and BP Top Innovest CSR Ratings of Integrated Oil and Gas Companies (10/13)
Marathon and several companies operating in emerging markets sink to the bottom of the rankings of corporate social responsibility performers.
First Alternative Energy Index Spawns Exchange Traded Fund (09/09)
The WilderHill Clean Energy Index, published by the American Stock Exchange, will serve as the basis for an exchange traded fund from PowerShares Capital Management.
Climate Change a Nuisance? Nine State and City Attorneys General Bet a Lawsuit On It (08/06)
The first climate change lawsuit against corporations, aimed at the top five US carbon dioxide emitters in the utility industry, cites federal common law on public nuisance.
Are the Equator Principles Sincere or Spin? (06/04)
A report calls into question whether signatory banks are complying with the Equator Principles.
ExxonMobil Mocks Climate Change, Maine Treasurer Finds It No Laughing Matter (05/27)
Senior management remains resolute in its disbelief of climate change risk.
Shareowner Resolution Withdrawn as JP Morgan Chase Addresses Environmental Risks (05/14)
A group of socially responsible investment advocates withdrew a shareowner resolution from JP Morgan Chase when the company established an office of environmental affairs.
Social and Environmental Best Practice Linked to Financial Outperformance in Electric Sector (04/08)
Innovest releases another sector report correlating progressive social, environmental, and governance practices and policies with financial outperformance.
Nuke Producer GE Energy Buys Solar Producer AstroPower (04/06)
The GE Energy buyout of AstroPower represents a Catch 22 for social investors, who generally seek to support renewable energy but screen GE for its nuclear production.
Philips Extends Sustainability Expectations to Suppliers, Including Child Labor Ban (03/29)
In its 2003 Sustainability Report, Philips Electronics introduced provisions requiring its 50,000 suppliers worldwide to practice social and environmental sustainability.
Five Companies Comply with Terms of Shareowner Resolutions in One Week (02/24)
In less than seven days, Dover, Masco, Cinergy, AEP, and Bank of Montreal all abided by the requests of investors, a major achievement for shareowner action.
CRA Fund Helps Transform Environmental Liabilities Into Social Assets (02/12)
The CRA Fund supports environmental remediation of brownfield sites, helping transform them into socially beneficial projects.
California Treasurer Proposes Environmental Screening for State Pension Investments (02/06)
California Treasurer Phil Angelides pitches the Green Wave Initiative to CalPERS and CalSTRS, the state's huge pension funds, asking them to support green investments.
The Rashomon Effect: Why Do Innovest and Oekom Rate Toyota's Environmental Performance So Differently? (01/20)
A Japanese film may help investors understand the discrepancy between the environmental ratings of Toyota by Innovest and Oekom.
Book Review--True to Our Roots: Fermenting a Business Revolution (01/14)
Paul Dolan, president of Fetzer Vineyards, promotes sustainable business practices by relating his personal transformation committing to organic growing practices.
2003 Proxy Season Roundup: Shareowner Action Success Measured On and Off the Record (12/17)
While the 2003 proxy season produced some impressive numbers, shareowner advocates also define success in ways that are not easily quantifiable (Part one of a two-part article.)
Book Review--How Does it Pay to Be Green? (12/12)
An empirical study finds a positive relationship between environmental and economic performance when environmental strategies are factored into business decisions.
UN Institutional Investor Summit Considers Opportunities of Addressing Climate Change (11/26)
Institutional investors make the business case and investment case for assessing, reporting, and mitigating climate change in a summit at the UN (part two of a two-part article).
Social Investors Recommend Best Practice for Coalbed Methane Extraction (10/07)
A shareowner action campaign proactively asks companies to practice environmental and social responsibility in extracting coalbed methane.
Dow, GM, and Johnson & Johnson Lead the Charge to Green Power (09/30)
The 12 members of the Green Power Market Development Group have purchased almost 100 megawatts of green power from renewable resources since last summer.
Environmental Best Practice Tied to Financial Outperformance in Food Retail Industry (09/03)
Innovest's latest report shows that environmental leaders in the global food and drug sector financially outperform the sector's environmental laggards.
UN to Hold Corporations More Responsible for Human Rights and the Environment (08/26)
A UN sub-commission adopted a resolution calling for transnational corporations to be held more accountable for human rights protection and environmental stewardship.
Will Ford's Transparency Affect Its Performance? (08/13)
While lauding the transparency of Ford's 2002 Corporate Citizenship Report, analysts caution that it remains to be seen whether such reports and the Global Reporting Initiative reporting guidelines will help improve corporate performance (part two of a two-part article).
Ford's Latest CSR Report Increases Transparency by Using GRI Guidelines (08/12)
Ford's decision to base its 2002 Corporate Citizenship Report on Global Reporting Initiative (GRI) guidelines will help analysts get a fuller picture of the company's performance (part one of a two-part article).
Report Finds Oil Companies' Social and Environmental Practices Unsustainable (08/07)
Oekom Research's report criticizes the oil industry's uneven progress in sustainable development, but those in the industry question the report's findings.
First Steps for the U.S. Business Council for Sustainable Development (07/15)
Carlos Guimaraes, chair of the U.S. Business Council for Sustainable Development, speaks about the new organization's strong membership, partnerships, and projects.
Members of Congress Consider Social and Environmental Disclosure in SEC Filings (07/11)
A group of Senators and Representatives summoned a symposium on the need for social and environmental disclosure by companies in their SEC filings.
Report Connects the Dots Between Corporate Governance and Climate Change Risk (07/10)
A report reveals the degree to which 20 major global companies use corporate governance to address climate change risks and opportunities.
Sustainability Leaders in Food Sector Produce Healthy Returns (07/09)
Innovest finds that global food products companies with higher sustainability ratings perform better financially than companies with weaker environmental performance.
U.S. Drops in Country Sustainability Ratings (06/26)
The United States fell eight places in Oekom Research's Country Rating Report this year, mirroring its poor performance on other similar country sustainability ratings.
Book Review: Eco-Service Development: Reinventing Supply and Demand in the European Union (06/06)
A new book presents the business case for promoting sustainable development through "eco-services," or the switch from a product-oriented to a service-oriented culture.
FedEx and UPS Green Up Their Fleets With Hybrid Electric and Fuel Cell Vehicles (06/03)
FedEx introduces hybrid electric delivery vehicles, while UPS is investing in fuel cell technology.
Religious Institutions Issue Benchmarks for Corporate Social Responsibility Performance (05/28)
A global coalition of religious activists have published the third edition of a comprehensive set of guidelines for corporate social and environmental performance.
Report Asks When ExxonMobil Will Wake Up to Climate-Related Risks (05/15)
For the second year in a row, a report tells ExxonMobil shareowners to beware of the significant risks the company faces in terms of how the oil giant addresses climate change.
Earth Day Founder Not the Only One to Link Climate Change and Investing (04/22)
The voices of institutional investors representing public pension funds join those from the insurance industry to advance a business case for addressing climate change.
Return to Sender: Dell Inches Toward a Computer Take-Back Recycling Program (04/09)
Calvert-led coalition conducts shareowner action urging U.S. computer companies to implement take-back programs for recycling obsolete computers and components.
When Lightning Strikes: Portfolio 21 Applies The Natural Step's Sustainability Theories (04/03)
Portfolio 21 applies environmental screens based on the principles of the Natural Step, which promotes sustainability.
Oekom Applauds Insurers Employing SRI but Chides Rest of Sector's Non-Transparency (03/18)
Lack of transparency prevented the German corporate research firm from conducting corporate responsibility ratings on the majority of global insurance companies.
Investing in Wind Energy Is Not a Breeze (03/07)
With few pure players in the domestic wind energy sector, investors who want exposure to wind energy must commit their money overseas.
ExxonMobil Receives 23 Shareowner Resolutions on Issues Ranging from Climate Change to Corporate Governance (02/26)
Concerted shareowner action this proxy season targets ExxonMobil over such issues as its refusal to address climate change and its coupling of CEO and Chairman of the Board.
National Wildlife Federation and Amnesty International USA Embrace SRI (02/11)
Two well-known advocacy organizations have made a commitment to lowering the wall between their program activities and their investments.
Prince Albert of Monaco Helps Launch a New Sustainability Fund (02/07)
Instead of investing directly in equities, this new "fund of funds" from Monaco invests in SRI and sustainability funds.
Green Banking (01/23)
Ten exemplary "green banking" enterprises were honored recently, highlighting the growth of environment-friendly community investing.
Global Warming Shareowner Resolution Filed at "Filthy Five" Electric Companies (01/17)
A coalition of institutional investors has filed a shareowner resolution calling on five electric power producers to report on the business risk of their greenhouse gas emissions.
Corporate Responsibility Ratings and SRI Screens Sometimes Differ (01/16)
A new report from Oekom Research criticizes IT network and component company performance based on the companies' own disclosure, while the Calvert Group's screens assess companies' actual practices.
Sierra Club Launches SRI Mutual Funds (01/15)
The Sierra Club is harnessing its name recognition and expertise on corporate environmental performance with its launching of an SRI equity mutual fund and an SRI balanced mutual fund.
NEC Pioneers "Green" Computer (01/02)
NEC reverses the computer industry's foot-dragging on addressing environmental liabilities by introducing the PowerMate eco, the first eco-efficient computer.
Humans' Overuse of Earth's Resources Exceeds Sustainability by 20 Percent (12/11)
A new report on the ecological footprints of 146 nations documents unsustainable consumption, a phenomenon that, unchecked, will deplete the world's natural resources.
Eco-Efficient Real Estate and Retail Food Stocks Outperform Environmental Laggards (10/24)
Two recent Innovest reports correlate strong energy management, particularly participation in the EPA ENERGY STAR program, with superior stock performance.
UNEP Advises Financial Sector on Threats and Opportunities Related to Climate Change (10/17)
A recent United Nations Environment Programme Finance Initiative report outlines the financial sector's risks and opportunities regarding climate change.
Utilities: They're Not Just for Widows and Orphans Anymore (10/04)
Utilities may represent a wise investment in this bear market, especially for socially responsible investors seeking to capitalize on companies that have the best environmental records.
Hazardous Waste as Fuel: Conservation or Corporate Irresponsibility? (09/11)
The cement industry calls the use of hazardous waste to fuel cement kilns recycling while critics of the practice call it dangerous.
New Tool Quantifies Corporate Environmental Performance (08/20)
London-based TruCost launched a single-framework rating tool that allows for a quantitative comparison of companies' environmental performance.
Alternative Strategies for the Alternative Energy Sector (08/14)
The recent downturn in alternative energy stocks is not necessarily reason for social investors to abandon the sector altogether.
Book Review: The Ecology of the New Economy (08/07)
A collection of essays identifies how the new digital economy both upgrades and downgrades the environment without predicting which trend will prevail.
Rio + 10 Series: The Sustainability of the World Summit on Sustainable Development (08/02)
Organizers are working to reduce the environmental impacts of the Johannesburg Summit.
Oil and Gas Company Environmental Risk Should Concern Investors (07/25)
Innovest and the World Resources Institute released reports this week that illustrate how environmental risk can affect the shareowner value of oil and gas companies.
Rio + 10 Series: Two UNEP Reports Chart Past, Present, and Future Course of Sustainable Development (07/13)
Assessments of the progress since the Rio Summit guide the blueprints for the Johannesburg Summit.
Rio + 10 Series: Progress and Regress--Energy Sectors Report on Their Efforts Toward Sustainability (07/05)
Three industry sectors that supply energy--oil and gas, coal, and electricity--reported on their improvements and shortcomings in sustainable development since the Rio Summit.
Rio + 10 Series: A Brief History of the Earth Summits--From Rio to Johannesburg (06/14)
SocialFunds.com presents a historical snapshot of the Rio Summit and surveys some significant developments leading up to the Johannesburg Summit. (the second in a series of articles leading up to the Johannesburg Summit)
Rio + 10 Series: A Brief History of the Earth Summits--From Stockholm to Rio (06/07)
SocialFunds.com examines the significant events, theories, and people that contributed to the first two global summits on human interaction with the environment. (the first in a series of articles leading up to the Johannesburg Summit.)
Mutual Fund Reports on Environmental and Social Returns (05/03)
Norway-based Storebrand reports on the environmental and social performance of companies in its international mutual fund.
Companies Skirt Disclosure of Environmental Liabilities (04/08)
New study echoes social investors' call for the SEC to strengthen its rules regarding corporate disclosure of environmental liabilities.
SEC Requires ExxonMobil to Include Shareowner Resolutions on Proxy (04/04)
The SEC denied ExxonMobil’s request to omit three shareowner resolutions from its proxy, but allowed it to omit two other proposals.
Survey Holds Money Managers Accountable (04/02)
A recent AFL-CIO survey may prod money managers to examine their proxy voting on labor issues, but some in the social investment community note that the interests of organized labor and social investors sometimes diverge.
Book Review: Eco-Economy (02/15)
Pioneering environmentalist Lester R. Brown fuses ecological consciousness into economics to create "eco-economy," an economic system that would preserve natural resources while continuing to generate wealth.
Report Criticizes GM's Poor Fuel Efficiency, Applauds Its Other Environmental Efforts (01/31)
CERES reported on GM's environmental record, praising the majority of the carmaker's initiatives but condemning its failure to improve overall fuel efficiency in its fleet.
Swiss Insurance Company Invests in Sustainability (01/25)
The reinsurance giant Swiss Re supports sustainability not only in its business practices but also in its investments, and has one portfolio committed exclusively to sustainability.
UK Bank Offers Green Mortgages (01/14)
Financial institution efforts to be more environment-friendly are proving popular with customers.
Capstone Generates Interest in Microturbines (12/14)
Capstone Turbine Corporation offers environment-friendly alternatives to electricity generation for multiple applications.
Global Energy Providers Score Well in Corporate Responsibility Ratings (12/06)
New study by German research firm Oekom identifies several trends developing worldwide in the power delivery sector.
GEMI Elevates Environmental Consciousness from the Bottom to the Top Line (12/03)
The Global Environmental Management Initiative releases a new report promoting environment-friendly methods of enhancing corporate performance.
Businesses Convey Interest in Sustainable Mobility (11/05)
Report on the challenges of achieving long-term sustainable transportation offers multinational automotive and energy companies, as well as governments, food for thought.
EPA Program Recognizes Better Corporate Environmental Performance (11/02)
Performance Track motivates and rewards businesses that exceed EPA's environmental standards.
High-tech Industry Helps Power California Energy Efficiency Success (09/07)
New report assesses California's effective energy efficiency program and high-tech industry's role in sparking innovative conservation efforts.
Political Contributions Bring Oil Drills Closer to ANWR (08/31)
U.S. PIRG finds unsurprising correlation between oil company political donations and House members that voted to allow drilling in the Arctic National Wildlife Refuge.
Green Room and Board (08/06)
Fairmont Hotels and Resorts has created a valuable resource for hotels that want to lesson their environmental impact.
Labor Standards Resolutions Garner Support in 2001 Proxy Season (07/11)
Ten international labor and human rights proposals that came to vote this year received 10 percent or more support from shareowners.
Companies Using NAFTA to Undermine Legitimate Regulations (06/12)
New report explains how the U.S., Canadian and Mexican governments' ability to regulate in the public interest is being eroded by NAFTA's Chapter 11.
Telecommunications Industry Calls for Sustainability (06/05)
Some of the world's largest information and communications technology companies form an alliance to promote sustainable development.
Magazine Industry Is Wasting Forests (05/24)
New study finds magazines use almost no recycled paper and publishers have an incentive to overproduce wastefully.
ExxonMobil Feeling Heat on Both Sides of the Atlantic (05/17)
Shareholder resolutions and boycotts put pressure on oil giant to change its stance on global warming and embrace clean energy.
Winslow Launches New Green Mutual Fund (05/16)
The Winslow Green Growth Fund will seek small- and mid-cap companies with superior environmental performance.
Coke Takes Small Step Toward Recycling; Pepsi Drags Its Heels (05/09)
At recent annual meetings, Coke announces recycling targets while Pepsi says it will talk.
SAM Sees Future Profits in Energy (04/25)
New European investment company will invest in companies with innovative technologies and services that realize more efficient and environment-friendly energy use.
Major UK Fund Manager to Require Environmental Reporting (04/19)
Institutional investors are increasingly seeing the need for environmental disclosure.
Environmental Groups Endorse Shareholder Resolutions (04/12)
Environmental advocates ask for support for pro-environmental resolutions at a wide range of companies.
Shopping for Responsibility (04/02)
Internet site is helping consumers base shopping decisions on values.
New International Society Marries Technology and Ecology (02/23)
Representatives of AT&T and Motorola join researchers, policy makers and environmental advocates to launch the International Society of Industrial Ecology.
New Alternatives Fund Invests in a Greener Future (01/26)
The first environmental mutual fund remains optimistic about the future economic opportunities of alternative energy.
Report Finds Oil Industry Responsible for Environmental Impact (01/14)
Transnational Resource and Action Center report calls on stakeholders to confront oil companies and call for "climate justice."
BP Amoco Leads the Industry into a Greener Future (12/23)
Several recent steps taken by BP Amoco to improve environmental performance have highlighted its leadership in the oil industry.
Ford Has Greener Ideas (12/15)
Ford Motor Company's recent announcement that it was quitting the Global Climate Coalition could signal a final cooling of the global warming debate.