Health and safety / Diversity
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.
Financial Firms Agree to Disclose Diversity Information (04/10)
The New York City Pension Funds have reached agreement with three financial companies that will make public their EEO-1 data on diversity.
Shareowners Call for Gender Diversity on Corporate Boards (03/01)
Institutional members of the Thirty Percent Coalition file shareowner resolutions with 20 companies, requesting that they support diversity by including women and minority candidates on their boards.
Corporate Knights Publishes Global 100 List of Leading Sustainable Corporations (01/28)
The Belgian metal recycling company Umicore tops the ninth annual list of sustainable large cap corporations, but the list also includes Enbridge, the Canadian operator of pipelines carrying oil from the controversial tar sands.
Trillium Engagement Leads to Non-Discrimination Policies at Four Companies (01/24)
While employment discrimination against lesbian, gay, bisexual, and transgender remains common, a majority of Fortune 500 companies now include protections in their employment policies.
ICCR Publishes 2012 Proxy Resolutions and Voting Guide (02/07)
The Guide reveals a focus by members of the Interfaith Center on Corporate Responsibility on social issues and corporate engagement.
Trillium Wraps Up 2011 Proxy Season (09/19)
Asset management firm's resolutions led to successful engagement on environmental reporting, political spending, and Internet privacy.
Increased Support for Shareowner Proposals in 2011 (08/27)
Reports on 2011 proxy season by ISS and Ernst & Young reveal that shareowner support for social and environmental proposals continues to grow.
Bob Monks: ExxonMobil Exemplifies Corpocracy (06/30)
SocialFunds writers Bill Baue and Francesca Rheannon interview corporate governance advocate Bob Monks about his shareholder activism at ExxonMobil and his new book, Corpocracy.
Screening for Satisfaction (12/26)
The 2007 Moskowitz Prize for Socially Responsible Investing was awarded to a study that shows higher employee satisfaction has historically correlated to higher stock prices.
Book Review: The Business Case for Diversity (09/29)
DiversityInc presents compelling anecdotal evidence supporting the business case for diversity as well as copious empirical evidence, some of which is marred by editorial oversights.
First Socially Responsible Investing Portfolio Devoted to Diversity Launched (07/31)
Minority-owned Creative Investment Research conceived of the portfolio to promote corporate diversity while targeting women and minority investors for economic empowerment.
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.
Assessing Job Creation as a Social Indicator Correlating to Financial Performance (07/06)
A new study from Switzerland-based Pictet & Cie argues that job creation eclipses all other labor issues as a key indicator of corporate social responsibility, and measures its impact on returns.
Norwegian Government Pension Fund Dumps Wal-Mart and Freeport on Ethical Exclusions (06/16)
The $230 billion global fund--one of the largest pension funds in the world--cited Wal-Mart for systematic human rights violations and Freeport for serious environmental damage.
Corporate Shenanigans: Companies Dis Shareowners at Annual Meetings (06/09)
Home Depot exemplifies a phenomenon of companies manipulating annual meeting protocols to disempower shareowners, following in the footsteps of Weyerhaeuser, Whole Foods, and others.
Wal-Mart Discloses Equal Employment Opportunity Data (04/14)
The company joined six others in the S&P 100 that publicly disclose their EEO-1 report, but Wal-Mart still faces shareowner action on union-busting and selling gems mined in Burma.
Bush Administration Proposes Axing Equal Opportunity Survey (04/06)
The survey gathers tenure-track and compensation information by gender and race that is unavailable elsewhere, prompting socially responsible investors and others to oppose the move.
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.
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.
Top Five Socially Responsible Investing News Stories of 2005 (01/05)
Socially responsible investing, corporate social responsibility, and microfinance embraced by the mainstream; shareowner advocates withdraw several climate change resolutions as companies agree to report; and exchange traded funds apply SRI strategies.
Socially Responsible Investing Advances Anti-Racism in Helping Rebuild New Orleans (12/12)
In addition to supporting community investment and leveraging influence through shareowner advocacy, social investors can help rebuild in the aftermath of Katrina by naming root problems.
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.
CalSTRS Follows Calvert Blueprint to Capitalize on Money Manager Diversity (08/09)
Both CalSTRS and Calvert see efforts to identify emerging money managers as smart business and socially responsible as well.
Women's Equity Mutual Fund Supports Businesswomen Through Screening and Now Microfinance (06/17)
Subadvisor Walden Asset Management provides research on how companies treat women, and Blue Orchard Finance provides a new securitized product supporting microfinance institutions.
The Ghost of a Shareholder Resolution Haunts ExxonMobil Annual Meeting (05/26)
Despite an unprecedented 28 percent vote for a first-year climate change resolution and strong support for seven others, the censoring of a resolution quashes shareholder democracy.
Catching a Rising Knife: Sophia Collier Manages the Citizens Value Fund (05/20)
Whereas former portfolio manager Shelly Meyers tried to catch falling knives, Ms. Collier shifted to a more conservative strategy that has generated much better returns.
Parnassus Workplace Fund Launches Today, Along With New Small- and Mid-Cap SRI Funds (04/28)
While many socially responsible investment funds assess workplace criteria, the Parnassus fund is the first to lead with this issue.
Top Five Socially Responsible Investing News Stories of 2004 (01/11)
Shareowner engagement shifted from confrontational to collaborative, sustainability analysis fused with financial analysis, and fiduciary duty expanded to include social and environmental issues.
Calvert First SRI Firm to Issue Global Reporting Initiative-Based Sustainability Report (12/30)
While many small-to-medium-sized enterprises consider sustainability reporting prohibitive, Calvert finds value in doing what it asks publicly traded companies to do.
Dell and Starbucks First Companies to Endorse Calvert Women's Principles (12/22)
The two companies publicly commit to implement the code in their business practices, setting a precedent for other companies to follow in promoting parity for women in business.
New Indexes Seek to Link Corporate Governance and Diversity to Financial Performance (12/15)
A DiversityInc index and joint FTSE-ISS indexes try to answer if diversity and corporate governance, respectively, correlate to financial outperformance.
SEC Asked to Let the Sun Shine on Corporate Political Contributions (09/17)
A group of state and city treasurers and a watchdog group sent letters to the Securities and Exchange Commission requesting mandatory political contributions disclosure.
How HIV/AIDS Impacts Corporations, and How Corporations Can Impact HIV/AIDS (07/14)
The World Economic Forum and the International Labor Organization report on the impact of HIV/AIDS on business, but will companies respond by addressing HIV/AIDS?
Calvert Group Launches Code for Corporations to Profit by Promoting Gender Equality (06/29)
Calvert links equality for women to sustainable development, making the ethical and business cases for implementing its corporate code of conduct for empowering women.
ExxonMobil Mocks Climate Change, Maine Treasurer Finds It No Laughing Matter (05/27)
Senior management remains resolute in its disbelief of climate change risk.
The Diversity of Diversity Best Performance Rankings (04/27)
A comparison of the DiversityInc list of the top 50 companies for diversity and a report from Diversity Best Practice and Business Women's Network that reviews 45 such lists.
Tyco Recommends Vote in Favor of Shareowner Resolution, Joining Three Others (04/21)
While companies routinely recommend voting against shareowner resolutions, four companies so far this proxy season have bucked this standard approach.
Women Directors Rare Even in Developed Economies, According to First Global Study (04/20)
A UK-based socially responsible investment research firm study of companies in global developed economies finds only seven percent of board seats occupied by women.
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.
‘Tis the Season to Bar Sexual Orientation Discrimination (12/26)
The New York City Employees Retirement System files a shareowner resolution asking 11 Fortune 500 companies to explicitly bar sexual orientation discrimination.
Women Sit in Less Than a Seventh of Fortune 500 Board of Director Seats (12/11)
According to a new Catalyst report, women will inhabit less than a quarter of Fortune 500 board director seats by 2023, though regulations and shareowner action may change this.
Two New Real Assets Funds Attract $25 Million in Their First Two Months (12/03)
The Real Assets Social Leaders Fund and Social Impact Balanced Fund are off to a flying start, re-invigorating social investing in Canada.
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.
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).
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.
Pension Funds and Mutual Funds Influence Their Holdings Differently (07/01)
Academic studies discern between how pension funds and mutual funds wield influence as institutional shareowners, but the studies lack methods sophisticated enough to evaluate the effects of SRI.
The Sun is Rising on SRI in Japan (06/19)
A major Tokyo public pension fund commits to socially responsible investing, an indication of Japan's growing interest in SRI (part one of a two-part article.)
Nike and Others Increase Transparency into Their Global Labor Practices (06/04)
The Fair Labor Association releases a report today on the internal and independent external monitoring of apparel and footwear manufacturers' global labor practices.
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.
Corporate America Less than Halfway to Gender Parity (05/22)
A Conference Board report documents the evident and the less-apparent obstacles to achieving male-female equality in the workplace.
Increasing Shareowner Action Fuels Record Proxy Season (05/20)
Shareowners are increasingly recognizing and practicing their right to influence corporate practices and policies by filing and voting on shareowner resolutions.
Will Dover Heed Shareowners' Loud Call for Sexual Orientation Nondiscrimination? (04/29)
Almost half of Dover shareowners want the company to explicitly add sexual orientation to its nondiscrimination policy, but the company has yet to commit to such a decision.
Ford and Fannie Mae Top List of 50 Best Companies for Diversity (04/24)
DiversityInc's new corporate survey strives to identify the business value of diversity.
New UK Index Rates Corporate Social Responsibility Performance (03/13)
UK-based Business in the Community launches its Corporate Responsibility Index, which benchmarks corporate social responsibility performance.
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.
Record Shareowner Vote Prompts Cracker Barrel to Bar Sexual Orientation Discrimination (12/12)
Reversing more than a decade of opposition, Cracker Barrel's parent company bars sexual orientation discrimination in it Equal Employment Opportunity policy.
SRI Gains Momentum in University and College Endowment Investments (12/04)
U.S. academic institutions are increasingly applying socially responsible investment principles, although not comprehensively.
Wells Fargo to Acquire Silicon Valley Investment Boutique with SRI Expertise (09/12)
Wells Fargo recently inked an agreement to acquire Nelson Capital Management, an award-winning private money manager that specializes in socially responsible investing.
South African Community Growth Fund Celebrates Tenth Anniversary (07/17)
The Community Growth Fund invests in South African companies committed to sustainable development and triple bottom line reporting.
Calls for Shareowner Action Continue to Rise on U.S. Campuses (06/05)
Swarthmore this year became the first college to singly file a shareowner resolution since the end of the anti-apartheid movement, and campuses across the U.S. are calling for divestment from Israel.
EMC Shareowners Vote for a More Independent and Diverse Board (05/15)
At the recent EMC annual meeting, a board independence resolution received majority support, while a board diversity resolution easily surpassed the SEC threshold for resubmission.
Glass Ceilings Harden Instead of Shattering for Women in the U.S. and U.K. (04/19)
Numerous recent studies on both sides of the Atlantic report continuing and even increasing disparity between women's and men's pay and advancement opportunities.
Wal-Mart Booted Out of the Domini 400 (04/17)
KLD cites lack of leadership on labor controversies among reasons for removal.
Shopping for Responsibility (04/02)
Internet site is helping consumers base shopping decisions on values.
Labor Issue Database May Lighten Social Research Workload (02/22)
International Labour Organization compiles database of Internet sources of information on corporate social responsibility-related employment and labor issues.