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SRI Performance and Trends

The news stories below primarily concern studies on SRI performance and surveys of investor attitudes.
Advisers can use this information to better prepare themselves for meetings with clients.

Eurosif Recommends Improvements in Corporate Governance
Invited by the European Commission to offer remedies for weaknesses in corporate governance, Eurosif responds with recommendations to increase transparency and strengthen shareowner rights.

Is There a Case to Be Made Against Corporate Social Responsibility?
The argument that corporate social responsibility impedes better corporate governance ignores the financial relevance of environmental, social, and corporate governance considerations.

Banks Back Away from Financing Mountain Top Removal
The environmentally destructive coal mining practice, for years a target of shareowner activists, faces new regulatory restrictions and limited financing from major banks.

Intergovernmental Panel on Climate Change Receives Recommendations for Improved Reporting
The InterAcademy Council recommends that IPCC improve review processes and transparency in wake of attacks on climate science.

Vedanta Denied Permission to Mine Sacred Mountain
India's Ministry of Environment and Forests denies permission to mining company for bauxite mine on Niyamgiri mountain in the Orissa region.

SEC Adopts Rules for Proxy Access
Activist shareowners praise the rule that will allow them to nominate candidates for corporate boards of directors.

Political Contributions by Target and Best Buy Lead to Shareowner Action
Companies' support for opponent of gay rights undermines their policies on diversity and threatens reputational risk in the form of consumer backlash.

Failure of Financial Reform to Break Up Big Banks Leaves Economy at Risk
Former International Monetary Fund chief economist Simon Johnson claims that defeat of Brown-Kaufman amendment leaves financial system vulnerable.

ShoreBank Closed by Federal Regulators
The Chicago-based community banking pioneer is replaced by the Urban Partnership Bank, which plans to continue the mission of its predecessor.

Plan Seeks 100% Renewable Energy in Australia in Ten Years
Report from Beyond Zero Emissions asserts that Australia's energy needs can be fully met by renewable sources within ten years with technologies that are already available.

Website Tracks Political Donations by Oil, Gas, and Coal Companies
Oil Change International unveils DirtyEnergyMoney.com to highlight correspondence between corporate political donations and Congressional voting patterns.

Transport Sector Lags in Addressing Climate Change
A report from the Carbon Disclosure Project finds that despite being a major contributor to greenhouse gas emissions, the transport sector lags in setting reduction targets and recognizing risks and opportunities.


 

 
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