A cute website that scores (US) companies on their commitment to fighting climate change. Focuses on the big companies. ClimateCounts.org
Category:Responsible Investing
The best new asset class
Hazel Henderson analyses the changing face of financial markets in Nervous Investors Searching for New Asset Classes. She concludes: … the best new asset class is all the entrepreneurial companies that make up the Sustainability Sector. Many of these have quietly out-performed the Dow and S&P indexes.
Notorious companies
ArcelorMittal, Citigroup, Chevron, China National Petroleum Corporation (CNPC), ExxonMobil, Nestlé, Samsung, Shell, Total, and Wal-Mart were red-flagged by ECOFACT as the most controversial companies in the world. The companies were routinely in the news and criticized by non-governmental organizations in the first half of this year. Social Funds report
High net worth investors increasing green portfolios
The 12th annual World Wealth Report 2008 released by Capgemini and Merrill Lynch states there are over 10 million people globally with at least $1 million of financial assets in 2007, an increase of 6% over 2006. High net worth investors invested in safety last year with 44% of their financial assets in cash and …
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CDP supply chain carbon emmissions
The Carbon Disclosure Project released the findings of its Supply Chain Leadership Collaboration. See the report here and read Social Funds’ review here.
Beware of greenwash … The Toxic 100
The irony of the Toxic 100 released by Political Economy Research Institute (PERI) at the University of Massachusetts, is that DuPont is at the top of the list but has been one of the stalwarts of the World Business Council for Sustainable Development. The WBCSD is very useful – it offers alot of useful research …
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IBM report explores sustainable economic development in Africa
The Global Innovation Outlook 3.0 report explores sustainable economic development in Africa. GIO is sponsored by IBM. It attempts to synthesise a consensus from more than 150 business, government, academic and NGO leaders across nine deep dive sessions. Read the summary here or download the report here (3.8mb pdf).
“Resignation” of Prince (and others) looking Enronesque
With a massive parachute and reputation intact Chuck Prince walked away from atrocious job performance smiling. The memos relating to Prince’s resignation are reproduced here but the comments below the memos are more telling: there is little integrity among the rich and powerful. While both exits needed to be strategically managed to reduce stock price …
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Easy online investment in microfinance
eBay launched MicroPlace, a microfinance website that provides an easy way for the average person to invest in the world’s working poor. Investors can loan a minimum of $100 through about a dozen microfinance institutions in countries like Bolivia, Cambodia, Ecuador and Ghana. 150 people invested on the day of the launch.
Awareness to Action: Sustainable Finance for today’s global markets
UNEP FI Global Roundtable, Awareness to Action: Sustainable Finance for today’s global markets, took place on 24-25 October. The website now offers presentations, summaries etc online.