Proxy Preview 2019 reveals intensified shareholder pressure on corporations across a wide range of ESG issues from climate and political spending to women. Investors with a conscience; we are having a bigger impact every year. Download the report and/or watch webinar here. Continue Reading →
Tag Archives | First Affirmative Financial Network
Moskowitz Prize Winner Announced
Moskowitz prize winner for 2017 was announced today by the Center for Responsible Business at the Haas School of Business, University of California, Berkeley, in collaboration with The SRI Conference (#AllinForImpact). The prize is named after research pioneer Milt Moskowitz, one of the first researchers to look for the connection between good corporate citizenship and profitability. Sustainable and responsible investing remains the focus.
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Walden Moves BlackRock: Background
A number of investors, led by Walden moves BlackRock on climate Risk. Walden Asset Management and the Center for Community Change, along with the City of Seattle Employees’ Retirement System and First Affirmative Financial Network, filed a shareholder resolution requesting a review of BlackRock’s proxy voting process and record on climate change.
Following extensive engagement and constructive dialogue between BlackRock, Walden and a number of investors, the shareholder resolution was withdrawn. As a result of the dialogue, BlackRock has updated its website to provide fresh insights into the ways it believes climate change creates risks and opportunities for companies. BlackRock also noted that climate risk will be a priority for their engagement with companies and boards throughout 2017 and 2018. Continue Reading →
Publisher’s note: I wasn’t going to publish anything today but I couldn’t resist this recent news from Sanford Lewis, Esq. and Sonia Kowai of Zevin Asset Management about a denial of a no-action letter that allows shareholders to hold mutual funds to account. Imagine what the world could look like if mainstream funds lived up to their own hype.
This is the perfect reason for Thanksgiving and is the best news I’ve heard all year. For the first time we have the possibility that mutual funds might be so embarrassed by the wide gap between what they say and what they do that they may actually start voting as their investors would wish. This is a real game changer and could be the start of something HUGE if similar proposals are filed at other fund companies and shareholders hold them accountable.
Climate change is the first issue, and is critically important, but there are other issues to address as well. Many thanks to Sanford Lewis, Sonia Kowal of Zevin Asset Management LLC,, Jackie Cook of Fund Votes, Ceres, First Affirmative Financial Network, and everyone who worked to obtain these critical new rights. Continue Reading →
Now in its 26th year, the SRI Conference will be November 3-5, 2015 at The Broadmoor Hotel in Colorado Springs, Colorado and will probably be the largest ever. Leaders in the philanthropy and foundation worlds are invited to participate in the largest, longest-running annual meeting of responsible investors and investment professionals. Early-bird registration is now open. Contact Krystala Kalil at 888-774-2663 to answer your questions. Continue Reading →
The 25th annual SRI Conference on Sustainable, Responsible, Impact Investing was held November 9–11, 2014 at The Broadmoor in Colorado Springs. I’ve been working with many of the organizers, sponsors and participants for years but this was my first time to the SRI annual conference. I attend a lot of conferences every year but this one was the most fun — and probably the most informative. I’ll be back. In fact, I’ve already blocked out November 3-5 on my calendar for next year. This is the first of a several part series on the conference. Continue Reading →
Sustainable, Responsible, Impact Investing was the subject of the 25th annual SRI Conference, held November 9–11, 2014 at The Broadmoor in Colorado Springs. I’ll post some notes from the conference, beginning next week. Meanwhile, take a look at the Twitter feed at #SRIC14.
Sustainable, Responsible, Impact Investing (or “SRI”) is becoming more and more popular as investors seek to make money and at the same time have a positive impact. SRI investment strategies seek to direct the flow of investment capital in healthy and transformative ways — toward the creation of a truly sustainable future. Continue Reading →
It is wonderful to have supportive friends, especially when they represent socially responsible investors and advisors. John Chevedden, Myra K. Young and James McRitchie extend sincere thanks to the following for sending letters of concern regarding their recent lawsuits against us to: EMC Corp, Omnicom, Express Scripts, Chipotle Mexican Grill, Inc.: Continue Reading →