Large institutional investors, concerned about portfolio risks stemming from the effects of global warming, are calling for climate-competent boards and directors as part of their fiduciary responsibility to preserve and enhance the long-term value of their investment assets. Despite the anticipated rollback of climate related governmental policies such as the Environmental Protection Agency’s Clean Power […]
The 50/50 Climate Project, a not-for-profit resource and action center for institutional investors focused on increasing the climate competency of boards of directors of large publicly traded corporations, is pleased to announce the appointment of Edward Kamonjoh as its inaugural Executive Director. Kamonjoh joins the 50/50 Climate Project from Institutional Shareholder Services (ISS) where he served […]
CivicSpark, a partnership of California’s Local Government Commission and the Governor’s Office of Planning & Research is an AmeriCorps program dedicated to building capacity in local governments to address climate change. They are now recruiting team members for the 2015-16 service year. Follow on Facebook and Twitter @LGC_media. CivicSpark: Climate Leaders If you are interested in joining the next generation of climate […]
The following PX14A6G filing on a shareholder proposal at Anadarko $APC by As You Sow might be of interest to readers. I’m too busy with my own proposals to make all the links work and to neaten up this post but you can find them in the original filing here. I suspect we will see many […]
The Local Authority Pension Fund Forum (LAPFF) recently welcomed the decision by Royal Dutch Shell’s Board of Directors to recommend support for the ‘Aiming for A’ shareholder resolution submitted by a coalition of shareholders including the Forum, CCLA, Rathbone Greenbank Investments and the Church Investors Group. In a letter to the investor coalition advising of […]
We must never forget there was another September 11th, long before our own, when so many dreams were crushed. While our September 11, 2001 was imposed on us by Islamic terrorists, the leaders of our great nation imposed its own form of terrorism with the September 11, 1973 military coup against the democratically elected government […]
The American economy could face significant and widespread disruptions from climate change unless U.S. businesses and policymakers take immediate action to reduce climate risk, according to a new report, “Risky Business: The Economic Risks of Climate Change in the United States.” Check out their blog too. The U.S. economy faces significant risks from unmitigated climate […]
CalPERS Senior Portfolio Manager and Director of Global Governance, Anne Simpson, discusses how environmental, social, and governance behaviors impact corporate performance and highlights recent Board policy statements concerning three forms of capital: financial, physical and human. Read the transcript on the CalPERS site. (more…)