November 28, 2008

Investment Funds Push an Environmental Agenda

By: New York Times

Until recently, green investment funds were mostly a niche for individual investors. But now investing with the idea of improving the environmental actions of corporations, not just maximizing profit, is catching on among some...

November 27, 2008

Joan Bavaria Memorial Set for December 11th

By: Boston Globe

Even before the Exxon Valdez oil spill in 1989 prompted investors to question what they were underwriting with their stockholdings, Joan Bavaria was at the forefront of money managers who urged clients to balance a hearty bottom...

November 27, 2008

U.S. Execs Say CSR Initiatives Can Boost Profits

By: Environmental Leader - CO

Three-quarters of senior U.S. executives say corporate citizenship can boost profits over time, according the Economist Intelligence Unit’s report, “Corporate citizenship: profiting from a sustainable business” (PDF). Sixteen...

November 26, 2008

RiskMetrics Group Releases 2009 Proxy Voting Policies

By: MarketWatch

RiskMetrics Group, a leading provider of risk management and corporate governance services to the global financial community, today released its 2009 proxy voting policies, culminating an extensive policy formulation and updating...

November 24, 2008

Proxy Firm Targets Practice of Paying Executives' Tax Bills

By: The Wall Street Journal

In the latest move to curb executive-pay excesses, an influential proxy-advisory firm is cracking down on the common but controversial practice of footing big tax bills for executives.

RiskMetrics Group says it will advise...

November 22, 2008

Shareowners Prepare for the 2009 Proxy Season

By: Social Forum.com

SRI leaders reflect on successful shareowner advocacy programs while preparing for increased engagement with corporations in new proxy season

November 21, 2008

KLD Indexes Updates, Reconstitutes Global Sustainability Index (GSI) series

By: KLD Indexes

KLD Indexes today announced the reconstitution of its Global Sustainability IndexSM (GSI) series. The GSI is a benchmark index that seeks to hold a broad representation of strong environmental, social and governance (ESG)...

November 21, 2008

CalPERS Environmental Programs Advance - Energy Reduction in Real Estate Sets Pace of Progress

By: CalPERS

The California Public Employees’ Retirement System (CalPERS) has made significant progress toward environmental goals, including a one-year reduction of 13.3 percent in energy use by real estate partners.

November 21, 2008

What’s In Your Philanthropy? NEW PLATFORM PUTS “IDLE” DONOR ADVISED FUND ASSETS to work for more SOCIAL IMPACT THROUGH INVESTMENT

By: Calvert

Calvert Foundation Launches “Global Impact Ventures” Platform to Allow Donor Advised Funds to Start Making a Difference Even While Funds Await Distribution. BETHESDA, MD. -- In the current market downturn, individuals seeking to...

November 20, 2008

SRI Funds Post Losses, But Hold Their Own in Relative Performance

By: Social Funds

While not immune from the battering endured by investors of all stripes, many SRI funds have outperformed mainstream funds on a relative basis this year.