Posts Categorized ‘Corporate Responsibility’

First Affirmative Statement Regarding the Weekend Violence in Charlottesville, VA
By George Gay

First Affirmative Financial Network unequivocally condemns the acts of domestic terrorism carried out by white supremacists this past weekend in Charlottesville, Virginia. First Affirmative was founded on, and remains committed to, the principles of diversity, inclusion, and sustainability, and stands opposed to any behavior that is intended to deny the rights of, or to otherwise Read more »

Posted: August 14, 2017

The Financial CHOICE Act: An Unprecedented Challenge to Shareholder Rights
By Holly Testa, Director, Shareowner Engagement

While on one hand, long-term ESG issues raised via shareholder proposals are increasingly receiving serious consideration, opponents of the proposal process wish to eliminate them altogether. All fiduciaries have a duty to monitor investment risk and many, including First Affirmative, consider filing proposals to be inherent to this duty. The Financial CHOICE Act recently passed Read more »

Posted: August 9, 2017

Unprecedented Majority Votes on Climate
By Holly Testa, Director, Shareowner Engagement

Shareholder advocates have long pressed for increased disclosure from companies on their exposure to, and management of, climate risks and opportunities. In April, shareholders won major victories at Occidental Petroleum and Exxon Mobil. Via shareholder proposals (shareholder resolutions), both companies were asked to report on the impact of global measures designed to limit global warming Read more »

Posted: August 9, 2017

Intangible Assets: Understanding the Link Between Ethics and Returns
By Guest Contributor

By Sarah Reice, 2016 SRI Conference Scholar With the onset of 2017, we find ourselves in an extremely turbulent economic, cultural, and political environment. Despite efforts to create a global unified rule of law by organizations such as the United Nations and the International Monetary Fund, no global regulatory consensus exists. In a world of unprecedented Read more »

Posted: March 13, 2017

Toward an Innovative CEO Compensation Package
By Mel Miller

The advocacy organization, As You Sow, has documented the growth of CEO compensation, which is up an amazing 943% over the past 37 years. In 1976 the average CEO was paid 36 times as much as the average worker; by 1993, the average CEO was paid 131 times as much. CEO compensation critics were hopeful Read more »

Posted: February 13, 2017

持続可能性: Sustainability, the Japanese Way
By Holly Testa, Director, Shareowner Engagement

Discussing environmental, social and governance issues with companies can be a challenge even when you share a common language and culture. How does one navigate this complex conversation when these commonalities are absent?  Lauren Compere, Director of Shareholder Engagement at Boston Common Asset Management, recently returned from her third trip to Japan. She represented First Read more »

Posted: January 18, 2017

Impact Investing and the Dakota Access Pipeline
By Laura Isanuk

The Dakota Access Pipeline (DAPL) is a textbook example of environmental injustice within the United States. The treatment of sovereign Native American nations by the U.S. government has rarely been admirable over the past 200 years, but DAPL has sparked the interest of a broad swath of Americans interested in social justice and attracted thousands Read more »

Posted: December 30, 2016

The Future of Native Sovereignty in the US
By Guest Contributor

By Greg Jackson, 2016 SRI Conference Scholar The proposed Dakota Access Pipeline (DAPL) is one of the most controversial domestic issues in the United States at the present moment. Despite a recent US government call for "nationwide reform with respect to considering tribes' views on these types of infrastructure projects," the first draft of the Army Read more »

Posted: December 21, 2016

The Rising Tide of Chief Sustainability Officers
By Will Linkenheil

Over the past 20 years, the inclusion of sustainability practices in business has become widely prevalent. With this increased focus on sustainability, companies have created a new position dedicated to the cause: Chief Sustainability Officer (CSO). These executives focus on their company's sustainability strategies and run the company's internal sustainability committees; they usually report to Read more »

Posted: July 29, 2016

Finding Palm Oil: The Journey Continues
By JJ Jahania

Instant noodles. Laundry detergent. Ice cream. Shampoo. At first glance, it may appear that these items are unrelated; however, they actually have more in common than you might think. All of these products can be found in your local grocery store, and they all contain palm oil. Palm oil is the most widely-used type of Read more »

Posted: July 12, 2016