Posts Categorized ‘Impact Investing’

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

Baseball, Apple Pie, and Advocacy
By Mike Sakraida

In May, I presented two shareholder proposals on behalf of First Affirmative clients at annual general meetings. At Kinder Morgan, the proposal asked the company to disclose its analysis of carbon asset risk and its plans to address climate change. At Travelers, the topic was disclosure of lobbying policies and expenditure. For me, this tool Read more »

Posted: July 26, 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

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

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

Why We Are Impatient for More Patient Capital
By Mel Miller

At First Affirmative we've built a business that helps our clients invest in companies that operate sustainably and responsibly. The investments strategies we offer own companies that contribute to a clean and healthy environment, treat people fairly, embrace equal opportunity, produce safe and useful products, and support efforts to promote a more peaceful world, all Read more »

Posted: May 10, 2016

How Long Does a Company Need to Stay in SRI Jail?
By Laura Isanuk

The modern world of Sustainable, Responsible, Impact (SRI) investing was initially based on avoiding undesirable companies. Twenty-five years ago, responsible investment strategies were primarily based on "negative screening" which initially focused on avoiding "sin stocks" such as tobacco and alcohol. Over time, other avoidance criteria were included in the portfolio construction process to side-step companies Read more »

Posted: April 25, 2016

2015: An Impactful Year for Sustainable Investing
By Mike Sakraida

Exciting progress was made by the SRI (Sustainable, Responsible, Impact) investment industry in 2015. Here, we offer two lists of three important stories and trends that are likely to impact most individual and institutional investors, including retirement plans, foundations, and endowments. After many years of path breaking effort, we may finally be approaching a "tipping Read more »

Posted: December 23, 2015

Shareowner Action on Climate: What Is the Impact?
By Holly Testa, Director, Shareowner Engagement

The escalating investor concern about climate change risk is reflected in the level of shareowner activity over the last 15 years. Shareholder resolutions related to climate change numbered less than 10 in 2001, but this number has skyrocketed to 167 in 2015. This does not include the many dialogues and other communications not related to Read more »

Posted: December 7, 2015

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