Our team is watching the watchers for you. We scan the globe for news, commentary and research in key areas of interest for both investors and asset managers and for corporate boards and executives and managers. As Sustainability and ESG frameworks are adopted by more investors, the market is determining winners, laggards and losers. Track the trends, the news, updates, the important developments – makeSustainability HQ™ your headquarters for ESG knowledge management. ESG / Sustainability Investors Representing Over $15 Trillion Call for U.S., International Action on Climate Change (Source: AC Newsroom) BOSTON - The world's largest global investors have a powerful message for climate negotiators in Cancun and the new U.S. Congress: take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis. Citing potential climate-related GDP losses of up to 20 percent by 2050 and the economic benefits of shifting to low-carbon and resource-efficient economies, investors released a major statement today calling for national and international policies that will spur private investment into low-carbon technologies.
Green Money Journal: Longevity Has Its Place (Source: Richard Barr, featured commentator for Governance & Accountability Institute) When I began thinking about writing something about the Green Money Journal it was Martin Luther’s quote about longevity that popped into my mind. I have been reading GMJ for the better part of twenty years and that in and of itself speaks volumes about the value and appeal of the publication. I also remember Cliff Feigenbaum, publisher and managing editor, sitting in my living room almost 20 years ago describing his plans to launch a one-of-a-kind journal about socially responsible investing. None had existed at the time, no other has existed along the way, and no other exists today.
Levi’s, Wal-Mart, and Gap Top Apparel Supply Chain Compliance Survey (Source: As You Sow) San Francisco, CA – Levi Strauss and Co., Wal-Mart Stores, The Gap Inc., Hanesbrands Inc., Gildan Activewear, Inc., and Nordstrom Inc. scored highest on a survey of global supply chain compliance programs of apparel brands and retailers released by corporate responsibility group As You Sow. “Towards a Safe, Just Workplace: Apparel Supply Chain Compliance Programs” features a scorecard and report that provides the first publicly available comparable baseline data with which to evaluate the compliance programs of many of the top apparel companies doing business in the U.S. The project was designed to provide information on the substance and scope of programs developed to improve factory working conditions.
How Corporate Governance Changed From 1986 to 2010 (Source: Bloomberg/BusinessWeek) Spencer Stuart has tracked board composition, structure, and compensation for 25 years in its annual Spencer Stuart Board Index (SSBI) report. In its 25th edition for 2010, the firm looks at the evolution in board composition and the growth of board independence. In 1986, Spencer Stuart analyzed 100 randomly selected companies. Today, the SSBI analyzes the proxies of all 500 companies in the Standard & Poor's 500-stock index and includes a survey of board practices. In 1986, the independence of boards was not an issue. Spencer Stuart wrote then about their "outside/inside composition." Sovereign Wealth Funds Ruble Government Bond Sales Scaled Back as Yields Increase: Russia Credit (Source: Bloomberg) Russia is scaling back borrowing as yields on its ruble-denominated debt head for their biggest monthly increase since April and the government turns to a sovereign wealth fund to finance the budget. China to play role in General Motors IPO (Source: AP) DETROIT — Among the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC. Americans uncomfortable with U.S. government ownership of General Motors may want to hear more: One of those banks is the Industrial and Commercial Bank of China, one of China's four big central government banks. The other, China International Capital Corp., is a joint venture run primarily by Central Huijin Investment Ltd., an arm of the state, and Morgan Stanley.
Cheap money transforming SWF investment strategy (Source: Reuters) Sovereign funds tasked with managing national wealth may be forced to drastically alter their investment strategy in the coming years as the latest U.S. liquidity spree fuels cash inflows but depresses asset returns. |  Make SustainabilityHQ™ your daily headquarters for important news, commentary and research results – your HQs for Sustainability and ESG knowledge management. The key capital market players focused on Sustainability and ESG (environmental management, social issues and effective corporate governance) are profiled with an abundance of relevant information. Updates are continuous. The third party organizations helping to shape corporate valuations and corporate reputations are profiled and news about these players is updated every day. Log in and check it out! Navigating the way to Sustainability... Contents © 2009, 2010 All Rights Reserved Copyrights for other providers are noted where appropriate. Please credit the source if quoted. |
US Public Sector Pension Funds NYC pension funds want bank foreclosure audits (Source: Forbes) NEW YORK -- The trustees of New York City's government pension funds are asking the directors of four major banks to play a bigger role in policing company foreclosure practices.
CalPERS Adopts New Plan for Engaging Underperforming Portfolio Companies (Source: CalPERS) SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) has adopted a new strategy for engaging underperforming public stock companies through private contacts and proxy actions rather than by posting a public “name-and-shame” Focus List. The Shareowner/Corporate Engagement Program keys on a finding by Wilshire Consulting that privately contacted companies outperformed those named to the CalPERS Focus List every spring over the past two decades.
CSR guidelines incorporated into Norwegian corporate governance code (Source: Responsible Investor) Last month saw a milestone for the corporate responsibility and responsible investment movement in Norway. The revised Norwegian Code of Practice for Corporate Governance was issued and included a clear statement of the board’s responsibility for corporate social responsibility (CSR). Watching the Watchers Center for Science in the Public Interest (CSPI) Headquarters: Washington, DC Established: 1971 OVERVIEW/MISSION The Center for Science in the Public Interest (CSPI) describes itself as “a consumer advocacy organization whose twin missions are to conduct innovative research and advocacy programs in health and nutrition, and to provide consumers with current, useful information about their health and well-being.” CSPI’s Web site has the tagline “Transforming the American diet” and also calls itself “an aggressive non-profit consumer organization conducting innovative programs in nutrition, alcohol, and food safety.”
BACKGROUND Highlights from CSPI’s history include a 1973 campaign against sodium nitrate in meats, successful efforts to require sodium labeling on foods, opening an advocacy office in Canada in 1996, and lobbying efforts in 2009 that CSPI says resulted in “the U.S. House of Representatives [passing] the most sweeping reform of the food-safety system in 70 years. Recent News Sweeps Senators Aim to Move Ahead on Food-Safety Bill (Wednesday - November 17, 2010) Associated Profiles : Center for Science in the Public Interest (CSPI) - The measure has backing from major industry groups and the consumer group Center for Science in the Public Interest, among others. "The food industry wants ... [more] As Bloomberg Fought Sodas, Nominee Sat on Coke Board (Wednesday - November 17, 2010) Associated Profiles : Center for Science in the Public Interest (CSPI) - ... years on the board of this junk-food producer is tainted,” said Michael Jacobson, executive director of the Center for Science in the Public Interest. ... [more] J. KARL MILLER: Government should keep hands off Happy Meals (Wednesday - November 17, 2010) Associated Profiles : Center for Science in the Public Interest (CSPI) - Moreover, this overdose of bureaucratic nonsense could go nationwide if the Center for Science in the Public Interest forges ahead with its suit against ...
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SustainabilityHQ Highlights is prepared by the Governance & Accountability Institute, Inc. based on continuous monitoring of trends and developments in Sustainability and ESG. The SustainabilityHQ™ platform is available by subscription. Governance & Accountability Institute is a monitoring, research, intelligence-gathering and knowledge management organizations operating at the intersections of powerful forces reshaping relationship between stockholders and stakeholders, and the public corporation. For more information, contact us at 646.430.8230 or info@ga-institute.com. G&A Institute manages SustainabilityHQ. |