Socially Responsible Investing News
SRI news headlines are provided by SocialFunds.com, the personal finance site dedicated to socially responsible investing.
Shareowner Activists Request Better Disclosure of Strategic Risks by Oil Sands Developers
- March 12, 2010 | By Robert Kropp. Investor group led by Boston Common Asset Management in the US and FairPensions in the UK joins forces to engage with BP and Shell on disclosure of strategic risk mitigation in Canadian oil sands developments.
Connecticut AG Sues Rating Agencies for Their Role in Financial Meltdown
- March 11, 2010 | By Robert Kropp. Lawsuit charges that Moody's and Standard & Poor's knowingly assigned inflated ratings to investments backed by sub-prime loans in order to earn lucrative fees.
Lack of Government Policy, Not Technology, Is Barrier to Climate Change Mitigation
- March 10, 2010 | By Robert Kropp. A climate scientist and a business leader join forces to assert the validity of climate science, and recommend the adoption of a market-based cap-and-trade program.
More Than 60 Companies Voluntarily Adopt Annual Shareowner Votes on Executive Compensation
- March 9, 2010 | By Robert Kropp. Companies adopting say-on-pay include many in the financial industries, and all TARP recipients mandated to do so last year; in the absence of legislation or regulations, activist shareowners file more than 70 resolutions on the issue this year.
Forced Child Labor Remains Widespread in Cotton Fields of Uzbekistan
- March 8, 2010 | By Robert Kropp. A report from the Environmental Justice Foundation finds that up to two million children are forced into working in Uzbekistan�s cotton fields, and recommends that apparel retailers improve monitoring of their supply chains to ensure that forced labor is not a part of them.
Investors File Record Number of Shareowner Resolutions on Climate Change
- March 5, 2010 | By Robert Kropp. Organizations that have filed resolutions addressing oil sands operations, quantitative greenhouse gas emissions reduction targets, and coal ash waste disposal, express strong support for SEC guidance on climate change disclosure.
UNEP Report Describes Urgent Need to Address E-Waste
- March 4, 2010 | By Robert Kropp. With growth of e-waste in developing countries expected to multiply by 2020, the report identifies technologies that can increase recycling rates and generate jobs in a low-carbon economy.
Vodafone Tops List of Sustainable ICT Companies
- March 3, 2010 | By Robert Kropp. Ranking of the largest global information and communication technology companies finds strengths in product innovation and supply chain engagement, but room for improvement in emissions reduction and stakeholder engagement.
Social Investors Brainstorm Responses to Citizens United
- March 2, 2010 | By Robert Kropp. Possible actions in response to the Supreme Court decision include voluntary disclosure of corporate political spending, regulatory action by the SEC, and Congressional legislation.
MSCI Will Acquire RiskMetrics
- March 1, 2010 | By Robert Kropp. Implications are uncertain for the ESG investment research industry, whose consolidation has been driven in large part by acquisitions by RiskMetrics.
