iCompli Sustainability

10 Jun

Three things this week:

  1. If you think COP21 was just another media event think again

    Last week I was invited to participate at CEM7 (7th Clean Energy Ministerial), hosted by the USin San Francisco. CEM’s 23 member countries sent their energy leaders and the European Union, and the WBCSD (i.e: powerful global company network addressing climate/sustainability). The group, representing 90% of all clean energy investment and 75% of global carbon emissions, met to set concrete programs and funding mechanisms to achieve the COP21 commitments. Go here for an executive summary of what happened.

  2. Mercer Investment Consulting announced two initiatives

    At CEM7, Mercer Investment Consulting announced two initiatives: with the Center for International Environmental Law, to help U.S. public pension fund fiduciaries understand legal and economic risks in high-carbon investments; and with Divest/Invest Philanthropy on the range of clean energy/climate investment products available to 140 foundations and other investors representing $12 billion in total assets. Both projects will rely on the Mercer climate change investment study, found here.

  3. What's your ESG score?

    In a recent survey of 1000 investment professionals, the Bloomberg ESG rating was ranked the most used (53%) followed by DJSI at 44%.  Do you know your ESG score ? No matter what it is today, we can help you raise it. Go here to sign up your custom ESG scorecard.

SASB is coming—get ready:
Register to join our 30 minute speedinar with SASB as guest speaker, June 19, 11 am EST.

 

25 May
  1. Vatican Bank: to align with "teaching of the Holy Father"

    Last week, the Vatican announced sweeping reforms for the Vatican IOR (Bank), to address potential abuses, laundering and governance issues, while also indicating that reinvestments of equities will include clear socially responsible investment criteria. For people of faith the message is clear: “As the crisis of climate change is contributed to by human activity, we, Christians and Buddhists, must work together to confront it with an ecological spirituality..”

  2. Public company executives: in the dark on investors & ESG

    BCG’s/MIT Sloan Management Review :75% of senior investment executives say sustainability performance is material to their investments—nearly 50% won’t invest in weak performers. Why is it that only 60% of managers in publicly traded companies believe this? The disconnect explains why only 25% offer a compelling sustainability business case for savvy investors who say access to better ESG data has enabled better investment decisions. Savvy executives…a work in progress?

  3. Fund Managers: doubling 2016 impact investment pool to $12.4 B

    Fund managers—foundations, banks, pension funds, insurance—plan to raise $12.4 B this year for impact investing, versus $6.7B in 2016, almost doubling funds from family offices and foundations, according  to Global Impact Investing Network’s report released this week. It’s a drop in the big bucket, but what was that guy saying about tipping points?

 

SASB is coming—get ready: join our 30 minute speedinar with SASB as guest speaker, June 19, 11 am EST.

And, This email address is being protected from spambots. You need JavaScript enabled to view it. for a demo of our SASB alignment tool.

 

13 May

 

This is the news of the week, month, year. Selected excerpts, SEC Commissioner Kara M. Stein’s keynote speech at the 48th Annual Rocky Mountain Securities Conference (May 6). And I quote…

  1. “Today, investors make their decisions based on an array of information which goes beyond mere profit and loss… Sustainability disclosure differentiates companies and may foster investor confidence, trust, and employee loyalty.”

  2. “… today’s investors are considering strategies that take into account environmental, social and corporate governance criteria. For example, at the start of 2014, more than one out of every six dollars in assets under management -- $6.57 trillion -- was invested using such strategies. This is an increase of 76% since the start of 2012, and a startling 929% increase since 1995.[9] This phenomenon is here to stay.”
     
  3. “Why? It’s not just about socially conscious millennials, although that is certainly a factor.[10] …companies adopting certain sustainability measures may perform better than those that do not.[11] What changes to our disclosure regime may be implicated by this trend?”
     

If you’d like to see a customized scorecard showing how your ESG disclosures compare to peers, get in touch with me.  You can download a sample scorecard here. We’d be happy to provide some insights on what to do to improve your scores.