Corporate Responsibility Ranking — oekom sees an “Upward Trend”

The oekom Corporate Responsibility Review 2018, the annual report on sustainability in corporate management, confirms the upward trend observed over the past five years. The share of companies in the industrialized countries with good and very good ratings is currently 17.19 % – slightly higher than in the previous year. Moreover, at 43.62%, the group…

Avenue Capital to launch ‘impact’ investment fund, source says

Avenue Capital Group LLC, a New York-based investment firm with $9.4 billion in assets under management, plans to launch a fund this year that will focus on so-called impact credit investments, according to a person familiar with the matter.The Avenue fund will primarily make debt investments, along with some equity, in North American companies, the…

Disclosure Is About Risks And Opportunities, Not Politics

Felicia Jackson writes in Forbes: Climate and environmental information reporting is becoming mainstream. The focus on risk disclosure means it doesn’t matter whether you believe in climate change or not – what matters is transparency about corporate risk.As Richard Samans, Chairman, CDSB and Managing Director, Head of Policy and Institutional Impact at the World Economic…

CEOs Need ESP For ESG

Jeffrey Sonnenfeld writes in Chief Executive: In 1979, the industrialist George Weyerhaeuser told me, “We have a license to operate from society, which can be revoked if we violate its terms,” referencing a corporate social responsibility movement popular at the time. BlackRock CEO Larry Fink’s 2018 letter to CEOs is a new clarion call for…

Climate risk: Running out of time | Magazine | IPE

• Climate change is an existential risk whose elimination must become a corporate objective • Scenario analysis can be a powerful tool but can distract investors from engagement • Corporates need plans that address climate risk and outline moves to a low-carbon economy Source: Climate risk: Running out of time | Magazine | IPE