The Shareholder Commons announced today that Yum! Brands (NYSE: YUM, the “Company”) has agreed to provide comprehensive reporting on the systemic effects of the use of antibiotics in its supply chain by the end of 2021. Paul Rissman, a long-time shareholder of the Company, worked with The Shareholder Commons, a non-profit organization that seeks to…
Category: SDG
Why America’s CEOs Are Talking About Stakeholder Capitalism by Mark Roe – Project Syndicate
[T]wo deeper forces help to explain why the Business Roundtable felt that it needed to say something now. First, activist shareholders are making life uncomfortable for the boards and senior executives of America’s largest corporations. The Business Roundtable’s statement is thus in part a plea from CEOs for more autonomy vis-à-vis shareholders. In effect, the Roundtable’s…
Michael W. Frerichs – Illinois State Treasurer: Raising The Bar on Investing
Illinois state treasurer Michael W. Frerichs is one of the most respected public pension fund fiduciaries in the country and we were delighted to see his thoughtful comments on ESG as an essential element in minimizing investment risk. Making Prudent Choices. Investing means making choices. For the investment officers at the Illinois State Treasurer’s Office,…
Infographic: Understanding the Dow Jones Sustainability Indexes (DJSI) | FrameworkESG
The Dow Jones Sustainability Indices (DJSI) began as one global index in 1999, comprising the top-ranked companies from each industry based on environmental, social, and governance criteria. The DJSI now includes many indices, including one for each world region. Each year, invited companies submit a questionnaire, which is scored and compared to peers. Only companies…
Fashion Companies Reach Landmark Sustainability Accord Ahead of G7 Summit – Fortune
The fashion industry is perhaps second only to the automotive industry in terms of its contributions to climate change, so this is a very significant step forward. This afternoon at the Élysée Palace, French President Emmanuel Macron and Kering chairman and chief executive François-Henri Pinault unveiled a new plan to reduce the environmental impact of…
Largest ever group of global investors call for more action to meet Paris targets | Environment | The Guardian
The largest ever group of institutional investors has called on governments around the world to urgently increase their efforts to meet the Paris climate change agreement goals.The 414 global investors – which represent US$31 trillion of assets-under-management – say they are deeply concerned about the “ambition gap” that exists between governments’ commitments and what is…
Business Reaches a Turning Point – The New York Times
Once again, the business case for ESG/SDG: Over the course of a day of conversations with some of the top executives in the nation during last week’s conference — DealBook: Playing for the Long Term — a common refrain was heard, echoing the sentiments of Larry Fink, chief executive of BlackRock, the largest investor in…
Public Sentiment and the Price of Corporate Sustainability – Working Paper – Harvard Business School
Combining corporate sustainability performance scores based on environmental, social, and governance (ESG) data with big data measuring public sentiment about a company’s sustainability performance, I find that the valuation premium paid for companies with strong sustainability performance has increased over time and that the premium is increasing as a function of positive public sentiment momentum….
Morgan Stanley: The Business Case for Sustainable Investing
While the adoption of sustainable investing strategies are growing, there remains concern among many investors that incorporating environmental social and governance (ESG) criteria into your portfolio means accepting a lower rate of return.To move past that notion, it’s important to understand that the definition of sustainable investing has nothing to do with philanthropy, nor is…
US SIF: Sustainable, Responsible, and Impact Investing Trends Report
US SIF has published a new report on sustainable, responsible, and impact investing trends, noting a one-third increase: The demand for sustainable and impact investing is growing—investors now consider environmental, social and governance (ESG) factors across $8.72 trillion of professionally managed assets, a 33 percent increase since 2014. Money managers and institutional investors are scrutinizing…
ValueEdge Advisors 