Spring Awakening: Notes from This Year’s CII Meeting

VEA Vice Chair Nell Minow reports on the Harvard Law School Corporate Governance and Financial Regulation Blog about CII’s spring meeting. The theme I heard most often at the annual spring meeting of the Council of Institutional Investors was ESG: environmental/social/governance risks and investment opportunities. The issues of how best to understand ESG and factor…

Exxon sees global oil demand plunging by 2040 under climate regulations

Exxon Mobil Corp said on Friday that it expects global oil demand to drop sharply by 2040 if regulations aimed at limiting the impact of greenhouse gas emissions on climate are fully implemented….But Exxon stopped short of laying out how efforts to limit carbon emissions could impact its business, data long sought by some shareholders….

New ABA Report on Climate Change and Sustainability Financial Reporting

VEA Vice Chair Nell Minow co-wrote one of the articles in this new American Bar Association report with 5050 Climate Project Executive Director Edward Kamonjoh. Also included, George Dallas on “Climate Change as a Matter of Corporate Governance: An Investor Perspective.” “Climate Change and Sustainability Financial Reporting”

Seeing Red on Climate | Grist

There’s a small but growing alliance of concerned conservatives who want to reclaim climate change as a nonpartisan issue. This motley crew of lobbyists, Evangelical Christians, and far-right radicals call themselves the “eco-right.” Christine Todd Whitman, former chief of the Environmental Protection Agency under President George W. Bush, believes the eco-right has a real chance…

The Danger Of Not Embracing ESG

According to Rivel Research Group, a firm that specializes in delivering actionable insight based on in-depth measurements of the investment community, ESG has six pillars: enhancement of market and accounting performance; lowering the cost of capital, a means to engage key shareholders; improving business reputation; fostering new revenue growth through product innovation; and aligning company…