Sustainability Report | Embracing Sustainability Challenge | Business Roundtable

It is encouraging to see the members of the Business Roundtable challenging each other on sustainability. Business Roundtable CEOs are embracing sustainable practices across their businesses, resulting in stronger communities and a healthier environment. CEOs are leading the way through investments, innovation and strategic decisions, toward a more environmentally and economically sustainable future.  Source: Sustainability…

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….

Past Sustainability to Resilience

Melbourne’s Chief Resilience Officer Toby Kent, for many years one of the world leaders we most admire, has been named Chair of the Future Business Council. We completely agree that the focus of corporate strategy has to be on resilience, the ability to recover and thrive through uncertainty. According to Kent, [A]lthough sustainability and resilience…

Does Sustainable Investing Lead to Lower Returns? – Barron’s

Here’s what ESG integration is really about: From an investor’s standpoint, a sustainable company is one positioned for long-term success, one whose management understands and addresses short-term risks and innovates to exploit long-term opportunities. ESG data are a means that can enable an investor to understand a company’s strategy, corporate purpose, and management quality, at…

Asset Owners Increasingly Rely on Sustainability Indicators

Morgan Stanley’s Sustainable Signals report finds that asset managers are increasingly relying on sustainability indicators. The survey polled 118 public and corporate pensions, endowments, foundations, sovereign wealth entities, insurance companies and other large asset owners worldwide and gathered insights about trends, motivations, challenges and implementation approaches in sustainable investing. By rounding out the sustainable investing…

David Webber on Employee-Funded Capitalism: “Labor’s Last Best Weapon”

In the subtitle of his highly recommended new book, The Rise of the Working-Class Shareholder, David Webber calls employee pension funds “Labor’s Last Best Weapon.” He says that working-class employees could be a powerful force for sustainable economic growth through their pension funds. In an interview, Webber talked about the opportunities and challenges in making 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…

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….