28 10, 2020

Why millennials will win Trump’s war on socially responsible investing

2020-10-28T09:42:08-07:00October 28th, 2020|Categories: Socially Responsible Investment|Tags: , |

The United States Department of Labor (DOL) spent the summer declaring war on socially responsible investing. Under current Labor Secretary Eugene Scalia, DOL took two huge steps to crush so-called “ESG” — environmental, social, and governance investing. The first, smaller, mostly procedural step took place in June with a move that would sharply increase the paperwork and regulatory burdens on ESG investors. The second, more brazen step took place just before Labor Day, when DOL proposed a rule change designed [...]

3 04, 2020

UN PRI COVID-19 signatory update

2020-04-03T15:08:25-07:00April 3rd, 2020|Categories: Socially Responsible Investment|Tags: , |

Over the past month at PRI we have been hard at work contingency planning, reshaping our organisational strategy and ways of working in response to the Covid-19 crisis, as I’m sure many of you have also been doing. We’ve been seeking firstly to ensure the health and safety of all our global staff, but importantly also putting plans in place to enable us to continue to deliver on our commitments to you wherever we can. More than that, we’ve [...]

1 11, 2019

Letter from Fiona Reynolds, PRI

2019-11-01T09:39:33-07:00November 1st, 2019|Categories: Socially Responsible Investment|Tags: , |

Dear US Signatories, Since its inception, the Principles for Responsible Investment (PRI) has prioritized a market-led evolution toward long-term responsible investment. PRI remains committed to active, ongoing engagement with signatories regarding significant matters affecting financial markets including environmental, social and governance (ESG) issues. Today the evidence of the urgent need to address sustainability issues, such as climate change, is incontrovertible—we no longer have the luxury of waiting for all market participants to accept their responsibility to contribute to a [...]

29 10, 2019

PRI asks signatories to join in effort to prod U.S. to act on responsible investment

2019-10-29T08:35:45-07:00October 29th, 2019|Categories: Socially Responsible Investment|Tags: |

The United Nations-backed Principles for Responsible Investment organization will be engaging with U.S. policymakers to help them catch up on sustainable financial policy reforms, and it is encouraging its signatories to do the same. Other countries are "acting with growing urgency to adopt measures that integrate responsible investment," but the U.S. "remains a glaring outlier" when it comes to a global policy consensus on sustainable finance, CEO Fiona Reynolds said in an Oct. 17 letter to PRI's 510 U.S. [...]

20 02, 2019

Foundations in RI

2019-02-20T09:40:34-08:00February 20th, 2019|Categories: Socially Responsible Investment|Tags: |

Foundations in Responsible Investment is recognised as the international “gold standard for ESG training”. It was developed as the PRI Academy’s foundational course, focusing on the identification and implementation of ESG factors into investment decision making. The course, which takes 12 - 14 hours to complete, explores the key principles of responsible investment, uses real-life case studies to illustrate the materiality of ESG issues in business, introduces strategies for identifying and managing new approaches to ESG risk, and identifies [...]

20 02, 2019

Getting Started in RI

2019-02-20T09:37:34-08:00February 20th, 2019|Categories: Socially Responsible Investment|Tags: |

Getting Started in Responsble Investment is a short, two to three hour training course designed for professionals across the business spectrum that want an insight into responsible investment. The course delivers the business case for RI and introduces new ideas to traditional investment approaches. The course explores the key principles of responsible investment, uses real-life case studies to illustrate the materiality of ESG issues in business, introduces strategies for identifying and managing new approaches to ESG, and identifies sustainability [...]

19 01, 2018

More investors are putting their money where their beliefs are

2018-01-19T09:41:56-08:00January 19th, 2018|Categories: Socially Responsible Investment|Tags: |

It used to be fairly simple to pick companies considered socially responsible investments. All an investor had to do was avoid business associated with alcohol, tobacco, weapons and gambling. That approach to ethical investing would greenlight just about any company involved in health care or technology with little or no regard for how the company conducted business, treated employees or dealt with the environment. “Today, responsible investing takes a more sophisticated approach,” said Jonathan Bernstein, a senior research analyst [...]

10 03, 2016

Socially Responsible Investing – Exclude or engage?

2016-03-10T00:59:10-08:00March 10th, 2016|Categories: Socially Responsible Investment|

The idea of socially responsible investing (SRI) has been around at least since the 18th century when, in the US, the Quakers prohibited members from investing in the slave trade. Other religious leaders discouraged the ownership of shares in industries that either harmed their workers or were perceived as immoral – tobacco, alcohol, firearms. […]

19 01, 2016

Generation Gap: Why Millennials Have Hooked On To Impact Investing

2016-01-19T23:50:13-08:00January 19th, 2016|Categories: Socially Responsible Investment|Tags: , |

Impact investing isn’t only for the softhearted. In the past year alone, BlackRock launched new business unit BlackRock Impact, Goldman Sachs bought impact advisory firm Imprint, and former Massachusetts governor Deval Patrick now heads up Bain & Capital’s impact fund. “Some of the most celebrated and followed world-class investors have jumped into impact investing in the last year,” says Jean Case, AOL Inc entrepreneur and CEO at the Case Foundation. Hedge funder Bill Ackman put $5.8 million into Bridge International [...]

4 12, 2015

Rebuilding Banking Trust

2015-12-04T23:17:20-08:00December 4th, 2015|Categories: Socially Responsible Investment|Tags: |

“Bankers are not the most popular figures in America right now,” says Keith Mestrich, chief executive of Amalgamated Bank. “The industry has lost consumer trust and has done very little to earn it back.” With respect to the banking industry in general, that’s probably an understatement. Earlier this year, a Harris Poll showed that America’s three largest banks— JPMorgan Chase, Bank of America and Citigroup — enjoyed “poor” reputations among the public at large. A fourth, Goldman Sachs, flirted with “very poor,” [...]

Go to Top