A just-published study by two University of California researchers concludes that there is a noticeable and statistically significant impact on stock price for companies who voluntarily disclose information on greenhouse gas emissions. This is an encouraging finding for investors who believe that such sustainability-related information is important and material in evaluating companies’ future prospects. Despite [...]
I appreciated the opportunity to bring our panel on SEC Climate Change Disclosure Guidelines to a New York audience last week. When we first presented the topic at the Boston Security Analysts Society last December, several people recommended repeating the session in New York. It took some time to arrange, but the engaged audience made [...]
The SEC’s Guidelines on Climate Change disclosure that took effect in February, 2010 were an important first step in prompting public companies to assess the potential impacts – positive as well as negative – of climate change on their business and future prospects. Transparency and honest disclosure of material information to investors are, after all, [...]
SEC requirements for disclosure of material climate change impacts became effective in the early part of 2010 upon the publication of clarifying guidance by the agency. Virtually all public companies will now be reporting based on their assessments of how climate change will affect their business and many questions remain as to what constitutes best [...]
Three of the pioneers and leaders in the field of Socially Responsible Investing are presenting “Green your Green: An introduction to investing responsibly”, an open session at the Boston Public Library on October 19th. Aimed at individuals wanting an introduction to this important investment topic, this session will feature Amy Domini, Timothy Smith and Robert [...]
We designed the September 27th BSAS lunch session on ESG Integration to highlight a development that is further along than many in the investment community realize – the progress ESG is making towards incorporation in the mainstream. Putting it in the familiar terms of the technology adoption lifecycle model, our panelists’ presentations made a case [...]
The high profile disasters and loss of shareholder value at BP and TEPCO have put it in the news, but examining and integrating environmental, social and governance factors into investment decision making is a growing trend. Please join us for a Boston Security Analysts Society Luncheon Program on September 27th to learn more about New [...]
A recently published white paper from RCM provides evidence of outperformance generated through best-in-class ESG investing. Because it examined a sizable number of stocks (more than 900 spread across three geographic portfolios) over a period encompassing a wide range of market conditions (December 2005 to September 2010), it raises the conversation about ESG investing to [...]
Please join us for a BSAS panel on SEC Climate Change Disclosure Requirements on December 14th. The investment community has an opportunity to shape the future of public disclosure by getting involved early (and often). This program is one of several the SRI program sub-committee of the BSAS is planning for the coming year. If [...]
Two unrelated recent announcements heralded the arrival of Exchange Traded Funds to the world of sustainability investing. While this development represents another symbolic step in the mainstreaming of sustainability investing, the value – to advancing sustainability or investor returns – is much less clear. In May, Pax World Investments announced the ESG Shares, passively-managed Exchange [...]
