1. KOFI ANNAN LAUNCHES PRINCIPLES FOR RESPONSIBLE
INVESTMENT
A group of the world's largest institutional investors joined
Kofi Annan, the UN Secretary General, at the US Stock Exchange on
28th April to officially launch the Principles for Responsible Investment.
The heads of leading institutions from 16 countries, representing
more than $2 trillion in assets owned, officially signed the Principles
at the special launch event.
http://www.asria.org/news/press/1146540203
2.
FINANCIAL INSTITUTIONS ANNOUNCE REVISION OF EQUATOR PRINCIPLES
The Equator Principles Financial Institutions (EPFIs) have
announced the launch of the revised Equator Principles. The principles
provide a common set of best practices to manage social and environmental
risks related to project financing. The principles also reflect the
recent revisions to the International Finance Corporation's (IFC)
Performance Standards, upon which the Equator Principles are in part
based.
http://www.asria.org/news/press/1152600979
3. WINNERS OF FT SUSTAINABLE BANKING AWARDS ANNOUNCED
HSBC won the Sustainable Bank of the Year award at the FT Sustainable Banking Awards presentation. The awards were launched in association with the International Finance Corporation, the private sector arm of the World Bank Group and have helped set benchmarks on how banks can adapt to meet social, environmental, and financial goals.
http://www.asria.org/news/press/1151377663
4.
NEW CLEAN ENERGY INDEX LAUNCHED
The NASDAQ Clean Edge US Index joins several other recently
launched clean energy indexes tracking solar photovoltaic, biofuel,
wind, and fuel cell companies.
http://www.asria.org/news/press/1147839453
5.
SHAREHOLDER NETWORK LAUNCHED TO CURTAIL TOXICS IN PRODUCTS
Seventeen investing organizations collectively representing
more than $22 billion in assets under management have issued a joint
statement calling for better disclosure regarding the risks of toxics
in products.
http://www.asria.org/news/press/1149127562
6.
WINSLOW AND JUPITER LAUNCH GLOBAL GREEN FUND USING ONLY POSITIVE ENVIRONMENTAL
CRITERIA
The Jupiter Green Investment Trust pioneers cross-continent
collaboration and evolution from negative screening to positive sustainability
criteria.
http://www.asria.org/news/press/1150184259
7.
NEW
TOOL FROM EIRIS ALLOWS INVESTORS TO ANALYSE THE SUSTAINABILITY OF
SOVEREIGN BONDS
EIRIS has launched a country sustainability rating
service to meet the needs of socially responsible investment managers
wishing to invest in sovereign fixed income securities.
http://www.asria.org/news/press/1153362162
8.
UNEP AND PARTNER INVESTMENT COMPANIES PUBLISH REPORT, "SHOW ME THE
MONEY"
Fourteen investment companies have launched a report for
the United Nations Environment Programme Finance Initiative (UNEP
FI). The report outlines the growing importance of environmental,
social and governance (ESG) concerns to the global investment industry.
http://www.asria.org/news/press/1153119384
9.
SOCIALLY RESPONSIBLE INVESTMENT ANALYSTS FIND MORE LARGE U.S. COMPANIES
REPORTING ON SOCIAL AND ENVIRONMENTAL ISSUES
A growing number of the largest publicly traded U.S. companies are
reporting on their environmental and social performance, according
to a new study by the Social Investment Research Analysts Network
(SIRAN) conducted by the independent investment
research firm KLD Research & Analytics.
http://www.asria.org/news/press/1153119104
10.
THE IMPLICATIONS FOR INVESTORS OF MEASURING CORPORATE CARBON FOOTPRINTS
Trucost ranks the carbon intensity in UK portfolios, arguing
for over-weighting companies with lower carbon footprints to reduce
ecological impact while maintaining performance.
http://www.asria.org/news/press/1152000411
11.
GERMAN COMPANIES MUST REPORT SUSTAINABILITY "KEY PERFORMANCE
INDICATORS" IN ANNUAL FINANCIAL REPORTS
In 2006, German companies have to disclose material non-financial
sustainability "Key Performance Indicators" (KPIs) for the first time
in their financial reports for the financial year 2005.
http://www.asria.org/news/press/1151375896
12.
RESPONSIBILITIES OF BANKS TO MITIGATE CLIMATE CHANGE: A STUDY INTO
CLIMATE CHANGE BEST PRACTICES AMONGST BANKS
SiRi Company network partner Dutch Sustainability Research
(DSR) has published a report with best practice guidelines for commercial
banks to mitigate climate change.
http://www.asria.org/news/press/1150711697
13.
WORLD RESOURCES INSTITUTE AND CITIGROUP TEAM UP TO REPORT ON SOLUTIONS
TO CLIMATE CHANGE
The report, entitled "Investing in Solutions to Climate Change",
identifies twelve companies set to benefit from global warming by offering
products and services in four areas of climate change mitigation.
http://www.asria.org/news/press/1150708028
14. ICMM LAUNCHES BLUEPRINT FOR BIODIVERSITY
GOOD PRACTICE
Mining companies seeking to improve their biodiversity performance
can now do so with the help of a new 142-page guide which has been
published by the International Council on Mining and Metals (ICMM).
http://www.csrwire.com/PressRelease.php?id=5842
15.
CONFIRMING THE CALPERS EFFECT: ACADEMIC STUDY LINKS SHAREOWNER ACTIVISM
TO FINANCIAL GAIN
Examining companies targeted for governance reform by the
CalPERS Focus List, the study presents data correlating activism to
increasing shareowner value.
http://www.asria.org/news/press/1147846488
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