SRI Books

Library Catalogue of Hong Kong Public Libraries
	Environmental Alpha: Institutional Investors and Climate Change Edited by Angelo Calvello The definitive guide to how institutional investors should approach the risks and opportunities associated with climate change Environmental Alpha provides institutional investors with the comprehensive framework they need to assess the risks and investment opportunities tied to climate change. Climate change will present institutional investors with some of the most important risks and opportunities they will face for generations to come. Climate change has the potential to affect many sectors in radically different degrees over time, and institutional investors need to have a thorough understanding of the multi-dimensional risks and opportunities that could influence nearly every investment in their portfolios. This volume is composed of contributions by leading experts in environmental investment, moving beyond the theoretical or academic nature of much of the current discussion on the topic to provide you with real-world insights into an emerging market. Examines the climate change-related drivers of returns (science, economics, policy, and technology) that make environmental alpha possible Explores fiduciary duty and climate change Contains in-depth explanations of each of the major categories of environmental investing and examines related environmental alpha opportunities Discusses practical implementation issues Presents real-world case studies and examples Climate change will be one of the most important investment themes of the next twenty years; the related environmental investment opportunities will provide institutional investors with some of the greatest "alpha" opportunities for years to come. This book will put you in a better position to assess and access these opportunities. Find out more from here.
	Investing in a Sustainable World - Why Green Is the New Color of Money on Wall Street Edited by Matthew J. Kiernan "Matthew Kiernan has redefined global thinking around sustainable finance and responsible investment. Without Kiernan's work since the late 1980s, the battle to drag institutional investors to the sustainability table would have been immeasurably harder. Kiernan's magic, as this book gives fine witness to, is based on a deep intellect, the confidence to continually challenge the investment status quo and the ability to see fundamental changes in the markets well in advance of the mainstream." --- Paul Clements-Hunt, Head, United Nations Environment Programme Finance Initiative (UNEP FI), Member of the Board, UN Principles for Responsible Investment (PRI)" Find out more from here.
	Sustainable Investing Edited by Cary Krosinsky Sustainable Investing is fast becoming the smart way of generating long-term returns. With conventional investors now scrambling to factor in issues such as climate change, this book captures a turning point in the evolution of global finance. Bringing together leading practitioners of Sustainable Investing from across the globe, this book charts how this agenda has evolved, what impact it has today, and what prospects are emerging for the years ahead. Find out more from here.
	Creating a World Without Poverty: Social Business and the Future of Capitalism Edited by Muhammad Yunus, Karl Weber The influential economist and winner of the 2006 Nobel Peace Prize outlines his vision for a new business model that combines the power of of free markets with the quest for a more humane world. Includes stories of companies that are already doing social business. Find out more from Amazon.com
	International Documents on Corporate Responsibility Edited by Stephen Tully Law Department London School of Economics and Political Science, UK The changing social expectations of corporations within a globalized economic environment are challenging our traditional conception of the proper commercial function. This text delimits their emergent roles and responsibilities under international law. Find out more from Amazon.com
	Managing the Business Case for Sustainability The Integration of Social, Environmental and Economic Performance Edited by Stefan Schaltegger and Marcus Wagner Centre for Sustainability Management (CSM) University of Luneburg, Germany The book presents a wide breadth of academic and practitioner perspectives on corporate social and environmental sustainability. Find out more from Amazon.com
ASrIA members are offered an exclusive 15% discount on the newly published book, Responsible Investment, edited by Rory Sullivan and Craig Mackenzie. To benefit from the discount go to: http://www.greenleaf-publishing.com/ catalogue/riuksifdisc.htm	Responsible Investment Edited by Rory Sullivan and Craig Mackenzie MOST INVESTMENT TODAY is conducted by a relatively small number of institutional investors — pension funds and investment managers — who manage the pensions and saving funds of millions of ordinary people. The manner in which these institutional investors invest and discharge their responsibilities as the owners of companies is, therefore, of critical importance to society as a whole. In recent years, some of the biggest institutional investors have actively encouraged companies to improve their management of social, ethical and environmental issues. A number have also sought to explicitly analyse companies’ performance on these issues and to incorporate this analysis into investment decision-making. These activities have contributed to important changes: a number of companies have committed to stabilising or reducing greenhouse gas emissions from their activities and operations, labour conditions in many retail supply chains have improved significantly, and many companies have significantly improved their governance of corporate responsibility issues. However, to date, there has been little systematic analysis of fundamental questions such as: Do responsible investment strategies systematically result in improvements in the social, ethical and environmental performance of companies? To what extent is it in investors’ interest to encourage higher standards of corporate responsibility? Do responsible investment strategies enhance financial performance for investors? In this ground-breaking collection, Rory Sullivan and Craig Mackenzie have brought together some of the leading practitioners and commentators in the field of responsible investment to explore these questions. The contributors to this book present their views on the practicalities of implementing responsible investment strategies, the outcomes that have been achieved, the practical issues and barriers faced in implementing such strategies, and the challenges to be faced if responsible investment is to become a mainstream investment approach. The results are both unique and surprising. This book will be mandatory reading for all those involved in the field of social and environmentally responsible investment, corporate governance and corporate social responsibility whether they be academics, researchers or practitioners. Find out more from Greenleaf Catalogue
	Strategic Corporate Social Responsibility: Stakeholders in a Global Environment Author: William B. Werther Jr., David Chandler Strategic Corporate Social Responsibility: Stakeholders in a Global Environment provides faculty and students with a comprehensive, stand-alone text to support traditional and innovative courses in corporate social responsibility (CSR). Integral to the book's unique format is the real-life “mini-case-study” approach across the spectrum of CSR topics, backed by Internet accessible references. Adopting a stakeholder approach to CSR, the content and format of this sourcebook defines CSR within the global communications environment in which multi-national corporations operate today. Find out more from Amazon.com
	The Market For Virtue: The Potential And Limits Of Corporate Social Responsibility Author: David Vogel The principles and practices of corporate social responsibility date back more than a century , but the current wave of global interest is unprecedented. With The Market for Virtue, David Vogel has provided the most comprehensive analysis to date of the contemporary CSR movement in both the United States and Europe. Growing awareness of CSR is evident in the growth of social and ethical investment funds, voluntary codes of corporate conduct, and companies’ self-reporting on social and environmental practices. Deep grassroots interests can be seen in boycotts, protests, and the growing number of organizations monitoring corporate social and environmental performance. A renowned authority on business-government relations, Vogel offers a thoughtful and balanced appraisal of the movement’s accomplishments and limitations, including a critical evaluation of the business case for CSR. While acknowledging the movement’s achievements—most notably in labor, human rights, and environmental conditions in developing countries—Vogel also demonstrates that CSR’s potential to bring about a significant change in corporate behavior is exaggerated. While corporate social responsibility can be a useful tool alongside laws and regulations, it cannot completely replace them. The Market for Virtue explores the extent to which improvements in corporate conduct can occur without more extensive or effective government regulation—in the United States, Europe, the Far East, and developing nations. In other words, what is the long-term potential of business self-regulation? The improvement that can be expected is far more modest than recent breathless writing on CSR would indicate. At some point, many businesses must choose between doing what seems ethically rights and what is most profitable. Since businesses are typically found to make money—and because shareholders and capitalism demand that they do so—the bottom line tends to win out. There is a market for virtue, but it is limited by the substantial costs of more responsible business behavior. Find out more from Amazon.com
	The Sustainability Revolution Portrait of a Paradigm Shift Author: Andres R. Edwards Sustainability has become a buzzword in the last decade, but its full meaning is complex, emerging from a range of different sectors. In practice, it has become the springboard for millions of individuals throughout the world who are forging the fastest and most profound social transformation of our time - the Sustainability Revolution. This book paints a picture of this largely unrecognized phenomenon from the point of view of five major sectors of society, concluding that the values emerging from sustainability work define a major paradigm shift. The first book of its kind, it will appeal to business and government policy makers, academics, and all interested in sustainability. Find out more from Sustainability Revolution
	The Next Sustainability Wave : Building Boardroom Buy - in (Conscientious Commerce) Author: Bob Willard The idea of sustainability has been embraced enthusiastically by some businesses and rejected by others. The first wave of corporate converts to sustainability was perhaps driven by a public relations crisis, regulatory pressures or the founder's personal passion. The next wave, however, requires different drivers if it is to build a critical mass for corporate responsibility in the business community. Find out more from Amazon.com
	Sustainable Finance & Banking The Financial Sector and the Future of the Planet Author: Marcel Jeucken This book sets out to rectify the state of affairs detailed above, in a style which is also accessible to those with no experience of environmental or finance issues. It provides a comprehensive account of their interdependence: why the financial sector is crucial to achieving sustainability and why the triple bottom line of commercial, environmental and social success points the way forward for banking. From a systematic assessment of major banks around the world, the book presents a comprehensive account of current best practice, an analysis of the differences in approach and performance, and recommendations of actions and policies for improved performance that will contribute to sustainable development. Find out more from Amazon
	Corporations and the Public Interest : Guiding the Invisible Hand Author: Steven Lydenberg Private enterprise is rapidly taking hold as the world's dominant economic paradigm, but business scandals, environmental degradation, and rampant poverty are stark reminders that business alone - unregulated and unsupervised - will not solve the world's problems. Using a unique market-based approach and a socially inclusive definition of wealth, Corporations and the Public Interest offers a refreshing new system for assessing corporations' real commitment to the public. Steven Lydenberg's plan includes strategies for steering companies in socially responsible directions and imposing costs on those that neglect their responsibilities to the community. Find out more from Amazon.com
	Pay without Performance - The Unfulfilled Promise of Executive Compensation Author: Lucian Bebchuk and Jesse Fried Pay without Performance presents a disconcerting portrait of executives' power to influence their own pay -- and of the structural defects in corporate governance that give them this power. As this book demonstrates, boards have persistently failed to negotiate at arm¡¦s length with the executives they are meant to oversee. Lucian Bebchuk and Jesse Fried give a richly detailed account of how pay practices- from option plans to retirement benefits-have decoupled compensation from performance and camouflaged both the amount and performance-insensitivity of pay. They show that flaws in pay arrangements and the pay-setting process have been widespread and systemic. These problems have hurt shareholders both by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. Find out more from Amazon.com
	Managing Reputational Risk Author: Jenny Rayner Managing reputational risk goes beyond PR and spin, and explains the need for strong leadership; robust management, monitoring and reporting mechanisms; careful customer and supplier screening; and the co-operation of external partners. It "demystifies reputation risk management, making it accessible to the board," according to the newsletter of the Association of Chartered Certified Accountants. Chapter 1. Reputation Unravelled. Chapter 2. The Business Case for Reputation Risk Management. Chapter 3. Risk Management: An Overview. Chapter 4. Identifying, Prioritising and Responding to Risks. Chapter 5. Making Reputation Risk Management Everyone's Business. Chapter 6. Managing Threats and Opportunities to Reputation. Chapter 7. Reputation in the Spotlight. Chapter 8. Peace of Mind Through Audit and Assurance. Chapter 9. Bolstering Reputation Through Transparent Reporting and Communications. Chapter 10. Maintaining Momentum. Chapter 11. Towards a Sustainable Reputation. Chapter 12. Future Challenges and Opportunities. Appendix A: The Hermes Principles. Appendix B: Appendix to the Turnbull Report. Appendix C: BP's Policy Commitment on Ethical Conduct. Appendix D: Twelve Steps for Implementing a Code of Business Ethics. 340 pages, hardback ISBN 0-471-49951-X Publisher: Wiley Find out more from Amazon.com
	Is Fair Value Fair? Editors: Professor Henk Langendijk, Professor Dirk Swagerman and Willem Verhoog Financial reporting from an international perspective aims to fully prepare readers for the introduction of the International Financial Reporting Standards in 2005. These, the authors say, will radically change methods of financial reporting, making this volume an invaluable tool for corporate financiers and institutional investors. Introduction Part I: The future of international accounting. The model of Black and Scholes is like Newtonian physics before Einstein was born (R. Elliott). Current US accounting issues (N. Strauss). Part II: Regulations and regulators. We have to produce one set of unified high-quality global standards (D. Tweedie). EFRAG: a new force to be reckoned with in the reporting field (J. Van Helleman). Not partial, but full application of IAS (L. van der Tas). IAS and the European Union (K. van Hulle). IAS and legislation (J. Klaassen). Shifting towards an Anglo-Saxon perspective on rules (E. Eeftink). Uniform rules are important, but they must not block the view (J. den Hoed). Part III: Supervision and compliance. Towards a new supervisory landscape (P. Koster). The Enterprise and Companies Court as supervisory body (J. Willems), Globalisation is OK, as long as it takes account of Dutch culture (M. van Hoepen). Enforcement of IAS is crucial for the realisation of a global standard for financial reporting (R. Vergoossen). Willem Verhoog Physical description: 384 pages, hardback Publication date: March 2003 ISBN 0-470-85028-0 Publisher: Wiley Find out more from Amazon.com
	Environmental Ethics Editor: Dr Rosamund Thomas Coursebook: Environmental ethics is an invaluable training resource presenting both practical standards, environmental audit and 'best practice' and ideals to which countries can aspire. Its presentation of environmental law and sustainable management serves as a core text for MBA courses on environmental ethics and corporate social responsibility. Foreword by the recent Chairman of the UK Royal Commission on Environmental Pollution Case-study analyses including: the 'The Bhopal Gas Disaster' 'Industrial Quarrying in the Yorkshire Dales' (UK). Notable contributors: Canadian Federal Government, a Local Agenda 21 case-study (UK local government); professor George Frederickson on 'Social equity between generations'. Blueprints provided for: ethics and corporate responsibility by government ethics and corporate responsibility by industry, such as the nuclear energy industry ethics and environmental audit environmental Liability ethics and environmental reporting science, technology and environmental ethics Physical description:805 pages with colour illustrations, hardback Publication date: October 1996 ISBN: 1-871891-06-X Publisher: Ethics International Press Find out more from Amazon.com
	Values to Value - A Global Dialogue on Sustainable Finance Chief Editor: Paul Clements Hunt, Head of Unit, UNEP FI Co-ordinating Editors: Regina Kessler and Robert Reid Content Editors: Graham Cooper and Marni Robinson WHAT IS THE PRESENT STATE of sustainable finance? Who is actively involved in the sustainable finance agenda? How can the ideals of sustainable development be incorporated into the business practices and models of the finance sector? How can capital markets support the ¡¥people, planet, prosperity¡¦ ethic? These questions and more are addressed in the UNEP FI report entitled Values to Value: A Global Dialogue on Sustainable Finance. Through a compilation of essays from almost 100 sustainable finance experts and practitioners from all over the world, this report presents an incisive look into the minds of some of those most active players in this fascinating field. The report is divided into thematic sections to address issues such as Asset Management; Climate Change; Export Credit Agencies; Environmental Management, Reporting and Indicators; and Financial Systems; along with region-specific coverage. The report is based on the two-year UNEP FI ¡¥Global Tour¡¦ conference series that engaged over 1,700 finance practitioners, NGOs, government officials and other private-sector representatives in a dialogue on finance and sustainability. Over this two-year period the UNEP FI team was able to gather a world-roving perspective of the various regional approaches to sustainable finance and the key issues that apply. This finance-sector perspective was brought to WSSD by UNEP FI and is now captured in the Values to Value report. If you are involved in the sustainable finance field or would like to get up to speed on such issues, this is the key text available today. Values to Value (V2V) consists of 550 pages in a ring-bound format. Within the report package there is a CD-ROM containing over 150 presentations, the PDF version of the actual report, along with various reports, studies and publications that have come out of two years of UNEP FI work. The report is divided into thematic as well as regional sections. The ¡¥Global Outreach Tour¡¦ section consists of eight reports detailing the key outcomes of the various region-specific and global events that have taken place over the past two years. The second section of the report focuses on UNEP FI¡¦s key working groups and regional taskforces to illustrate the progress and direction that the finance sector has taken towards adopting sustainable development ideals on both a thematic and region-specific level. The report also includes almost 100 articles from key experts to give incisive up-to-date perspectives on the various issues at hand. Published by the United Nations Environment Programme Finance Initiative Find out more from Greenleaf Catalogue
	The Best Business Stories of the Year: 2004 Edition by Andrew Leckey (Editor) Ethics, disclosure, labor relations, executive compensation, and insider trading are among the topics related to socially responsible investment in this collection of business articles. The 2004 edition of The Best Business Stories of the Year is a compendium of articles that reveal the human stories behind the headlines. The book features some of the best journalists being published, so it is not surprising that the articles were brimming with crisp writing and perspectives you cannot get from front page news. Several of the articles hit home to me personally, as they discussed Henry Blodget, the disgraced former Merrill Lynch (ticker: MER) stock analyst. Many of the other articles in this year's edition of the Best Business Stories address core issues for socially responsible investing, such as labor relations at Wal-Mart (WMT) and Starbucks (SBUX), executive compensation, and insider stock sales. Paperback: 496 pages ; Dimensions (in inches): 1.09 x 7.99 x 5.19 Publisher: Vintage Books; (January 6, 2004) ISBN: 140003146X Find out more from Amazon.com
	State of the World 2004 by Brian Halweil, Lisa Mastny, Erik Assadourian, Christopher Flavin, Hilary French, Gary Gardner, Danielle Nierenberg, Sandra Postel, Michael Renner, Radhika Sarin, Janet Sawin, Amy Vickers, Linda Starke (Editor), Worldwatch Institute, The Worldwatch Institute In State of the World 2004, the Worldwatch Institute's award-winning research team focuses on consumption, pointing to the many ways in which our consumption habits drive ecological and social deterioration, as well as how these habits can be redirected to reinforce environmental and social goals. As always, State of the World 2004 provides government officials, journalists, professors, students, and concerned citizens with a comprehensive analysis of the global environmental problems we face along with detailed descriptions of practical, innovative solutions¡Xlike charting the most environmentally sound path to a hydrogen-fueled economy, or accelerating the rapidly growing conversion of farmers worldwide to organic farming and sustainable agriculture. Written in clear and concise language, with easy-to-read charts and tables, State of the World 2004 presents a view of our changing world that we, and our leaders, cannot afford to ignore. Paperback: 272 pages ; Dimensions (in inches): 0.71 x 9.26 x 6.98 Publisher: W.W. Norton & Company; (January 2004) ISBN: 0393325393 Find out more from Amazon.com
	What Matters Most: How a Small Group of Pioneers Is Teaching Social Responsibility to Big Business, and Why Big Business Is Listening by Jeffrey Hollender, Stephen Fenichell What Matters Most is a report from the front lines of a social revolution by one of its most thoughtful and committed leaders. Based on hundreds of interviews with activists, CSR experts and business leaders at both small and large companies, this book takes nothing for granted and does not hesitate to ask the tough questions. There is no better guide to the real dilemmas, and real promise, of the corporate social responsibility movement. Hardcover: 240 pages ; Dimensions (in inches): 1.06 x 9.24 x 6.36 Publisher: Basic Books; (December 23, 2003) ISBN: 0738209023 Find out more from Amazon.com
	The Corporate Responsibility Code Book by Deborah Leipziger It is a guide for companies trying to understand the landscape of corporate responsibility and searching for their own, unique route towards satisfying diverse stakeholders. There is no one-size-fits-all approach. A company may face quite different challenges if it operates in more than part of the world. And yet stakeholders, especially consumers and investors, are keen for some degree of comparability with which they can evaluate corporate performance. There are countervailing forces at work within corporate responsibility: on the one hand is the need for convergence in order to simplify the large numbers of codes and standards; and, on the other hand, the need to foster diversity and innovation. November 2003 Find out more from Amazon.com
	How Does it Pay to Be Green? by Marcus Wagner An Analysis of the Relationship between Environmental and Economic Performance at the Firm Level and the Influence of Corporate Environmental Strategy Choice How Does it Pay to Be Green? provides a detailed discussion of the relationship between environmental and economic performance and in particular the influence of operational environmental strategy choice on this relationship. After formulating a theoretical model of the relationship, the book comprehensively reviews existing studies and subsequently reports the results of two new empirical analyses of the relationship carried out by the author. These two new studies use new European data and new data on operational environmental strategies to test hypotheses derived from the theoretical model. In the first empirical study, for an emissions-based index of environmental performance, a predominantly negative relationship is found for the paper industry in four European countries, whereas for an inputs-based index no significant link is found. The second empirical study reported in this book analyses survey data of British and German manufacturing firms and for the first time applies the Environmental Shareholder Value concept to define corporate environmental strategies. The analysis finds that for firms with a value-based environmental strategy the relationship between environmental performance and different dimensions of competitiveness is more positive than for firms without such a strategy. How Does it Pay to Be Green? provides essential reading for practitioners and academics on how to successfully manage the link between environmental and economic performance and gives valuable strategic insights on how corporate sustainability management can benefit the bottom line. 244 Seiten, Pb, Tectum Verlag 2003 ISBN 3-8288-8507-1 25,90 Euro Find out more from Amazon.com