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Climate Change ‘Biggest Issue in 2014 Proxy Season’

Climate Change ‘Biggest Issue in 2014 Proxy Season’

Companies are more aware of the concerns of socially responsible investors in emerging and frontier markets, and are taking measures to address activists’ concerns, according a survey by Monitor Global Outlook. MGO, a new research service of The Christian Science Monitor, surveyed 11 experts on socially responsible investing about their environmental, social … Read more »

Harvard Signs on to Responsible Investment Movement

Harvard has become the first American university to adopt a code of investment principles backed by the UN, the Guardian reports. Managers of Harvard’s $33 billion endowment will now be guided by a code of responsible investment principles that take into account environmental and social factors such as water and … Read more »

Responsible Travel Tied to Bottom Line Benefits

There is increasing recognition among both travel professionals and consumers of the importance of responsible travel and “strong evidence” that responsible travel is good for the economic bottom line, according to analysis by Center for Responsible Travel. CREST’s study, The Case for Responsible Travel: Trends and Statistics, examines a wide range … Read more »

Sustainability Business Success Hinges on CEO Mindset Change

Sustainable business initiatives will fail unless business leaders change their mindset to see business, civil society and nature as “deeply and existentially” interconnected, according to a Harvard Business Review article. Currently business leaders views these relationships through an isolated mindset that sees the relationship between business and nature as “separate, … Read more »

Harvard Refuses to Divest from Fossil Fuels

Harvard University, which has the world’s largest college endowment valued at $32.7 billion, has decided to continue its investment in fossil fuels, despite heavy pressure from environmental activists. The announcement comes after the August hire of Jameela Pedicini as Harvard’s first vice president for sustainable investment, a position created following a student-led … Read more »

harvard

Harvard Hires Sustainability VP After Divestment Campaign

Harvard University hired Jameela Pedicini as its first vice president for sustainable investment, a position created following a student-led activist campaign demanding the school divest its holdings in fossil fuel companies. Pedicini will be responsible for researching and understanding environmental, social and governance issues at Harvard Management Company, the university’s … Read more »

Harvard gold and crimson dome

Harvard, MIT Recruit Firms to Sign Sustainability Compact

Harvard University, the Massachusetts Institute of Technology, cloud platform company Akamai Technologies and the city of Cambridge, Mass., have agreed to work collaboratively to address climate change issues at the local level. The groups say they hope to attract additional signatories from the corporate and nonprofit sectors. The Community Compact … Read more »

Fracking Disclosure Site Contains ‘Serious Deficiencies’

There are “serious deficiencies” in the disclosure practices of FracFocus.org, a widely used website that allows companies to voluntarily disclose the chemicals they use in the process of natural gas drilling known as hydraulic fracturing, according to a study by the Harvard Environmental Law Program’s Policy Initiative. Currently, 18 states require … Read more »

Vapur, Elkay Install Water-Bottle Refilling Stations on Campuses

Reusable water pouch maker Vapur and stainless steel sink company Elkay have partnered to install water-bottle refilling stations on campuses across the US. The companies say billions of bottles of water are consumed globally every year, and less than 20 percent are recycled. The Vapur Refill Stations encourage students and … Read more »

Town Bans Bottled Water

Concord, Mass. has made illegal the sale of single-serving plastic water bottles under a new law that will fine stores up to $50 for violating the ban. As of January 1, it is unlawful in Concord to sell non-sparkling, unflavored drinking water in polyethylene terephthalate (PET) bottles of 1 liter … Read more »

Sustainability Info ‘Necessary for Informed Investing’

The disclosure of corporate sustainability data should be mandated, because such information is necessary for investors to make fully informed decisions, according to a white paper by Harvard University’s Initiative for Responsible Investment. According to On Materiality and Sustainability: The Value of Disclosure in the Capital Markets, sustainability data can … Read more »