Summary California Senate passes bill last week requiring California firms to have a minimum of one female director on its board of directors by the end of the 2019 calendar year. Rather than anchoring the bill on the rights...
Summary • The second quarter ended as the 2018 proxy season was entering its final weeks, notable for the high level of environmental and social proposals as well as a number of majority vote outcomes. • During the second quarter, several...
Summary vAn estimated $2.8 billion, or 1.1%, in net new cash flowed into the sustainable investment funds segment during the three month interval. A much more significant $18.8 billion was added by repurposed funds and funds that were reclassified. ...
Summary The effectiveness of divestment strategies aside, index fund investors who may wish to avoid investments in the stocks and bonds of weapons manufacturers and retailers in light of recent mass shootings in Florida, may be challenged to do so....
Summary The imposition of recently announced tariffs on imported solar cells and modules are likely to drive the prices of solar panels higher and potentially reshuffle the renewable-energy industry. But this is not expected to adversely impact the renewable energy...
During a year when a number of high profile environmental, social and governance (ESG) related events unfolded, sustainable funds assets under management in the US, including mutual funds, exchange-traded funds (ETFs) and exchange-traded notes (ETNs) achieved limited gains. Net inflows,...
Summary Sexual harassment reports and assaults against women in the workplace and elsewhere may have reached an important inflection point in our culture. These are less likely to occur when companies are well managed and have positive morale and high...
Recent Reports Raise Questions Regarding TIAA Sales Practices It was recently reported in The New York Times (NYT) that New York State’s Attorney General subpoenaed TIAA, the financial services organization, seeking documents and information relating to the firm’s sales practices....
Bloomberg Signs Principles for Responsible Investment (PRI) Last week, Bloomberg L.P., a privately held global information and technology company, announced that the firm, in its capacity as a US corporate retirement plan sponsor, was becoming a signatory to the Principles...
Introduction and Summary Over the course of the previous two calendar years, the greatest number of sustainable fixed income or bond mutual funds and share classes, a total of 26, were added to an already existing stable of sustainable bond...
