Thomas Croft, Executive Director of the Steel Valley Authority and co-founder of Heartland Capital Strategies, shares his thoughts on the seven drivers of responsible investment.
A new wave of responsible investors is mobilising capital for smart buildings and affordable housing, civic infrastructure projects, wind and solar energy, and high-speed rail, hybrid buses and electric cars. They are sustainably rebuilding cities, renewing the industrial commons, growing the clean economy and fighting to make the ‘boss’ more accountable. Continue reading →
The fact that the Principles for Responsible Investment (PRI) now has almost fifteen hundred signatories including over three hundred asset owners and nearly one thousand asset managers provides evidence that responsible investment is increasingly seen as a standard part of mainstream investment practice. Over the past decade, PRI signatories have encouraged improvements in the environmental, social and governance performance of the companies in which they are invested, and they have made significant investments in areas such as renewable energy. Continue reading →
Greenleaf Publishing is pleased to announce the forthcoming publication of The Responsible Investor Handbook: Mobilizing Workers’ Capital for a Sustainable World, by Thomas Croft and Annie Malhotra. This important title is the latest in Greenleaf’s Responsible Investment Series, edited by Dr. Rory Sullivan. Continue reading →
The Greenleaf Responsible Investment Series by Rory Sullivan
In 2009, Greenleaf Publishing launched its ground-breaking Responsible Investment series to provide a forum for outstanding empirical and theoretical work on all aspects of responsible investment. Since then, we have produced three books and one Special Issue of the Journal of Corporate Citizenship:
“It is surprising it has taken so long for a journal to emerge that deals specifically with sustainable mobility . . . The Journal of Sustainable Mobility is long overdue.” Dr Paul Nieuwenhuis, Cardiff University, UK; author of The Business of Sustainable Mobility Continue reading →
Welcome to the Greenleaf at 21 blog series. To celebrate our 21st birthday, over the next few months we will be sharing original posts by influential Greenleaf authors, in which they discuss how their field has changed over the last 21 years and what they hope to see change in the future. This article by Steve Lydenberg explores what needs to be done to move responsible business into the 21st century:
As we move into the heart of the 21st century, the twin sisters of corporate social responsibility (CSR) and socially responsible investment (SRI) stand at a crucial juncture. Each has won a certain respect in its respective world. It is unclear, however, whether they will now be able to lead the way down a path toward fundamental reform or will simply end up as interesting sideshows along the well-trodden road of business as usual. Continue reading →
“Engaged investors… create long-term value for companies and wider society.” – Rory Sullivan
In recent years, investors have argued that “responsible investment” allows investors to maximise the financial and social benefits of their activities, and, simultaneously, to mitigate the negative impacts of their investments. As yet, however, little has been written in the practitioner or in the academic literature about the responsibilities of investors in emerging markets, about the practicalities of implementing responsible investment in emerging markets, or about the outcomes (financial and social) that result.
The latest issue of the Journal of Corporate Citizenship addresses this gap in the literature by presenting a series of major articles that analyse the implications, for investors and for society, of investors seeking to take a more responsible approach to their investments. The articles highlight the potential contribution of foreign investment to economic development and to wider society (e.g. through skills development, local economic development, local employment). They also explain that foreign investment is not unambiguously positive for developing countries, with many such investments being criticised for their negative impacts on local communities and the local environment, for the lack of local benefits and for their volatility. Continue reading →
In recent years, investors have argued that “responsible investment” allows investors to maximise the financial and social benefits of their activities, and, simultaneously, to mitigate the negative impacts of their investments. As yet, however, little has been written – in either the practitioner or in the academic literature – about the responsibilities of investors in emerging markets, about the practicalities of implementing responsible investment in emerging markets, or about the outcomes (financial and social) that result.
“It is unfair to accept fossil fuel subsidies while criticising feed-in-tariffs.” – Dennis Posadas
Taking grand displays of climate-change action at face value, we seem to be heading towards a cleaner future. Earth Day and Earth Hour with their millions of participants may lead us to think that there is strong public support for climate change mitigation.
The reality is somewhat more grim. In terms of capacity, the growth of new coal plants has outpaced that of clean energy, especially in Asia.