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Thursday October 23rd 2014

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Business for Democracy and ASBC Lead Effort to Overturn Citizens United v. FEC

The Business for Democracy Campaign, which the American Sustainable Business Council is spearheading in partnership with Free Speech for People is tackling the compelling issue of corporate contributions to political campaigns.

The U.S. Supreme Court’s Citizens United v. FEC decision on January 21, 2010 allows corporations to spend unlimited funds to support or oppose candidates for political office, overturning campaign finance laws in place for decades. The Business for Democracy campaign is an initiative of business leaders and their companies who believe this ruling is in direct conflict with American democratic principles and a serious threat to good government. The campaign supports the four members of the Supreme Court and the 80 percent of Americans who disagree with the decision (Washington Post poll, Feb. 17, 2010).

If you'd like your business to join this effort, you can sign the statement of support here or here.

Global Consortium of Institutional Investors Integrate ESG Factors Into Real Estate

Global Consortium of Institutional Investors Integrate ESG Factors Into Real Estate
Investments

GRESB to join forces with GRI to enhance disclosure on sustainability in real estate sector
Amsterdam, April 4, 2012 – Thirty of the world’s largest pension asset managers, the major real estate
industry associations and a large group of stakeholders have put their weight behind the Global Real
Estate Sustainability Benchmark (GRESB), which this week released its third annual sustainability
survey. GRESB also announced a partnership with the Global Reporting Initiative (GRI), to enhance
disclosure on Sustainability Reporting.

GRESB has become an important tool in creating more transparency in the environmental and social performance of real estate investment managers. In 2011, more than 350 real estate fund managers and property companies responded to the GRESB Survey. The annual benchmark produced by the consortium is now actively used by more than 30 institutional investors to engage with their investments. Nils Kok, co-founder of GRESB: “It is our belief that benchmarking can help generate and strengthen market forces needed for more efficient use of energy and other resources by the real estate sector, lowering operational costs.” Sander Paul van Tongeren, APG Asset Management, a founding member of GRESB: “For investors, benchmarking sustainability performance provides the opportunity to take into account directly the risks of higher (and more volatile) energy prices, stricter legislation targeted directly at the real estate sector and changing preferences of (corporate) tenants.”

Click here to read “GRESB 2012 Survey

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