Americans Want CEOs to Advance Racial Equity- Here’s How They Can In the face of a historic reckoning around racial injustice in America and a once-in-a-lifetime pandemic that has likewise further exposed our society’s inequities, CEOs are faced with some difficult decisions. How, exactly, should companies respond to the forces …
Agriculture in the Negev: Today’s Desert Pioneers
“Ethical Markets is happy to share this report of how far jojoba farming has developed in Israel’s Negev Desert, using saline, brackish water irrigation. Jojoba, native to the Americas, produces valuable oil, sold worldwide mostly for cosmetics. With thanks to our colleague Gijs Graafland, Planck Foundation in Amsterdam, who has also seen …
Investors go passive on climate investing
Investors go passive on climate investing UBS’s UK defined contribution scheme and local authority pension fund for Tyne & Wear have just allocated a combined £900m to equity index funds with climate change-related ‘tilts’. Read more » According to a recent DWS/CREATE-Research survey on passive investing, 65% of pension funds …
ASBC June 2020 Policy Update
ASBC has long advocated for policies that move us toward a more just, inclusive, equitable and sustainable economy and society, but the murder of George Floyd by Minneapolis police has sparked new outrage, leading to renewed energy toward those goals. Shortly after the Floyd murder, ASBC issued a new …
Judy Wicks and Michael Shuman in Conversation
Every year during the first decade of this century, the Business Alliance for a Local Living Economy (BALLE) would hold its annual conference. Those conferences were a celebration of local economies and the small businesses that built those economies. Judy Wicks, Michael Shuman, David Korten, Laury Hammel, Don …
Speech by Sarah Breeden
“Ethical Markets fully supports the climate activism now at the Bank of England, and making climate risk disclosure mandatory and urges all companies, banks, insurers and asset managers to act now to assess their own risks and to fully disclose them by 2021. This is the type of pressure we …
EC’s new sustainable finance advisory body, Dutch cabinet on DC pension switch
1. EC opens for applications to new sustainable finance advisory body » 2. Dutch cabinet agrees with unions on DC pensions switch » 3. How we run our money: PPF – Defending UK pensions » 4. Tesco Pension Investment announces leadership changes » 5. ?Industriens reshapes largest bond mandate into …
“Meet BlackRock, the New Great Vampire Squid”
“Ethical Markets agrees with lawyer and author Ellen Brown, our expert Advisory Board member, that indeed Blackrock should be broken up and be removed from its too cozy conflict-of-interest position with our Fed and government agencies. No amount of “greenwashing“ and holier-than-thou letters to Blackrock’s portfolio companies can erase its actual …
IOSCO consults on AI/ML guidance for market intermediaries and asset managers
“Ethical Markets welcomes this initiative by IOSCO and we also advocate regulation of the use of so-called “AI”, a marketing slogan (there is nothing artificial about this human-trained machine learning ! We advocate that all algorithms used in financial markets and social decision-making must be monitored and open to examination of …
News from the Sustainable Finance Team at the Grantham Research Institute, LSE – June 2020
“Ethical Markets highly recommends this report “TOOLBOX for Sustainable Crisis Response Measures for Central banks and Supervisors”, updating on all the steps the world’s central bankers and prudential financial regulators are finally stepping up to disclose the climate and ESG risks, both in their operations and more importantly in their huge …