“Ethical Markets welcomes this expansion of GREEN MONEY JOURNAL, our longtime friends into this new bi-weekly format and podcasts. Congratulations to publisher Cliff Feigenbaum, also a key member of our illustrious global Advisory Board. Enjoy following the continuing expansion of cleaner greener, more ethical and equitable sectors of our economy!
~Hazel Henderson, Editor“
Welcome to the ‘new’ GreenMoney eJournal. We are now coming to you twice a month, covering the expanding world of Sustainable Business and Impact Investing. Your feedback is welcome, as we are making a few design changes as well.
With two major SRI announcements, 2020 has begun with positive momentum. First, Morningstar reported that SRI funds attracted $20 billion in new assets during 2019 (four times as much as in 2018). Second, the $7 trillion asset manager BlackRock pledged to put climate and sustainability at the center of its investment strategy.
And we’re excited to be launching the “GreenMoney Talks” Podcast with this issue! Our goal is to keep our podcasts short and informative with a wide range of guests. Here is Episode 1 of my interview with Seth Goldman of Honest Tea and Beyond Meat, where he discusses leaving Calvert and teaming up with Coca-Cola.
– Cliff Feigenbaum, founder/publisher
Investors Have a Fiduciary Responsibility to Combat the Climate Crisis
by Jessye Waxman
Green Century FundsInvestors should consider long-term climate and environmental risks as fundamentally material, and act accordingly. Prioritizing ESG and using all the tools of active ownership to hold portfolio companies accountable for mitigating the environmental and social harms that have traditionally been treated as externalities.
Millennials and Money: A Shared Sense of Destiny
by Danan Kirby
Thornburg Investment ManagementThe shared experiences of Millennials have created a sense of shared destiny. Seeing the effects of financial market events and sharing our responses to them, mostly on social media, has made risk very real for us when making financial decisions. It has created a unique set of values with how we interact with money and our investments.
The State of Green Business 2020 from GreenBiz
The 13th annual report, examines Key Trends and Metrics about Corporate Sustainability: how, and how well, companies are making progress in assessing and minimizing their impacts and embracing a range of strategies that move them forward in significant ways.
MSCI’s Five ESG Trends to Watch in 2020
ESG themes are long-term, but some can emerge suddenly. MSCI is watching Five Trends they believe will unfold in 2020 to catapult ESG investing into the new decade: Climate Innovation, Corporate Finance, Real Estate, Human Capital, and Stakeholder Capitalism.
Sustainable Fund Flows in 2019 Smash Previous Records
MORNINGSTAR – Sustainable funds in the United States attracted new assets at a record pace in 2019. Estimated net flows into open-end and exchange-traded sustainable funds that are available to U.S. investors totaled $20.6 billion for the year. That’s nearly 4 times the previous annual record for net flows set in 2018.
The Responsible Business Summit in New York on March 17-18 will convene 750+ leaders to share their latest strategies and insights on how they are transforming business and delivering a sustainable economy. Themes: ESG Data, Disclosures and Engagement; Purpose Driven Strategy and Communications; Responsible Supply Chain; Climate Action and Investment.