Broadview – Marie Kondo-ing our portfolios just makes us good at avoiding risks. Divesting from from sectors and companies may be an appealing approach to responsible investment because it removes responsibility from our lives, or at least our portfolios. It becomes someone else’s problem. Real social and environmental change is never comfortable and safe.
Benefits & Pension Monitor – Green banking initiatives have not changed lending and investment practices, says a report from Boston Common Asset Management in partnership with a number of regional partners, including its Canadian partner SHARE. It finds that, despite an explosion of risk assessment tools and green banking industry initiatives in recent years, practical change in the financial sector remains elusive.
Globe & Mail – Canadian securities regulators struggled this summer when they decided to issue new guidance on climate change-related disclosures for issuers. The regulators were clearly searching for a way to provide investors with useful information on an unprecedented systemic risk while still working within our existing continuous disclosure framework.
NationTalk – There is a massive change afoot in the economic picture for Indigenous peoples in Canada, based on solid entrepreneurship, a growing and able young population, visionary leadership, own-source capital and strong networks to scale up that potential. Yet that potential will only be fully realized if other investors, especially institutional investors, latch on to that opportunity and foster it.
Business in Vancouver – Asset owners, financial services providers and investment managers are positioned to influence investor and executive behaviour through environmental, social and governance mandates.
Corporate Knights – In a move that’s been both widely hailed and derided, the Business Roundtable, America’s most influential lobby group of corporate leaders, denounced its longstanding position that corporations exist principally to serve their shareholders.
The Logic – SHARE was named one of Canada’s ten most innovative non-profits for our work helping companies and foundations live up to responsible investing principles.
Investment Executive – SHARE and a coalition of investor groups is calling on global banks to enhance their policies for respecting the rights of Indigenous peoples in the latest iteration of the Equator Principles — a voluntary, global environmental and social risk management framework.
Corporate Knights – The idea was simple. Walk into the mall on a busy Saturday afternoon and turn ethical labelling on its head in an effort to understand consumer behaviour. How would people react to the possibility that a nine-year-old Bangladeshi girl paid a below-living wage had sewn the latest and greatest top?