As millennials we want our work to have meaning for ourselves and the world, and we place a higher value on consumer goods that have some sort of beneficial social or environmental impact. Although we are generally more conservative in our investment decisions than previous generations (can you blame us?), we are willing to take on more financial risk if it increases exposure to ESG impact.
Category: Corporate Responsibility
This category is about corporate social responsibility (CSR), a form of corporate self-regulation integrated into a business model. The goal of CSR is to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere.
As marriage equality legislation makes its way through courtrooms across the country, it’s clear that equality will soon be the norm rather than the exception. While some companies still hang on walls of shame across the blogosphere for their persistent opposition to LGBT equality, an ever-growing list of forward-thinking firms are turning up the volume in their support for diversity.
Already in wide use, renewable energy certificate tracking systems offer states a cost-effective means of complying with the EPA’s proposed Clean Power Plan, according to a study from the Center of Resource Solutions and the Regulatory Assistance Project.
Choosing organic and local over conventional products may not always decrease the main greenhouse gas emissions coming from the food that we eat.
It may come as a surprise to learn that much of the coal that is mined in this country is mined under lease arrangement on federal land. Because this land belongs to the American people, its commercial uses should be generating revenue to help offset taxes, in the form of rents and royalties. It does indeed do so, though some have questioned whether the amounts collected represent the true market value of the coal, or if, in fact, artificially low prices are not only depriving the American people of fair revenues, but also encouraging more coal mining and coal burning than might otherwise occur if the coal were priced fairly.
VW has elaborated the most complete vision yet of ultra low-carbon personal transportation with the introduction of the 2015 e-Golf. Besides funding conservation projects through the purchase of carbon offset credits, e-Golf ownership offers a home EV charging solution, access to a nationwide network of EV charging stations, and preferential terms on the purchase of a home solar-energy storage system.
Amidst all the talk about the trillions of dollars in wealth transfer and flood of stats coming out about millennials, I thought I’d spend some time talking about what I see millennial investors doing as it relates to investing. I do so from my role at Calvert Foundation, working with investors, their financial advisors, their brokerage firms, and the entrepreneurs and organizations creating local solutions in their communities.
The Global Reporting Initiative reports that over the past 12 years it has witnessed “a tremendous and rapid uptake of sustainability reporting, and an increasingly growing trend towards external assurance by organizations worldwide.”
“Energy Star,” “all-natural,” “biodegradable” and, of course, “organic” – these are just a few of the environmental claims and labels that consumers navigate as they do their everyday shopping. TriplePundit has been delving into the issue of environmental labels – and if there is evidence backing up their assertions – in our “Setting the Standards” series. But we thought we’d back up and take a fresh look at the basics of green labels: What kinds of labels are currently in the marketplace, and how can consumers be sure their information is true?
Looking at three successful cases, this article by Don Shaffer of RSF Social Finance discusses fixing the food system from the base of the supply chain.
GDP doesn’t actually tell us much about the value of natural capital, like clean air or healthy forests. Such natural goods and services, despite their great economic contributions, are largely viewed as free. We need a better metric that accounts for not only monetized economic wealth but, more importantly, includes vital environmental and social factors.
Recycling old materials is built into Bacardi Limited, the largest privately held spirits company in the world, and is part of the company’s history. Bacardi founder, Don Facundo Bacardi Masso, opened his first distillery in 1862, and repurposing old whiskey barrels was part of his original plan.
Rolling out recycling bins at convenience stores and gas stations, PepsiCo and TNC aim to boost the U.S. plastic beverage container recycling rate over 50 percent through their five-year “Recycle for Nature” program.
GreenMoney’s new issue has an impressive set of five articles that all come from millennial voices and deal with their approaches to investing and business.