Category: Investment & Markets
Resources & Information related to Investment & Markets, Socially Responsible Investing, SRI, Socially Conscious, Ethical Investing and more.
European cap-and-trade suffered a huge setback after the European Parliament rejected a plan to shore up the ailing carbon emissions trading system.
The brainchild of Israeli automotive designer Amir Zaid, the Muv-e scooter takes up where most collapsible electric scooters leave off. Its three large wheels, sturdy body and sustainable power system makes the concept an attractive option for city commuting.
A recent poll conducted by the American Sustainable Business Council (ASBC) and Main Street Alliance (MSA) found some 85 percent of small business owners oppose a territorial tax system, which would permanently exempt offshore profits from U.S. taxation.
As much as conscious capitalism is about purpose and heart, conscious businesses cannot fulfill their missions without economic success. However, the criteria of what makes a good investing partner looks a little different. After your investors willing to marry your business?
John Mackey, co-author of Conscious Capitalism, wants us to move away from a narrative that declares corporations to be sociopathic villains that need to be controlled. Instead, we should recognize business and capitalism as a powerful force for good in the world, one that deserves credit for having “lifted humanity up out of the dirt.”
If you’re interested in buying New York bonds, the state wants you to know that “climate change poses a long-term risk to the state’s finances.” Sounds reasonable, right? After all Hurricane Sandy wasn’t that long ago. Well, not so fast say rating agencies. A senior executive at Standard & Poor’s said he has “a hard time finding a direct relationship for climate change on New York State’s economy at this point.” Another senior executive at Moody’s explained that FEMA mitigates the risk by picking up the bill when big natural disaster events happen. In other words, investors in NY bonds shouldn’t worry too much about climate change.
According to Pulitzer Prize winning economic journalist, David Cay Johnston, the prosperity, in terms of annual income, of the bottom 90% of the US population grew by only $59 after adjusting for inflation.
Despite abandoning the accelerator model, far from backing away from promising young businesses, Greenstart plans to make investments in 10 to 12 “clean-web” companies this year, making them one of the most active investment entities operating in this space. The firm sees massive growth potential in energy and resource markets going forward.