"What we find in investing is: The most diverse staffed companies tend to be the strongest performers, so they can make more money and have lower risk."
As part of our Talking Diversity video series, Herman goes on to describe how diversity is a part of sustainability -- and how it can boost bottom-lines and investment portfolios -- in this two-minute clip.
An internationally recognized expert in impact investing, R. Paul Herman invented the “HIP = Human Impact + Profit” ratings system in 2004. HIP Ratings show that portfolios and companies can realize lower risk, enhanced returns and profit potential, and build a better world — by focusing on the root-cause drivers of value creation, which include human (customers, employees), social (trust, governance) and environmental (energy, water) factors, and their associated impact on profit.
The HIP Investor team rates and ranks more than 7000+ investments and funds globally, including 4500+ companies worldwide, and 2,500+ issuances of bonds (municipals, sovereigns and agencies). HIP’s Ratings reveal undiscovered risks and potential sources of untapped returns.
Nick Aster is the founder of TriplePundit.
TriplePundit.com has grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place. It was acquired in 2017 by 3BLMedia, the leading news distribution and content marketing company focused on niche topics including sustainability, health, energy, education, philanthropy, community and other social and environmental topics.
Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He worked for TreeHugger.com, managing the technical side of the publication for 3 years and has also been an active consultant for individuals and companies entering the world of micro-publishing. He also worked for Gawker Media and Moreover Technologies in the early days of blogging.
Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.