Corporate Responsibility

What is the Triple Bottom Line?

Triple Bottom Line People Planet Profit

By James Griffitts, Contributor

The phrase “bottom line” has its roots in traditional business accounting.  The term refers to the bottom line of an income statement, where total profit or losses are recorded. In effect, the bottom line indicates whether a business is making or losing money.… Read More

Partners in Advocacy: Calvert Investments

By Holly Testa, Director, Shareowner Engagement

First Affirmative’s shareowner advocacy program does not stand alone. Many of the asset managers we use in client accounts are also our partners in advocacy—and they have powerful stories to share. In this installment, we talk with Stu Dalheim, Vice President, Shareholder Advocacy, Calvert Investments.Read More

Lessons from a Light Green Garage

By Charles Sandmel, Contributor

“Green Bonds,” the long-awaited marriage of fixed-income and sustainable investing, has exploded in volume over the past few years and become a hot topic. Issuance grew from less than $1 billion worldwide in 2008 to $35 billion last year.… Read More

Renewable Energy Attracts Major Corporate Investments

By Ahnika LeRoy, Contributor

For quite some time, renewable energy has been a series of relatively small scale enterprises. But renewables have developed into industrial strength solutions that some large companies are utilizing to lower their costs for electricity.

Apple iPhone and ComputerThe United States now has two of the world’s largest solar plants, Desert Sunlight and Topaz, which both have the capacity to produce 550 megawatts.… Read More

Guardian Launches Campaign to keep Fossil Fuels Underground

By James Griffitts, Contributor

Guardian Campaign to keep Fossil Fuels UndergroundKeep it in the Ground is a recent campaign launched by The Guardian advocating that fossil fuels be left underground and sustainable energy sources be used instead. The campaign is centered around a petition to the Bill and Melinda Gates Foundation and the Wellcome Trust, the world’s two largest charitable organizations, to divest themselves of all endowments from fossil fuel companies.… Read More

BP Calls for Meaningful Global Price on Carbon

By Ahnika LeRoy, Contributor

Emissions of greenhouse gases (GHG) are rising. Climate scientists tell us that the 2o Celsius average global warming target limit will soon be surpassed, changing the livability of the planet.

As such, the recent public call from BP—one of the largest fossil fuel extraction companies in the world—for a meaningful global price on carbon is big news!… Read More

New Socially and Environmentally Responsible Fracking Standards

By James Griffitts, Contributor

 

Responsible FrackingThe first independent social and environmental standards for shale oil and gas fracking operations have been published and the developers are looking for public feedback.

Equitable Origin is a non-partisan organization. Founded in 2009, Equitable Origin is currently the only independent standards and certification program exclusively focused on fossil fuels.… Read More

Oslo Divests from Coal, Hopes to Inspire Other Cities to Follow

Oslo at Night, Oslo Divesting CoalOslo Norway is the first capital city in the world to divest from coal and may be paving the way for other cities to follow. The Norwegian capital city recently announced plans to sell all of the coal investments in its pension portfolio.… Read More

Proxy Preview 2015 Highlights the New “Zeitgeist”

By Holly A. Testa, Director, Shareowner Engagement

First Affirmative is a proud sponsor of Proxy Preview, a combined effort of As You Sow, Sustainable Investments Institute and Proxy Impact. The 2015 edition is hot off the presses, and it previews what is bound to be a very interesting and record-setting proxy voting season.… Read More

McDonald’s to Serve Chicken Not Treated with Antibiotics

By James Griffitts, Contributor

A new initiative by McDonald’s is moving the company away from chicken treated with certain antibiotics. This move comes as McDonald’s suffers from historically low sales and customers depart for restaurants with a bigger emphasis on good health.… Read More