October 2016 – Aligning for Impact: ESG, SRI & CSR

In the spirit of innovation and value creation, KKR, a leading global investment firm, announced in August 2016 the launch of the Eco-Innovation Award for KKR portfolio companies as part of the Firm’s Green Solutions Platform (GSP) [http://green.kkr.com], a global effort to identify, support, and highlight environmental initiatives at KKR portfolio companies across three areas:

New impact bonds include firsts for sustainable coffee, Costa Rica and India With new positive impact bond purchases, Praxis Mutual Funds® (www.everence.com/praxis-mutual-funds) continues its commitment to investing in climate and community. The positive impact bonds added to the Praxis Impact Bond Fund* (www.everence.com/Praxis-Impact-Bond-Fund) portfolio will support projects to develop sustainable and renewable energy infrastructure, as

Apparel company revamps supply lines, cuts production to maintain its ethical standards by Erica E. Phillips, The Wall Street Journal   Patagonia Inc. built an $800 million outdoor apparel empire selling heavy-duty jackets, backpacks and long underwear at premium prices, winning a loyal customer base with vows to “build the best product” and “cause no

Fund has outperformed MSCI World Index for the two-year period ending June 30, 2016 Pax Ellevate Management LLC, investment adviser to the Pax Ellevate Global Women’s Index Fund (PXWEX) (“the Fund”), announced in early September 2016 that the Fund has gathered over $100 million in assets under management. The Fund — a broadly diversified global

A Total Portfolio Approach to Fossil Fuel-Free Climate Solutions   In mid-September, from the main stage of the 2016 Social Capital Markets conference (SOCAP), Croatan Institute President and Senior Fellow Joshua Humphreys announced the release of an educational fossil-free investment portfolio, the Divest-Invest Clean 15. The portfolio includes 15 investment strategies, across five major asset

>> Back to October 2016 Issue More Than $560 Million Now Invested In Solutions That Impact Women and Girls   Gender Lens Investing (GLI) assets under management in public market equities and debt have grown fivefold since 2014 to $561 million, according to new analysis release in September 2016 by Veris Wealth Partners and Women

Pioneers of the Faith-Based Shareholder Advocacy Movement Honored The Governing Board of the Interfaith Center on Corporate Responsibility (ICCR) is pleased to announce that the winners of the ICCR 2016 Legacy Award (www.iccr.org/membership/iccr-members/iccr-legacy-award) are Timothy Smith of Walden Asset Management and Rev. William Somplatsky-Jarman of the Presbyterian Church U.S.A. ICCR’s Legacy Award is given to