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Welcome to the latest “GreenMoney Interviews.” For this issue I spoke with Marian Macindoe of Parnassus Investments, where she is a managing director, responsible for oversight of the firm’s sustainable investment approach, corporate engagement efforts and proxy voting. Parnassus has been a recognized and respected leader in sustainable investing for over 40 years. Cliff:  What

The annual list recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest public companies in the United States. The ranking evaluated Russell 1,000 companies based on 223 ESG factors across seven pillars including climate change, employee relations, environment, governance, human rights, stakeholders, and society.

At Parnassus, we aim to help our clients accomplish their goals with investments that create enduring value. Toward that end, we used our engagements and proxy voting to drive improvements in business outcomes and disclosures on a range of issues, including climate change, environmental justice, sustainable workplaces, and the responsible use of AI. Read more in our new Sustainability & Stewardship report.

For those working in climate and finance, here’s a noteworthy item that happened during Climate Week: the launch of a new entity by nearly 40 of the country’s leading green banks, which collectively, put up more than $10B in new investments in 2023. The U.S. Green Bank 50 (GB50) is a partnership between nonprofit financial and clean energy-focused public institutions to drive investment into climate solutions across the US.

In the face of growing environmental challenges and a rapidly increasing global population, the preservation of farmland for food production has never been more critical. SILT is at the forefront of this mission, working to secure and protect farmland specifically for the purpose of growing food. This article delves into the importance of preserving farmland, and the broader implications for our food systems and communities.

During the pandemic, many Hawai\’i residents saw empty food shelves for the first time, which daylighted the urgency food system leaders have warned about. These leaders are gathering to envision new possibilities by investing in relationships. Aligned by a vision of food sovereignty and a shared aloha (love) for their island home, each other, and future generations, this movement is poised to tackle needed large-scale food and agricultural changes.

We believe that regenerative agriculture practices, and more specifically tech-enabled solutions promoting sustainable practices, can help turn agriculture from a carbon source to a carbon sink, replenish our waterways through healthier and more absorbent soil, improve the quality of food consumed, and allow biodiversity to thrive across our lands, all while improving the way food and other raw materials are produced and delivered to end consumers.