We cannot rest on the platitudes of ‘not being racist’

Investors must be discerning as to their actions if they are to contribute to meaningful structural change, says Nithya Iyer.

News headlines are tiring of reporting on the Black Lives Matter protests. The solidarity uprisings across the world are waning and #GeorgeFloyd is trending less. As company logos revert to their usual branding, careful amendments are made to ensure they were seen – and will continue to be seen – on the ‘right side’ of history. The investment community is no exception, with investor groups and financial services institutions touting their Diversity & Inclusion quotients, ESG investments and Corporate Social Responsibility activities as a means of demonstrating their alliance against racial prejudice. Responsible Investor
By Nithya Iyer, 6 July 2020

Gender: does it impact your investments?

Gender diversity is becoming increasingly important, as investors realise that it makes good business sense to incorporate the viewpoints of half the world’s population.

Paul Garner of Novo Wealth and Alexandra Brown of Invest with Ethics
7 Feb 2020

Sustainable Investors Find the Positives in Trump Win

Don’t let yesterday’s selloff in renewable energy companies fool you: Some sustainable investors actually expect Donald Trump’s victory in the U.S. presidential election to be a long-term positive for socially and environmentally conscious portfolios. Sustainable Investors Find the Positives in Trump Win By Emily Chasan and Justin Morton, Bloomberg Briefs

NZ funds’ $21m ‘dodgy’ palm oil investment

New Zealand’s three largest government investment funds have more than $20 million invested in foreign palm oil companies linked to devastation of Indonesian rainforests.

Groups fighting to save the critical habitats for Sumatran tigers, orangutans and thousands of other threatened animals are appalled and want the funds pulled immediately.

How Wide Is the Gender-Pay Gap? U.K. Companies Will Have to Say

Four years ago, almost 300 British companies signed up for a voluntary program that included a pledge to publish data on the difference between average pay for male and female employees.
Only five released the information.
Soon, they’ll likely have no choice.

Board Gender Diversity Index launched

Australian asset manager Infinitas launched a gender diversity index that found ASX200 (top 200 companies on Australian stock exchange) boards with at least 25% female representation outperform all male boards (the All Blokes Index).