Responsible Investment News

The World Still Doesn’t Have Enough Places to Plug In Cars

Recharging has to get easier before electric vehicles take over.
Even in the biggest electric vehicle markets, a driver venturing too far from home can have a hard time finding a place to recharge.

Try your luck on California’s Pacific Coast Highway. The roughly 600-mile route between San Diego and San Francisco has dramatic sea cliffs, off-the-grid retreats, lush vineyards—and, in some long stretches, few places to recharge for anyone who isn’t behind the wheel of a Tesla Inc. car.

Bloomberg 'Good Business' - a weekly guide to sustainable finance

Inside: Chevron says it will cut emissions in line with the Paris agreement. Lines blur between activists and ESG investors. Dubai wants a solar-powered desalination plant. PG&E faces a fight over its board slate; SEC taps Roisman to oversee proxy plumbing overhaul. — Emily Chasan

Bloomberg 'Good Business' - a weekly guide to sustainable finance

Inside: Executives are paid more than 300 times what workers earn. Water security and forest risks disclosures are on the rise. Starbucks puts a lid on recyclers. Democrats' "green new deal" takes shape. Wealthy black executives take on racial inequality. — Eric Roston

Modern Slavery Act – Investment implications

Jonathan's comment: this is an Australian article but same principles apply in New Zealand / Aotearoa.

If a business model relies on underpaid workers, or even slavery, or weak regulation on social issues, current earnings will unlikely be sustainable. Also, brand damage can lead to loss of sales.

How Do Ethical Investments Compare to Other Assets?

Canstar Posted by Tim Smith January 17, 2019
Ethical funds have become more and more popular in recent years as investors look for ways to grow their wealth responsibly. Investing your money in renewable energy, sustainable businesses or community infrastructure may make a positive impact in the world, but what about the impact on your wallet? What sort of returns can you expect from an ethical investment and how do they compare to other types of investments?

Comment: How investors can avoid a Johnson & Johnson-style schadenfreude

NZ Herald John Berry, Pathfinder
Responsible investors can be forgiven for experiencing more than a little schadenfreude over Johnson & Johnson's tumble on US markets before Christmas.

The US healthcare giant saw more than $54 billion wiped from its sharemarket value in a single day following reports that it knew batches of its iconic baby powder were contaminated with asbestos, a known carcinogen. And since then the rout has continued.

But for responsible investors, those that consider a company's environmental, social and governance (ESG) performance alongside traditional financial measures such as revenue growth, profit, loss and balance sheet strength, the reports contained nothing new.

'21st Century milkman': Companies ditching single-use packaging to drive change

Kathryn Kyte Yahoo Finance Canada 2 February 2019
A new platform called Loop promises to enforce zero-waste management by its coalition of companies that include Procter & Gamble (NYSE: PG), Nestle (NYSE: NSYGY) and Unilever (NYSE: UN). Announced at last week’s World Economic Forum (WEF), Loop was developed by global recycling company TerraCycle with an objective to collect, clean, refill and reuse packaging of consumer products like Tropicana juice containers and Pantene shampoo bottles. The first in-market tests will commence in New York and Paris this year with plans to expand to Toronto, among other cities, in 2020

Climate change picked to create big investment headwinds

Investors have been encouraged to consider the effects of climate change as a significant headwind to portfolios in the future, as investments remain at risk of physical and financial impacts.

Bloomberg 'Good Business' - a weekly guide to sustainable finance

Inside: PG&E's bankruptcy shows utilities are facing huge challenges in the energy transition; Big consumer brands will start taking their packaging back; Regulators are backlogged on disputes over shareholder proposals thanks to the U.S. government shutdown; This is what happens when you try to sue your boss. — Emily Chasan

Bloomberg 'Good Business' - A weekly guide to sustainable finance

Inside: Thousands of companies disclose what climate change may do to them — and for them; Ahead of Davos, capitalism takes a beating over treatment of women, ageism and privacy issues; Not even the U.S. government can escape PG&E's crisis; Gyms burn calories into electricity. — Eric Roston