E-newsletter of Investing for the Soul
September 28, 2007
Top ethical investing news stories for September 2007
Links may only be valid a limited time. Commentaries by Ron Robins.
Top Sustainable Companies For 2007 - According To
SustainableBusiness.com & KLD.
This is a list worth checking-out if you are looking
for the best ethical stocks and bonds. The article
is published in the Fall, 2007 issue of the
GreenMoney Journal. There are many other good
articles to read on the GreenMoney site too.
Ethics. Banks With Huge Losses Expect & Get Public
The Bank of England's bailout of
Northern Rock, the European Central Bank's and US
Federal Reserve's massive injections of money into
the banking system, all show that banks can get away
with massive speculative losses with full knowledge
that they will be bailed-out by public institutions!
What other businesses can expect the same treatment?
Banks have the public by the throat - and they know
it. The writer of this article, Philip Stephens, is
an expert on the UK financial scene. He argues that
the irresponsible ethics of banks and other
financial players will now be emboldened further
with an increase in moral hazard and much more
difficult times to come.
(Lifestyle of Health and Sustainability) Market
Booms In Asia - Far Surpassing US.
Over 30% of Japanese buy LOHAS
related products and services, such as "...
alternative transportation (e.g. bicycles and hybrid
cars), energy-efficient electronics and appliances,
renewable energy, green building and industrial
goods, eco-friendly household products, natural and
organic foods and beverages (e.g. macrobiotics),
natural personal care products, alternative
healthcare (e.g. aromatherapy), vitamins, minerals,
dietary supplements, eco-tourism and travel, and
socially responsible investing." See blog link
below for details.
Responsible Investing (SRI) Research Predicted
This article by Bill Baue shows how discriminating
research by ethical investing researchers such as
Strategic Advisors were aware of the forthcoming
subprime mortgage meltdown well before it became a
problem. What this story also shows is a collapse of
an ethical business environment.
Of Socially Responsible Investing (SRI).
Tessa Tennant, a real pioneer in socially
responsible investment and ethical investing offers
her insights into SRI around the world - and where
she believes it is heading in the future.
Of Corporate Carbon Footprints.
This is a good two-part article on the subject that
any green investor or those interested in ethical
investing, should read.
Nations Desire To Legislate Corporate Social
Malaysia and Indonesia are leading the charge to
legislate CSR for both domestic and foreign
corporations operating in their countries. I agree
that labour, environmental laws, etc., should be
established. However, it is really the quality of a
nation's collective consciousness that governs
business activity and its overall wellbeing. That to
me is where the focus ought to be. In other words,
it is individuals who from the depths of their being
feel to do good, not only for themselves, but
for all others too, that counts. You can have all
the laws you want, but if an individual is uncaring
towards others and inherently 'unlawful', the laws
will not do much to avert bad things from happening.
I truly believe that there are spiritual laws of
According to this report, Wal-Mart's goal of reducing
their green house gas emissions by five million tons
annually, is less than one-fortieth of its annual
output! It is good to look at hard numbers
concerning environmental and social issues when
looking for the best socially responsible stocks to
invest in. Furthermore, I have long argued that all
medium and large sized companies that produce
sustainability reports, etc., be legally required to
have them independently audited. Only then can we
have some assurance that these reports are not just
Note: Articles are linked to the original source. Some sites may require registration, and may, or may not, archive stories. All links were active at the time of publication.
Disclaimer: Neither The Soul Investor nor Ron Robins make investment recommendations. Nothing in this newsletter should be interpreted as a recommendation or solicitation to buy/sell any securities or investments. The Soul Investor is a source of general information and resources for spiritual investing, ethical investing, and socially responsible investing (SRI). Investors should consider their actions thoroughly and consult their professional advisers prior to taking any investment action. The Soul Investor does not necessarily agree with the opinions expressed in articles in its newsletter or offered on the web pages to which it might be linked. Such opinions are the responsibility of the writers themselves. Furthermore, The Soul Investor does not offer or provide any warranties, representations, guarantees, implied or otherwise, as to the accuracy, legality, copyright compliance, timeliness or usefulness of the information, materials or services in this e-newsletter, or other sites, to which it might be linked.
The Soul Investor is a publication of Investing for the Soul, a registered business name in Ontario, Canada. Copyright © 2007 Ron Robins. All rights reserved.