E-newsletter of Investing for the Soul May 30, 2009
Top ethical investing news for May 2009
Links may only be valid a limited time Commentaries by Ron Robins
World's Largest Stock Exchange Group To Provide ESG Information On Its Listed Companies. - [COMMENTARY] "NYSE Euronext's equities markets, consisting of the New York Stock Exchange, Euronext, NYSE Arco, and NYSE Amex, include more than 8,000 listed issues worldwide, representing almost 40% of the world's cash equities trading volume. Under the agreement, NYSE Euronext becomes the first major stock exchange in the world to provide ASSET4's assetmasterExecutive product to a number of its listed companies. The product is designed to allow corporate executives to manage their corporate social responsibility (CSR) strategies with increased accuracy."
This is a tremendous step forward for the
recognition of ESG (environmental, social and
governance) issues in relation to securities
analysis. Also, it encourages companies to realize
the advantages of using corporate social
responsibility to the fullest possible extent.
S&P Launches New
Canadian Shariah Compliant Index.
Employees Help Choose UK's
Greenest Companies. -
fascinating ranking by The Sunday Times of London of what are
considered to be the greenest UK companies. Ethical investors again
might find some investment leads here.
Coca-Cola, Toyota, France Telecom
Among Top-Scoring CSR Reporters.
"The center at Claremont McKenna College announced on Tuesday the
release of five reports detailing the sustainability reporting efforts
of five sectors: consumer food, food production and beverages; forest
and paper products; industrial and farm equipment; motor vehicles and
parts; and telecommunications. The center also issued two reports on the
energy and utility sectors." Consumer oriented companies especially,
see the advantages of using corporate social responsibility.
UK's Co-operative Investments
Says 18% More British Investors To Make Ethical Investments In 2009.
[COMMENTARY] "New research from The
Co-operative Investments reveals that 18 per cent more people intend to
invest ethically this year,.. Zack Hocking, head of investments at The
Co-operative Investments said: 'The financial crisis appears to have
encouraged investors to think not only about how much money they make,
but importantly, how it is made...' According to latest IMA figures,
retail inflows into ethical funds have now exceeded outflows for each of
the fourteen months since February
Survey: Indian, Brazilian, &
Chinese Consumers Are The 'Greenest.'
"For a second year in a row, consumers in India, Brazil and China
scored the highest -- and those in the U.S., the lowest -- for green
behavior among the countries included the Greendex survey conducted by
the National Geographic Society and international polling firm
GlobeScan. The second annual Greendex survey canvassed 17,000 adults
online in 17 countries this year to gauge consumer attitudes and their
behavior." The results of this survey seem to infer that the lower
ones income the greener one is? Perhaps it is also that poorer people
are more frugal and concerned about wasting resources. This is a
fascinating survey that may have some nuggets of insight for green and
A Review Of Ten New US Green &
Socially Responsible Funds. -
During Slowdown, Companies With A
Sustainability Focus Outperform In Financial Markets.
"As companies cut costs to get through the current global economic
slowdown, there is often a temptation to abandon recent forays into
sustainability. Yet a new A.T. Kearney analysis finds that companies
committed to corporate sustainability practices during this slowdown are
achieving above-average performance in the financial markets during this
slowdown. So before tossing out those sustainability practices and
initiatives, it might be wise to first determine the real value of the
efforts—especially the possible rewards for staying the course."
Thank you Michael Jantzi of
Research, Canada, for letting us know of this interesting study.
UK Ethical Investment Funds
Growing For 14 Consecutive Months.
"Figures released by UKSIF, the sustainable investment and finance
association, show that its members’ ethical investment funds have been
growing for 14 consecutive months since February 2008. Penny Shepherd,
the association’s chief executive, believes that their investors are
less inclined to take panic measures. 'Green and ethical investors stick
Fee-Only Advisors Gaining Ground
In US. -
[COMMENTARY] "In a
new report published on Tuesday, researchers at Strategic Insight say
they've found the growing trend of investors shifting away from
commission-based advisers gaining momentum during the ongoing market
downturn. While the report deals strictly with traditional mutual funds,
both no-load as well as load, it does add another notch to the belt of
fee-based advisers. (It has been fee-based advisers who've been leading
the charge into exchange-traded funds, especially among individual
investors.)" This is a most interesting trend. I've always been
concerned about the potential conflict of interest for advisors who both
advise and receive commissions for the products they sell to clients. I
know the majority of advisors in this position do not believe it an
issue. But the possibility of not doing what is best for the client and
trying to maximise commissions can conflict.
Voluntary Simplicity? An Ethical Investing Perspective, by Ron Robins, May 13, 2009.
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 © 2009 Ron Robins. All rights reserved.