Ethical Investing News/Commentaries
Commentaries by Ron
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Responsible investors have burning
questions about cannabis. "Determining
whether marijuana is a responsible investment
depends on several fundamental factors that should
be discussed with an investment professional versed
in ESG analysis."
How can you rate the ESG performance of cannabis stocks?
This is becoming an important question for numerous
ethical investors and advisors. In this article, Dustyn
Lanz (chief operating officer of Canada's Responsible
Investment Association) provides a good overview of many
of the points to consider.
Responsible investors have burning questions about
cannabis, by Dustyn Lanz, November 26, 2017,
Investment Executive, Canada.
ESG investing and smart beta combination
grows in popularity. "A survey by FTSE
Russell shows nearly half (46 per cent) of global asset
owners have an allocation to smart beta, and 41 per cent
of those using it or considering its use anticipate
applying ESG considerations."
Again, more proof that global asset managers are
utilizing ESG criteria.
ESG investing and smart beta combination grows in
popularity, by Pauline Skypala, November 27, 2017,
Financial Times, UK.
European pension funds ramp up responsible
investments. "Six in 10 investors plan to
increase their allocations to responsible investments
over the next three years. The same proportion is
concerned about the impact of scandals on the value of
their holdings, according to a survey by
Create-Research, the consultancy."
Contrast the finding in this survey with that below
where "82% [of advisors] also believe responsible
investing has a long way to go before it becomes
mainstream." Advisors are well behind institutional
investors in their understanding of ESG!
European pension funds ramp up responsible investments,
by Angus Peters, November 27, 2017, Financial Times, UK.
Responsible Investing Strategies Still a
Challenge for Advisers--Q4 2017 Eaton Vance Advisor
Top-of-Mind Index (ATOMIX) survey of 1,000 financial
advisers. "Only 21% of advisers surveyed
reported feeling very well informed about responsible
investing strategies, and the survey found accessing ESG
data is a challenge for advisers...
Eighty-four percent of advisers reported their
clients have at least some interest in responsible
investing options. However, 82% also believe responsible
investing has a long way to go before it becomes
The data in this survey clearly demonstrate -- yet again
-- how out-of-touch are most financial advisors. Is it a
simple case of 'I just don't want to bother?' Clearly,
they aren't fulfilling their most important goals of
'knowing their client' and acting in the client's best
Furthermore, the fact that about $1 in $5 in the US
equity markets is now invested according to responsible
investing principles appears to be unknown to the
advisors surveyed. That fact alone says that it's
already becoming mainstream -- and fast.
Responsible Investing Strategies Still a Challenge for
Advisers, by Rebecca Moore, November 21, 2017, Plan
Top 10 brands with the best green supply
chains. "The latest rankings on
international brands' environmental performance in the
China supply chain was jointly released by the Institute
of Public & Environmental Affairs (IPE) and the Natural
Resources Defense Council (NRDC).
The rankings are based on the Corporate
Information Transparency Index (CITI), which collects
public data on areas including government compliance,
online monitoring, confirmed public complaint records,
self-reporting and third-party environmental audits.
This year's ranking evaluated 267 international
brands that run businesses in China. A total of 25
Chinese brands were ranked among the top 100."
Apple, Dell, and Levi's are the top three companies.
Top 10 brands with the best green supply chains, by
staff, November 20, 2017, China Daily, China.
EU considering sustainable investing as
fiduciary duty for investors. "The European
Unionís executive has decided to start work on an impact
assessment to assess whether and how such a
clarification could contribute to a more efficient
allocation of capital, and to sustainable and inclusive
Various advisory groups to the EU are deeply concerned
about the short-term focus of fund managers at the
expense of long-term issues that are largely ESG
related. It's likely the EU will formally clarify its
policy and incorporate the importance of ESG measures in
its guidelines. That'll be good news for all investors.
EU considering sustainable investing as fiduciary duty
for investors, Susanna Rust, November 13, 2017, IPE,
Advisors Failing To Talk ESG With Clients.
"According to a recent study by Allianz Global
Investors, only 14 percent of 1,061 investors with at
least $100,000 in investable assets who were surveyed
had had a conversation with their advisors about ESG
investing, and 61 percent of the clients had to bring up
the subject themselves."
Is it that advisors don't keep up-to-date about
investment performance -- so can plead ignorance about
the generally comparable and good results of ESG
investing -- or are they purposefully withholding
important information from their clients? And, if so,
why? I suspect it has mostly to do with not creating
more work for themselves and present fees/commission
arrangements. Tell me if I'm wrong. Anyway, they're not
fulfilling what should be their number one mandate to
know and do their best for their clients!
Advisors Failing To Talk ESG With Clients, by Karen
Demasters, November 8, 2017, Financial Advisor, USA.
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