Comments on: Socially Responsible Investing: The Next New Thing is Already Here http://blog.kld.com/sriesg-investing/socially-responsible-investing-the-next-new-thing-is-already-here/ SRI, ESG, antitrust, Climate change, Emerging Markets, Engagement, Foundations & Endowments, Globalization, Green Building, Investments, KLD, Law & Economics, Management, Microfinance, Mission-based Investing, Organic Food, Pensions, Private Equity, Product Safety, Proxy Voting, SEC, Social Enterprises, SRI/ESG Investing, Supply Chain Management, Sustainability Reporting, Transparency Wed, 9 Jul 2008 03:13:50 +0000 http://wordpress.org/?v=2.1.3 By: James McRitchie http://blog.kld.com/sriesg-investing/socially-responsible-investing-the-next-new-thing-is-already-here/#comment-5921 James McRitchie Thu, 08 May 2008 19:18:42 +0000 http://blog.kld.com/sriesg-investing/socially-responsible-investing-the-next-new-thing-is-already-here/#comment-5921 Spot on! I hope those newly coming to ESG refrain, at least somewhat, from blacklisting companies, and instead focus on best practices and governance activism. CalSTRS, for example, brought out a map of rising oceans and were happy to see their new HQs in West Sacramento would likely be on dry land for the next couple of decades. While it is tempting for them to simply sell investments in all real estate in danger from global warming over the nest ten years, I am delighted to see that CalSTRS, CalPERS and many others are actively supporting measures to take these risks into account and to try to stem global climate change. Spot on! I hope those newly coming to ESG refrain, at least somewhat, from blacklisting companies, and instead focus on best practices and governance activism.

CalSTRS, for example, brought out a map of rising oceans and were happy to see their new HQs in West Sacramento would likely be on dry land for the next couple of decades. While it is tempting for them to simply sell investments in all real estate in danger from global warming over the nest ten years, I am delighted to see that CalSTRS, CalPERS and many others are actively supporting measures to take these risks into account and to try to stem global climate change.

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