Socially Responsible Investing News

Investors Urge US to Support Rights of Indigenous Peoples Calvert and the Indigenous Peoples Working Group of the Social Investment Forum encourage the US State Department in its reconsideration of the 2007 vote against the UN Declaration on the Rights of Indigenous Peoples. - (07/30/10)

EIRIS Report Details Human Rights Abuses and Other Allegations Against Vedanta Resources Operations in India The UK-based investment research firm seeks to raise investor awareness of Vedanta's mining operations in India, and pressure the company to engage with investors more constructively. - (07/29/10)

Report Examines Role of Business in a Sustainable Economy The World Business Council for Sustainable Development identifies alarming levels of growth in urbanization and consumption, and describes crucial role of business in transition to sustainability. - (07/28/10)

Investors Lead Way on Climate Change As Senate Fails to Act The US Senate abandons effort to pass meaningful legislation in a year when climate change-related shareowner resolutions attract widespread support. - (07/27/10)

Investors Address Human Rights in Electronics Supply Chains In the aftermath of suicides at the Foxconn manufacturing plant in China, an investor coalition asks for improved conditions for workers. - (07/26/10)

The Corporate Library and GovernanceMetrics International Announce Merger The combination of corporate governance research firms is the most recent of many mergers and acquisitions in the environmental, social, and governance research sector. - (07/24/10)

Will 2011 Be a Watershed Year for Corporate Governance? SocialFunds.com talks with James McRitchie of Corpgov.net about corporate governance and the 2010 proxy season. Third of a three-part series. - (07/23/10)

Mutual Funds Continue to Support Management on Executive Compensation A new report finds that although withholding votes from directors over compensation issues has increased, support by mutual funds for management proposals on compensation issues was 84% in 2008. - (07/22/10)

Extractive Industries Will Be Required to Disclose Payments to Governments A provision in the financial reform bill requires energy and mining companies to report payments they make in return for oil, gas, and minerals. - (07/21/10)

SEC Seeks to Overhaul Proxy Infrastructure for the First Time in 30 Years A concept release published by the Agency seeks public comment in order to increase the transparency and integrity of the proxy system. - (07/20/10)

Passage of Financial Reform Bill Applauded by Sustainability Investors Bill as passed by Senate includes provision for proxy access but not a majority voting standard. - (07/19/10)

Bond Program Will Help Affordable Housing in New York City Through its CRA Qualified Investment Fund, Community Capital Management will finance the acquisition and development of 5,600 affordable units. - (07/16/10)