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Socially Responsible Investing News

Scientists Join Call for Exxon Investigation
In the wake of reports detailing the oil giant's duplicity on climate change, the Union of Concerned Scientists join legislators and others in urging a Department of Justice investigation. - (11/19/15)
NGOs Urge Green Climate Fund to Deny Accreditation to Scandal-Plagued Banks
HSBC and Crédit Agricole finance environmentally destructive projects and rank at the bottom of major banks in implementing the UN Guiding Principles on Business and Human Rights. Second in a two-part series. - (11/14/15)
First Investments Approved by Green Climate Fund
Eight climate change mitigation or adaptation projects—three in Africa, three in Asia-Pacific, and two in Latin America—mark the end of the Green Climate Fund's two-year launch period and the beginning of providing financing to developing nations. First in a two-part series. - (11/13/15)
Bank Financing of Fossil Fuels Dwarfs that of Renewables
A new study by Fair Finance Guide and BankTrack reveals that since 2009, investment in fossil fuels by 75 of the world's largest financial institutions is more than nine times greater than investment in renewable energy. - (11/10/15)
Banks Still Failing to Incorporate Climate Risks in Lending
A year after Boston Common Asset Management organized an investor initiative, major global banks continue to fail to account for greenhouse gas emissions in their lending and underwriting portfolios. - (11/05/15)
Labor Department Repeals Controversial Fiduciary Standard
A 2008 ERISA standard that has discouraged pension plan fiduciaries from considering environmental and social factors in investment strategy has finally been repealed. - (10/31/15)
EarthFolio Launches First Robo-Advisor for Sustainable Investors talks with Art Tabuenca, founder of Blue Marble Investments and EarthFolio, about the development of the first online investment platform specifically dedicated to sustainable investing. - (10/30/15)
Skepticism Greets Oil Industry Statement on Climate Change
Even before member companies of the Oil and Gas Climate initiative issued a statement supporting a climate deal in Paris in December, the Union of Concerned Scientists question the extent of the industry's commitment. - (10/21/15)
Justice Department Urged to Investigate Exxon
After two reports identify research into global warming by the oil giant as far back as the 1970s, two members of the House of Representatives call on the Justice Department to investigate the corporation for its campaign to deceive the American public about the risks of climate change. - (10/19/15)
Pope Francis Talks Climate Change in Speech at UN
A global perception of his moral authority may contribute momentum to a meaningful deal at December's climate talks in Paris. - (10/15/15)
Investors Support Human Trafficking Legislation
More than 100 institutional investors call for passage in Congress of The Business Supply Chain Transparency on Trafficking and Slavery Act of 2015. - (09/25/15)
Investors Call for Support of EPA Methane Regulations
A coalition of investors organized by the Interfaith Center on Corporate Responsibility writes to 32 energy companies, requesting that they support new regulations on methane emissions. - (09/22/15)


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