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Conscious Capitalism ~ Joyful Evolution!

Welcome!

This pod is designed to dig into the fundament of capitalism: our own personal system of values. The language itself makes this connection abundantly clear, providing a sort of neon sign on the social construction of the system of exchanges that shapes our marketplace.

Picture our economy as a river, a fluid currency flowing through a...(more)
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What values underlie and support our current implementation of capitalism? And what values do we need to shift toward a system that balances competitive market forces with cooperative distribution of essential goods and services?
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  Inukshuk : Friend of the Earth

Investor Collaboration: Climate Change Action in Capital Markets

Inukshuk said Oct 10, 2007, 6:32 AM:

 

The following is an excerpt from an article by Jane Ambachtsheer and Jenni Myllynen entitled “Investors Collaborate”, from the July 2007 issue of Benefits Canada, “required reading for pension, benefits and investment executives”:

INVESTORS COLLABORATE

A demonstration of growing investor interest in climate change and coordinated investor action on the issue is the Carbon Disclosure Project(CDP), a global initiative under which investors have joined together in asking companies to disclose investment-relevant information concerning their greehouse gas emissions.

The CDP now has 27 signatories from Canada who collectively manage more than $1 trillion in assets – half the market capitalization of the TSX. CDP signatories globally represent more than $41 trillion in assets. This is not an insignificant influence on corporate management of climate risk.

ESG issues continue to attract great interest in public, corporate and political arenas. Activity in the investment community on climate change-related risks and opportunities continues to increase and stimulates the development of analytical tools to determine which companies are best poised to deal with climate change and other ESG issues. The result is that an ever-expanding range of investment products, corporate standards and benchmarks, and collaborative investor initiatives such as the CDP are serving to improve disclosure standards and industry-wide awareness.

With more active engagement and better understanding of the potential impact of ESG issues, Canadian investors can enhance their confidence in the ability of their investments to add value, as well as fulfill fiduciary obligations.

Jane Ambachtsheer, national partner, global head of responsible investment, and Jenni Myllynen, associate, responsible investment, in Toronto. jane.ambachsheer@mercer.com">jane.ambachsheer@mercer.com jenni.myllynen@mercer.com">jenni.myllynen@mercer.com

  mary : untitled

Re: Investor Collaboration: Climate Change Action in Capital Mark

mary said Oct 14, 2007, 9:22 AM:

 

Thank you, Inukshuk! 

What a wonderful innovation in leveraging people-power, uniting in values and vision! And putting our money where our mouths are.

Great!