Thu, 29 May 2008
A growing movement of investors are pressing companies to provide more information about "off-balance" sheet issues, such as the impacts of climate change to the corporate bottom-line. Instead of just screening portfolios, or divesting stock, more and more investors in the Socially Responsible Investing (SRI) community are exercising their proxy power by filing and voting on shareholder resolutions that seek to improve corporate governance and sustainability practices while ensuring profits.
Lance Lindblom is President of the Nathan Cummings Foundation (NCF) and a leader in the SRI movement. Lindblom talks to Ceres about how NCF leverages their $500 million foundation endowment to improve corporate accountability.
[Music: Calexico, "Fake Fur" from The Black Light (Quarterstick, 1998) and Brian Eno, "The Big Ship" from Another Green World (E.G. Records, 1975)]