Post by hasan77 on Feb 15, 2024 2:30:01 GMT -5
Providing socially responsible funds in which to invest would affect their decision to maintain or pursue employment with a company. Increasingly, more employees view their employer as a shared interest group with the responsibility to collectively make a positive difference in society. The World Business Council for Sustainable Development is the first organization that has set a goal on this issue. Earlier this year, it launched an initiative, Aligning Retirement Assets (ARA), that enables companies to better align retirement assets, including defined benefit and defined contribution plans, with their overall sustainability goals.
Top asset management and investment consulting firms — including Natixis, Allianz Global Investors, BlackRock, Legal & General Investment Management and Mercer — have joined the initiative’s steering committee to help educate member companies on incorporating sustainable Uruguay Email List strategies in their retirement plans. As an aspirational goal, the project envisions that 1 percent ($10 billion) of WBCSD member companies’ total retirement assets (estimated at $1 trillion) will be invested in some type of socially responsible funds by 2020. That’s a great start. But other organizations could accelerate this movement, including: We Mean Business, an organization whose mission is to "catalyze business action and drive policy ambition to accelerate the low-carbon economy.
This organization represents nearly 800 large companies that have close to a $17 trillion market cap. B Corp, an organization that certifies businesses that "meet the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose." These businesses tend to be small companies, but they are all committed to accelerating a shift to redefine business and "build a more sustainable economy." Washington, D.C.-based trade organizations — such as American Wind Energy, Business Council on Sustainable Energy, Sustainable Business Council, American Solar Energy Industries Association and the American Council on Renewable Energy Association, to name a few.
Top asset management and investment consulting firms — including Natixis, Allianz Global Investors, BlackRock, Legal & General Investment Management and Mercer — have joined the initiative’s steering committee to help educate member companies on incorporating sustainable Uruguay Email List strategies in their retirement plans. As an aspirational goal, the project envisions that 1 percent ($10 billion) of WBCSD member companies’ total retirement assets (estimated at $1 trillion) will be invested in some type of socially responsible funds by 2020. That’s a great start. But other organizations could accelerate this movement, including: We Mean Business, an organization whose mission is to "catalyze business action and drive policy ambition to accelerate the low-carbon economy.
This organization represents nearly 800 large companies that have close to a $17 trillion market cap. B Corp, an organization that certifies businesses that "meet the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose." These businesses tend to be small companies, but they are all committed to accelerating a shift to redefine business and "build a more sustainable economy." Washington, D.C.-based trade organizations — such as American Wind Energy, Business Council on Sustainable Energy, Sustainable Business Council, American Solar Energy Industries Association and the American Council on Renewable Energy Association, to name a few.