Sustainable Investment

Two-thirds of asset management professionals surveyed (65%) say that they are using sustainable investing strategies to achieve competitive market-rate financial return alongside positive social and/or environmental impact.

A new study released by CECP and supported by Prudential Financial, Inc. found that large corporations invest approximately US$2.4 billion each year in initiatives and ventures designed to achieve financial returns as well as a positive economic, social, or environmental impact – commonly referred to as “impact investing.” The groundbreaking pilot study, Investing with Purpose, is the first time that the corporate role in impact investing has been analyzed in depth.

Three of Carnival’s brands, Carnival Cruise Line, Holland America Line and Princess Cruises, which regularly visit the Port of Seattle, were all praised for their environmental stewardship and programs that go above and beyond regulations and industry standards.

Recent news from Carnival Corporation detailed new ships coming out that will be powered by liquefied natural gas (LNG), a first in the cruise industry.

The Ray C. Anderson Foundation has awarded a $500,000 challenge grant to Project Drawdown, a global initiative based on meticulous research and subsequent traditional and online publications that analyzes how and when we can reverse global warming. As Project Drawdown is proving, the key is to amplify existing, widely practiced, commonly available, and scientifically proven solutions.

Members of the Sustainable Brands® community gather in Boston, MA to kick off the 5th annual New Metrics conference. Nearly 300 global senior executives across diverse sectors are convening today through Nov 16th to unveil cutting-edge corporate practices that measure and quantify environmental and social impacts and tie them to financial and business value.

Utility regulators in some U.S. states are considering the adoption of performance-based regulation to replace the traditional cost of service regulation. Under this model, the utility’s revenues would not be based on the total costs of providing service, but rather on a broad economic measure such as the Consumer Price Index in conjunction with a set of specific performance metrics related to the utility’s operations.

Leading CEOs who are a part of CECP: The CEO Force for Good –a coalition of more than 200 corporations collectively representing $7 trillion in annual revenue – will assemble for CECP’s 12th annual Board of Boards. Noted in Forbes as one of the top three "power player" CEO gatherings, this closed-door session is a business insights and opportunity forum. CEO participants position their companies for success and forge valuable connections with peer business leaders around the topic of infusing stakeholder needs into core business strategy.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest leisure travel company, announced Wednesday plans to expand its Fathom brand’s Dominican Republic social impact experiences to its other cruise line brands sailing to its Amber Cove port of call.

In a plenary address at the BSR Conference 2016, Cornerstone Capital Group Founder, CEO, and Chair of the Board Erika Karp explored shifting dynamics in the capital markets and the future of investing.