ESG News For Walden Asset Management

The Resource Home Show, a home improvement trade show, returns to The Woodland in Maplewood, NJ on April 23rd from 12 to 4.

Climate change cited as leading ESG criteria for both money managers and institutional asset ownersHIGHLIGHTSBoth money managers and institutional asset owners cited climate change/carbon emissions as the top issue they addressed in ESG incorporation, with each group saying it applied to more than $3 trillion of the assets under their purview.Additionally, money managers reported applying fossil fuel divestment policies across $1.2 trillion in their assets under management, putting it in fourth place among all the ESG criteria they address. Avoidance of military/weapons related investments and tobacco-related investments ranked second and third for money managers, affecting $1.8 trillion and $1.7 trillion in assets, respectively.For institutional asset owners, the second most important ESG issue factored into investment decision-making was avoidance of companies doing business in countries of high conflict risk, affecting $3.3 trillion in assets. Board issues and sustainable natural resources/agriculture were the third and fourth most important ESG issues for institutional investors in asset-weighted terms, affecting $2.9 trillion and $2.8 trillion, respectively.From 2020 through the first half of 2022, 154 institutional investors and 70 investment managers controlling $3 trillion in AUM led or co-led shareholder resolutions on ESG issues.The leading ESG issue raised in shareholder proposals was on ensuring fair workplace practices, and particularly on ending de facto discrimination based on ethnicity and sex. Close behind in the numbers of proposals filed were concerns about corporate political activity and climate change.Community investing experienced rapid growth, with assets under management increasing 72 percent to $458 billion over the past two years and increasing more than 600 percent in the last decade.

ADTALEM GLOBAL EDUCATION NAMED ONE OF AMERICA’S MOST RESPONSIBLE COMPANIES FOR SECOND YEAR

RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) held its 16th Annual Risk Mitigation Leadership Forum, Leading the Transition to a Green Economy: Role of Credit & Risk Transfer. The forum was hosted by RenaissanceRe’s Credit Team, led by Fiona Walden, SVP, Global Head of Credit, in partnership with ClimateWise, an insurance industry collaboration convened by the Cambridge Institute for Sustainability Leadership.This press release features multimedia. View the full rele

Report Highlights Results from First Comprehensive ESG Materiality Assessment

Company recognized for the second consecutive year for continued commitment to diversity, equity and inclusion

Pacific Seafood, provider of the healthiest protein on the planet, released its fifth annual Corporate Social Responsibility Report detailing Pacific Seafood’s “We Can” approach to being socially responsible in all areas of its business including relationships with coastal communities, fishing practices in wild-capture fisheries, techniques and processes on their farms, and their interaction with our team members and the environment.Highlights of the report include:We Can InnovateMeal Solutions

Philanthropic Initiative Supports Academic Family Medicine Antiracism Learning Collaborative Project

Legendary producer and songwriter Jimmy Jam, along with RWQuarantunes’ Richard and Demi Weitz, will host the special event, featuring Clive Davis, Smokey Robinson and many more surprise guests

Media call scheduled for 10:30am EST todayHighlightsThe Trends report counts two main strategies as sustainable investing: ESG incorporation—applying various environmental, social and governance (ESG) criteria in investment analysis and portfolio selection—and filing shareholder resolutions on ESG issues.The total US-domiciled assets under management using sustainable investing strategies grew from $12.0 trillion at the start of 2018 to $17.1 trillion at the start of 2020, an increase of 42 percent.This is 33 percent – or 1 in 3 dollars – of the total US assets under professional management.The top three specific issues for money managers and their institutional investor clients are climate change/carbon emissions, sustainable natural resources/agriculture and board issues.From 2018 through the first half of 2020, 149 institutional investors and 56 investment managers controlling $1.98 trillion in AUM led or co-led shareholder resolutions on ESG issues. 

Marks 30 Years of Public Health Progress and ChallengesThe 2019 Annual Report reveals rising rates of diabetes, suicide and drug deaths30 years of data show progress and ongoing challenges, with smoking rate decreasing by 45% while obesity rate climbs 166%Expert panel to discuss public health improvements over past 30 years as well as ongoing challengesSen. Patty Murray (D-WA) and Rep. Greg Walden (R-OR) to receive the America’s Health Rankings 30th Anniversary Champion of Public Health Award

Photo Gallery: View from a 150-Foot Crane at Oregon Water Recycling Plant

AHF criticizes Congressional leadership for buying into Pharma’s false narrative on the 340B program—a federally-administered drug discount program that costs the government and taxpayers nothing, and works successfully to allow nonprofits and hospitals to provide more care and services to the needy. Prodded by deep-pocketed Big Pharma as part of its relentless attack on the 340B drug discount program, the House Energy and Commerce Committee today released a new report unfairly criticizing the 340B Drug Pricing Program, which was first established by Congress in 1992. 340B’s goal is to “… stretch scarce Federal resources as far as possible, reaching more eligible patients and providing more comprehensive services” – something it has successfully done since its inception.