Monthly Archives: October 2014

Cornerstone Marks Launch of Investment Management Business in Denver

Cornerstone Capital  hosted a launch party Oct. 28th for its newest division, Cornerstone Capital Investment Management (CCIM), at The Alliance Center in Denver. The event featured Cornerstone Capital Inc.’s Founder and CEO Erika Karp, former Governor Bill Ritter, and Blackstone Entrepreneur Network CEO, JB Holston, who also serves on Cornerstone’s Global Advisory Council. Guests included many… Read more »

The Economics of Environmental Issues in Sector Strategy

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Increasing environmental pressures — Corporations globally are experiencing growing pressure about environmental issues reflecting, in large part, regulatory initiatives that could potentially increase costs. Among the factors driving the growth and stringency of environmental regulations: energy security issues, public health challenges, impact of pollution on economic growth. We examine the implications of a potential increase in key environmental costs for ten industry sectors. Subsequent research will examine the implications — positive or negative — of social and governance factors for these sectors.

“E” at the Sector Level

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Corporations globally are experiencing growing pressure about environmental issues reflecting, in large part, regulatory initiatives that could potentially increase costs. Read more in Michael Geraghty’s article “The Economics of Environmental Issues in Sector Strategy.”

October Edition of the Cornerstone Journal of Sustainable Finance & Banking, Themed “Food & Nutrition”

mixed vegetables background

In the past month, as the prognosis for the health of the fragile global economic recovery has deteriorated with a concurrent spike in volatility, we turn to the theme of “Food and Nutrition” in this month’s edition of the “Cornerstone Journal of Sustainable Finance & Banking” (JSFB).  This month we address a broad range of issues… Read more »

Sustainable Agriculture: What Drives Investor Decisions?

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Sustainable agriculture ensures that production keeps up with both demographic changes and resource scarcity while providing economic development and investment portfolio growth. And agricultural production is big business, encompassing land, equipment, crop inputs (chemicals and seeds), expert production (farmers maximizing crop yields), value-added processing, and sales and distribution.  Agricultural sustainability depends on a number of… Read more »

Water & Sanitation: Everybody Needs Them, Especially During a Crisis

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“Readers, I selected this story–written by a colleague here at Oxfam–when I learned that the focus of October’s issue of The Journal of Sustainable Finance and Banking would be on food and nutrition. Although Oxfam has worked on food and hunger issues from our inception, far too few people recognize the significance that clean water… Read more »

7,000 Chemicals and Highly Sustainable

Courtesy of Chateau Maris

Red wine, it is believed, has many virtues, from antioxidants to its high levels of resveratrol to promoting weight-loss. However, the virtues of wine can quickly be undone by harmful chemicals, pesticides and fungicides that are found in many varietals today. Unless a wine is certified organic and biodynamic, the consumer can be exposed unknowingly… Read more »

Rise of the Corporate Wellness Officer

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Co-authored by Melissa Musiker and Julie Jack   Nutrition has now entered the C-suite. Progressive food and beverage companies are demonstrating an increasingly sophisticated approach to managing health and wellness issues.  Facing a world of 9 billion people, the prism through which food and beverage companies view health and wellness has expanded to include the… Read more »

Eating Ourselves Thirsty

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As the world’s consumers increasingly eat their way up a middle class ladder replete with growing portions of meat, dairy, cooking oils and fruits and vegetables, farmers find their jobs growing harder by the day. Facing ever-hotter temperatures, record-busting cycles of drought and flood and finite amounts of irrigation water, farmers have the unenviable task… Read more »

Impact Measurement to Enable an Effective Market


Co-Authored with Kelly McCarthy   Investors in sustainable finance and banking may have noticed a recent focus on the importance of impact measurement. A number of government initiatives are emphasizing rigorous social and environmental performance tracking, including an announcement last month from the U.S. Small Business Administration (SBA) that Impact Small Business Investment Companies (Impact… Read more »

The Search for a Sustainable Cuisine

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For several years, I’ve tried — with an astounding lack of success — to persuade the students studying at The Culinary Institute of America, that the houses of PhD biologists are not haunted. They contain no ghosts. But even if they did, they’d be benevolent ones like “Casper the Friendly Ghost,” or the “Ghost of… Read more »

Investing in Seafood is Smart for Business, People and Planet

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Will Baird also contributed to this article.   Solving non-communicable diseases such as heart disease, diabetes, and obesity is one of the biggest challenges facing sustainable financing. Two thirds of American adults are either overweight or obese,[1] and the cost of heart disease is projected to reach $818 billion by 2030.[2] Heart disease is the… Read more »

The Diabetes Challenge: The Unintended Health Consequences of Reformulating Food Products

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Diabetes can be characterized as a new type of pandemic. It is probably the first pandemic to be mostly caused by our modern lifestyle: what and how much we eat and how much we exercise[1].  Historically, people over 65 years of age used to develop diabetes. Today, however, younger people tend to develop diabetes, especially… Read more »

A Closer Looks at GMOs

Experiment with green seedlings in the lab

Are laws requiring the labeling of food containing genetically modified organisms (GMO) justified? Do consumers have a right to know what is in their food, or will the labels simply confuse the public?

Transforming Snacks for Foodies: Exo Bars and Runa Tea


The soft drinks and snacks markets are changing. Consumers are progressively turning towards healthier, and more sustainable alternatives. Three deep trends are behind this slow evolution: our greater understanding of how climate change affects water, energy and food systems; increased awareness of how our choices affect communities that produce food commodities; and growing health consciousness…. Read more »

The Future of Urban Agriculture in U.S. Cities


Co-authored by Viki Radden and Doug Lawrence   Today, the U.S. population is over 316 million.   In less than 40 years, the U.S. Census Bureau projects we’ll reach a national population of 450 million, a 42% increase.   Where is this population going to live?  The answer to that question appears relatively clear; the U.S. Census Bureau… Read more »

The Future of Food and Sustainability…A Call for Action

Courtesy of Sky Vegetables

The current U.S. agriculture model is not sustainable.  It is losing more than one acre of farmland a minute to development and causes the erosion of four billion tons of topsoil per year. It accounts for 82% of fresh water use while our major water sources such as the Ogallala Aquifer, Lake Mead and the… Read more »

Cornerstone Capital Marks First Anniversary of JSFB with Expanded Distribution via Bloomberg

Special edition of Journal of Sustainable Finance & Banking  themed “Food & Nutrition” NEW YORK, NY (October 17, 2014) – Marking the first anniversary of its publication, Cornerstone Capital Group is pleased to offer this month’s edition of the “Journal of Sustainable Finance & Banking” (JSFB) complementary to all of our colleagues across the global financial… Read more »

Market Summary: Overview

In a year of surprisingly muted market volatility, this month we saw risk assets tumble as investor concerns reached a decisive tipping point. Anxiety over a less accommodative Fed, the pace and sustainability of global economic growth, continued conflict in Ukraine, escalating violence in the Middle East, and even the Ebola crisis have investors fleeing… Read more »

People Planning in a Conference and Innovation Concept

In an effort to ignite and support the efforts of the next generation of business leaders, and a form of capitalism that is based upon greater collaboration and transparency, we launch this initiative among the world’s students who will be essential drivers of sustainable innovation…This is a call to action for social entrepreneurship: “Sustainable Games:… Read more »

Regional and Sector Strategy October Update

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Still defensive — We maintain our relatively defensive posture given pockets of economic weakness globally. We are Overweight Health Care in the U.K., North America and Europe ex U.K. We are Underweight or Neutral Energy, Materials and Utilities in the majority of regions Regional strategy — We upgrade the U.K. to Overweight from Neutral, in large part because the earnings outlook has improved materially. We downgrade CEEMEA to Underweight from Neutral….