Monthly Archives: March 2016

Cornerstone Opens Washington DC Office, Adds Strategic Policy Expert

Cornerstone Capital Group, a leading financial services firm, has named Dr. Robert D. Lamb as Director of Strategic Policy Research, and will open a new office in Washington, DC, effective March 21st. “Given the critical nature of civic entrepreneurship in the capital markets, Cornerstone is pleased to expand our footprint to include Washington DC,” said Erika Karp, CEO… Read more »

JSFB March Edition: “Leadership & Learning”

In this edition of the Journal of Sustainable Finance & Banking (JSFB), we highlight ideas that foster “Leadership & Learning.” Leadership is a process of continually absorbing information and transforming it with strategic and tactical clarity. The commitment of business leaders, from the Board room through operations, in understanding their vital role in innovating for… Read more »

Sustainable Sweden: Innovation and Investments Grow a Small Giant in the North

The pacemaker, the three-point seatbelt and ultrasound—these life-altering inventions all originated in a country that 100 years ago was among Europe’s poorest. Today, Sweden is renowned for its culture of innovation, strong global brands, and a social system that encourages risk-taking and responsibility. For investors seeking to make tech and sustainable investments, as well as for corporations and funds seeking to raise capital from sustainability-focused institutional investors—Sweden is a natural first pick.

The Power of Responsibility – Making Sense of the UN Global Compact

The United Nations Global Compact is the world’s largest voluntary corporate responsibility initiative. Currently it has more than 8,000 business participants from more than 145 countries. Participants are required to support ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption. 

The Monetization of Misery

On December 18, 2015, the eve of the Christmas holidays, the University of California announced that it was withdrawing roughly $30 million worth of its investments in private prison companies. U of C was not the first institution of higher learning to do so; Columbia University had divested itself of all of its shares in the private prison industry the previous June. In both cases, the Trustees’ decision to divest came after months of pressure from black student groups. By their action, Columbia and the University of California joined corporations like General Electric, Scopia Capital…

Investing Together: Creating Investment Opportunities for Generation Selfie

This last July, over 500 young adults, representing an estimated wealth of $750 billion, gathered at the United Nations headquarters in New York as part of the Nexus Global Youth Summit to discuss social entrepreneurship. They did not send their wealth or philanthropy advisors, but instead chose to spend three summer days cooped up in conference rooms to learn how to better use their capital and business acumen to make the world a better place.

Unlocking the Closet: The Economic Imperatives Driving Multinationals to Create LGBT-Inclusive Workplaces

Forward-looking multinational corporations understand that they need to create inclusive work environments in order to recruit and retain top talent, and stay competitive in the global marketplace. But they face a significant hurdle to doing so globally: Many countries still host significant levels of societal discrimination against LGBT people. Discrimination creates hugely significant negative impacts on economies.

What the Investment Sector Can Learn from the Agility of Veterans

What do you do when you don’t know what to do? Leaders create order out of chaos. This ability to calm the storm can be seen across professions and functions, but it is acutely observed in military men and women leaders. Key to managing through ambiguity is learning agility. In fact, today learning agility is often seen as the No. 1 predictor of leadership success, more accurate than IQ, EQ (emotional intelligence), education level, or even leadership competencies.

Cornerstone Capital Group Hires Industry Veteran Jennifer Leonard for Research Team

Cornerstone Capital Inc., a leading financial services firm today named Jennifer Leonard as a Director of Manager Due Diligence, supporting the Cornerstone Capital Investment Advisory business. Leonard comes to the firm from The CAPROCK Group, where she was Vice President of Impact Investing and co-led the firm’s impact practice. She will be based in New… Read more »

Global Earnings Synthesis: On Track for Modest Gains in 2016

Building on the recent analysis in our Regional and Sector Strategy: Monthly Update, we continue to embrace an outlook for just a single-digit increase in profits in 2016, which is in contrast to consensus estimates that imply a 21% gain in earnings.

Regional and Sector Strategy: Monthly Update

We remain Overweight Information Technology (largest weighting in Overweight North America region) and Consumer Discretionary (largest weighting in Japan, our other Overweight). We continue to avoid regions with heavy exposure to commodities, most notably Latin America (Underweight), South Africa and Russia (both ranked Neutral).