Monthly Archives: November 2014

Harnessing ‘Sustainable Brand Power’

How does a brand stay true to its purpose?  And how does a company create an emotional connection with its stakeholders, employees and consumers? These were just a few of the questions addressed by Jostein Solheim, CEO of Ben & Jerry’s during a Roundtable session Nov. 19th on “Sustainable Brand Power” at Cornerstone Capital Group. … Read more »

ESG Essentials – A Guide for Investors

There is increasing recognition globally that environmental, social and governance (ESG) factors are relevant and material for investment decisions. If you are involved in the world of finance, the words “sustainability” or “ESG” have either crossed your desk or are about to. For investors that are new to the topic, this report will serve as a primer that provides a basis for additional avenues of inquiry. For those that are already familiar with the subject, this report will act as a supplement and may offer new or different perspectives on the most critical issues.

Income Inequality: Market Mechanism or Market Failure?

Tools to assess corporate performance and enhance investment decisions Income inequality is a normal feature of a free market economy. However, in recent years, it has been on the rise in most developed countries and has reached relatively high levels, especially in the US. Extreme income inequality affects economic growth prospects and societal stability. It… Read more »

November Edition of the Cornerstone JSFB Themed “Reduce, Recycle and Regenerate”

This month we focus on efforts from across the global capital markets to “Reduce, Recycle, and Regenerate.” We consider both the challenges and the opportunities in today’s “linear economy” with contributions from experts in fields ranging from metals recycling, to the repurposing of dormant industrial facilities.

November Market Summary

In a sign of bullish investor sentiment, risk assets broadly retraced the losses incurred in the October market swoon. A combination of receding global growth fears, continued monetary policy report, and strong earnings results contributed to the rebound, in some cases driving equity indices to new highs. Central bank policy remains a focal point for investors and they continue to consider the ramifications of less accommodative Fed policy offset by more aggressive ECB and BOJ actions….

Opportunities in Waste, or Wasted Opportunities?

From a resource management point of view, the second half of the 20th century will probably be seen as an anomaly. In this very short period of modern human history, unprecedented amounts of natural resources were extracted, used as energy or materials in manufactured goods and services, and ultimately transformed into piles of rubbish. This… Read more »

My Smart Car and Me

When my wife and I lived in New York City, we never owned a car. Then the kids came, and, like other many other New Yorkers, we moved to the suburbs. Despite our commitment to the environment, there was no choice but to drive. Our town isn’t walkable. I tried getting around by bike for a while, but I always felt moments away from death…

A Virtuous Circle of Corporate Excellence Drives Sustainable Value

Praxair, Inc. (NYSE: PX) is a Fortune 250, $12 billion global industrial gas company headquartered in Danbury, CT. It is the largest industrial gas company in the Americas and operates in more than 50 countries. Praxair consistently leads the industry in profitability and return on capital through a culture of operational excellence, capital discipline and… Read more »

Nils Anderson, the CEO of AP Moller Maersk, spoke at this month’s BSR Conference in New York City and articulated his company’s aspiration to be “Taking the lead in a world of change.”  This company represents the ultimate player in global trade. And, if one subscribes to the economic theory of comparative advantage, then the… Read more »

Regional and Sector Strategy: November Update

This month we, upgrade Financials to Overweight from Neutral reflecting the combination of relatively attractive valuations and improving earnings momentum. In addition, Financials’ earnings estimate revisions are only modestly negative (i.e., downward revisions just outpace upward revisions), in sharp contrast to most other sectors where estimate revisions are strongly negative. Our regional strategy remains unchanged. We are Overweight or Neutral the majority of developed regions (Japan, U.K., Australia, North America) and Underweight most emerging markets (Latin America, CEEMEA)….