Recent News

July 16, 2014

A Look at the Reynolds/Lorillard Deal: Ramifications for E-Cigarettes

Transaction Overview Reynolds American (ticker: RAI) announced an agreement to acquire Lorillard (LO) for $27.4 billion in a cash-and-stock transaction valued at $68.88 per LO’s share (based on RAI’s closing price on 7/14/14).  As noted by Reynolds, this price represents a premium of about 40% to Lorillard’s stock price on February 28, 2014, which was… Read more »

July 7, 2014

Michael Baldinger and Eric-Vincent Guichard Join Cornerstone’s Board of Directors

Cornerstone Capital Inc., has appointed Michael Baldinger and Eric-Vincent Guichard to its Board of Directors, effective immediately. Baldinger currently serves as CEO of RobecoSAM AG, a Zurich-based investment firm that pioneered and specializes in sustainable investing. Guichard is Founder and CEO of Homestrings, an online portal that offers a range of tools to connect investors… Read more »

July 3, 2014

Five Governance Questions Shareholders Should Have Asked General Motors

The consequences of GM’s product safety failures are now becoming tangible. It will recall more cars this year than it will sell, affecting almost every one of its models. Kenneth Feinberg, an attorney best known for dispute resolution in cases of terrorism and corporate accidents, will be distributing a minimum of $1 million to each… Read more »

June 13, 2014

The Cornerstone Climate Change Conference Call Recap

How should investors respond to the challenges of climate change?  On our June 12th conference call, Cornerstone Capital CEO Erika Karp and John Wilson, Head of Corporate Governance, Engagement and Research, provided investors and corporate constituents with our perspective on this pivotal issue. The Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC)… Read more »

June 4, 2014

A Statement on Climate Change

As global markets digest the implications of the latest move from the Obama Administration, we argue that investors must adapt to the evolving reality of climate change with transparency, engagement and pragmatism.  In this note, John Wilson, Cornerstone’s Head of Corporate Governance, Engagement & Research, articulates our firm’s position on this pivotal issue. Introduction Although… Read more »

May 29, 2014

首席执行官关于可持续金融和银行业的致辞 – The Cornerstone JSFB CEO’s Letter in Mandarin, May 2014

To read the JSFB’s CEO Letter’s of Sustainable Finance & Banking in Mandarin click here.  首席执行官关于可持续金融和银行业的致辞  

May 6, 2014

Smoke & Mirrors: The E-Cigarette Conference Call Highlights

Recent announcements by the Food and Drug Administration to regulate e-cigarettes are significant for the future of the $1.2 billion industry, not just because of the material impact of future regulations, but also because of the impact of the public debate and media discourse on the topic.  The FDA’s focus is on banning sales to… Read more »

May 5, 2014

Join Us at the CGI & SASB Sustainability Standards Corporate Roundtable May 13, 2014

We are pleased to announce that Cornerstone Capital Group will be participating in the upcoming Sustainability Standards Corporate Roundtable on May 13th, hosted by the Clinton Global Initiative (CGI) and the Sustainability Accounting Standards Board (SASB). This collaborative event will engage thought leaders to discuss SASB’s new sustainability standards, best practices for disclosure and methods to help drive… Read more »

April 24, 2014

John Wilson Named Head of Corporate Governance, Engagement & Research

In a first, corporate governance expert to lead research function at investment firm. Cornerstone Capital Inc. today announced that John K.S. Wilson has been appointed to the newly created position of Head of Corporate Governance, Engagement & Research at Cornerstone Capital Group, effective May 1st. Mr. Wilson, who most recently served as Director of Corporate Governance… Read more »

April 7, 2014

Global Diversity Leadership Exchange

On Thursday, March 27th, Erika Karp participated in The Global Diversity Leadership Exchange “Connecting Cultures & Corporate Value” in the “Establishing New Measures of Success” session at the United Nations Headquarters.  Some highlights are available by the American Sustainable Business Council, click here to read the commentary.   The Session Topic: We have often heard the mantra… Read more »