Ron Gonen, Erika Karp and Emily Landsburg: Financing circularity & unlocking catalytic capital
GreenBiz, July 15: This discussion is about how stakeholders are beginning to unlock value and create a lasting positive impact on the environment as they pivot towards circularity. Read full article here…
Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
Inside Climate News, July 15: "Last year, about $500 billion moved toward investments in alternative energy, but we need this to be $1. 5 trillion a year to get anywhere near the objectives…
Wall St drifts lower as trade concerns weigh, big rate cut hopes fade
Reuters, July 9: “Second-quarter earnings are a very important part of the puzzle for investors right now,” said Michael Geraghty, equity strategist at Cornerstone Capital Group in New York. Read full article…
A Note on Alex Navab: Cornerstone Board Member and Friend
It was with great sadness that we learned about the passing of Alex Navab. Alex cared deeply about sustainable finance, establishing his firm, Navab Holdings, with the ambition of helping reinvent the capital markets.…
Why some ESG-friendly financial advisers are careful about mixing politics and portfolios
MarketWatch, July 2: “Our job as advisers is to follow the client’s priorities, not set the agenda for them,” said Katherine Pease, head of impact strategy at Cornerstone Capital Group. Read full article…
News Briefs for 06.28.19
qnotes, June 28: Cornerstone Capital Group announced the release of a new research report, “Two Lenses, One Vision: Investing for LGBTQI and Gender Equity,” which makes the case for the “thematic fusion of…
U.S. Markets Rip Higher On China, Fed News
ETF Trends, June 18: “Certainly, there’s ground for optimism,” said Michael Geraghty, equity strategist at Cornerstone Capital Group. “However, we have to remember there have been a lot of negotiations between China…
Dow up more than 350 points on trade deal hopes after Trump says he’ll meet with Xi at G-20
CNBC, June 18: “Certainly, there’s ground for optimism,” said Michael Geraghty, equity strategist at Cornerstone Capital Group. “However, we have to remember there have been a lot of negotiations between China and…
Democrats want companies to disclose their climate risks — and fossil fuel industry is worried
Politico, June 17: "Transparency is what this is about," said Erika Karp, chief executive of Cornerstone Capital Group, a New York-based investment advisory that advises clients with $1. 1 billion in assets.…
LGBT Workplace Equality: Mixed Picture For Companies, Investors
Family Wealth Report, June 13: The LGBTQI community has benefited from “a sweeping change in attitude across the US," but with no national body policing workplace inclusion or standardized reporting to root out…
Two Lenses, One Vision: Investing for LGBTQI and Gender Equity
Iris. xyz, June 13: As investors continue to make the case for full inclusion of LGBTQI people, there is a practical and ethical mandate to align LGBTQI interests with those of gender lens…
Aligning Global Goals and Investment Analysis
Iris. xyz, June 12: The Access Impact Framework TM bridges the gap between the Sustainable Development Goals and available granular metrics on specific environmental, social, and governance issues by aligning them with the…
Two Lenses, One Vision: Investing for LGBTQI and Gender Equity
Raynbow Affair Magazine, June 11: “As a business certified by both The Women’s Business Enterprise National Council (WBENC) and The National LGBT Chamber of Commerce (NGLCC), Cornerstone believes that there is a practical…
Cornerstone Capital Group Publishes New Report on Investing for LGBTQI and Gender Equity
My Social Good News, June 11: Erika Karp, Cornerstone’s Founder and CEO, said: “There is a deep and compelling rationale for investor engagement in matters related to LGBTQI equity and its alignment to…
‘A Horrifying Reality’: An Oral History of Coming Out on Wall Street
Institutional Investor, June 10: Erika Karp, Founder & CEO of Cornerstone Capital, shared her story of being one of the first lesbians on Wall Street and coming out over 20 years ago. Read…
Stocks gain as investors mull chances of rate cut; bond yields rise
Reuters, June 4: “Investors are taking comfort in what appears to be a Fed that is contemplating cutting rates if the economy materially slows down. ” -- Michael Geraghty, our equity strategist commenting…
ESG Ratings Face Skepticism Even as Loan-Market Importance Grows
Reuters, June 4: ESG ratings attract “a healthy amount of skepticism,’’ said Erika Karp, our Founder & CEO. Inconsistent data and the inconclusive nature of ratings can be “quite dangerous. " Read full…
The ESG Phenomenon – A View From Cornerstone
Family Wealth Report, May 21: Our Founder & CEO, Erika Karp, talks about impact investing: "It’s critical to understand that impact investing can be done across asset classes. " Read full article here…
The Access Impact Framework: Aligning global goals and investment analysis
Impact Alpha, May 15: The Access Impact Framework bridges the gap between the Sustainable Development Goals and available granular metrics on specific environmental, social, and governance issues by aligning them with the concept of access to…
U.S. Markets Weaken Ahead of U.S.-China Trade Meet
ETF Trend, May 9: “All this macro uncertainty out there is making investors risk-averse, particularly in an earnings environment that isn’t great. ” -- Michael Geraghty, equity strategist at Cornerstone Capital, commenting on…