Journal of Sustainable Finance & BankingSM

The Cornerstone Journal of Sustainable Finance & Banking (JSFB) is an on-line forum featuring voices from a range of disciplines bringing their unique perspectives on progress towards a regenerative and inclusive global economy. JSFB contributors include thought leaders from the capital markets, private sector, non-governmental organizations and academia, highlighting breakthroughs in science and technology, best practices in environmental stewardship, social progress and effective governance, and creative ideas for advancement of responsible long-term economic development.
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September 20, 2017

Coping, Shifting, Changing 2.0 –New UNGC/PRI Report

The Principles for Responsible Investment (PRI) and United Nations Global Compact released the first version of Coping, Shifting, Changing in 2014. The central premise of the report was that companies could be long-term even in a short-term world, offering practical recommendations on how to achieve this. This new report, released on September 18,  responds to feedback that investors could, and should,… Read more »

September 14, 2017

Ms Foundation Calls for Expansion of Sanctuary Policies

Editor’s note: Ms Foundation has just released a new report: “Centering Black Women, Girls, Gender Nonconforming People and Fem(me)s in Campaigns For Expanded Sanctuary and Freedom Cities,” by Andrea Ritchie and Monique Morris (National Black Women’s Justice Institute). Below we share the executive summary. Download the full report here: https://forwomen.org/resources/sanctuary-city-report/ Centering Black Women, Girls, Gender Nonconforming People and… Read more »

September 13, 2017

The State of the Data: Challenges to Integrating ESG Factors into Investment Decisions

Introduction Today, Environmental, Social and Governance (ESG) data are helpful to investors — but not helpful enough.  Environmental information about greenhouse gas emissions has enabled investors to identify companies that seem vulnerable to a potential carbon tax, and has also highlighted companies that have materially improved energy efficiency.  Similarly, many companies have been reporting data… Read more »

August 4, 2017

Time for a New Normal in Global Capital Markets: Advancing Investment in the Sustainable Development Goals (SDGs)

Last week, national governments, business, and civil society leaders came together at the United Nations’ High-level Political Forum (HLPF) in New York. With C-Change, we were asked to address attendees to the SDG Business Forum following our report SDG Investing: Advancing A New Normal in Global Capital Markets. The report, jointly commissioned by United Nations… Read more »

July 24, 2017

Why “Attentiveness” Matters: A Cautionary Tale for Investors

Editor’s Note: The piece below by Uwe Gneiting, a Research and Policy Advisor for the Private Sector Department at Oxfam America, and originally published here on July 13, 2017, struck a chord with Cornerstone’s research team. In October 2016 we published Extractive Company Values, an in-depth report illustrating how mining companies’ “attentiveness” to material environmental… Read more »

July 13, 2017

The UN Has a Problem

Editor’s Note: Andrew MacLeod is a member of Cornerstone Capital Group’s Board of Directors. He is affiliated to the Center for Strategic and International Studies in Washington DC, and is the Chairman of Griffin Law, which is a law firm. He worked as an aid worker for the Red Cross in Yugoslavia and Rwanda in the… Read more »

July 11, 2017

“Governance and Impact” Journal Compilation, First Half of 2017

With this edition of The Cornerstone Journal of Sustainable Finance and Banking (JSFB) we’d like to ensure that everyone in the sustainable investing community is aware that we have shifted from a monthly publication schedule to an ongoing series of blog posts enabling us to provide more timely commentary on behalf of the Cornerstone network… Read more »

July 11, 2017

Beyond Finance: Considering the Business and Social Potential of the Blockchain (Webcast)

On June 23 Cornerstone hosted Jalak Jobanputra for a discussion on the blockchain’s transformative potential. Jalak is the Founding Partner of Future\Perfect Ventures, an early-stage venture capital fund focused on next-generation technology such as blockchain and machine learning. She was an early investor in the space, and is widely considered to be an expert. Cornerstone’s… Read more »

June 13, 2017

Finance of the Future

John Wilson was recently interviewed by Sea Change radio’s Alex Wise for his podcast. We discussed how managers balance trying to please dividend-hungry shareholders with keeping an eye on the future, how automation will affect the global economy, and how all of this is ultimately an issue of sustainability. Click below to hear the replay. John… Read more »

June 13, 2017

Climate Investment: Auspicious Times

  This is the text of a speech we prepared for the conference “Post-Carbon Finance: Fostering Low-Carbon Investment,” to be hosted by Ecologic Institute and the Consulate General of Germany in New York on June 15. It is an auspicious time to be talking about climate finance. The US administration may be removing itself from… Read more »