NEW YORK, January 6, 2019 – Cornerstone Capital Group (“Cornerstone”), an SEC registered investment advisor dedicated to helping investors achieve targeted environmental and social impact goals without sacrificing investment performance, today announced that it has joined the World Benchmarking Alliance (WBA).
The WBA was launched in 2018 by the United Nations Foundation, Aviva, and Index Initiative with the mission to increase the private sector’s contribution to a sustainable future. Allies represent a large mix of voices aligned with the UN Sustainable Development Goals (SDGs), ranging from civil society and business networks to financial institutions and multilateral organizations. The WBA will develop free, publicly available benchmarks that will rank companies on their contributions to achieving the SDGs.
“Cornerstone is proud to be an ally of the World Benchmarking Alliance,” said Erika Karp, Founder and CEO of Cornerstone Capital Group. “The pathway to a sustainable future, as outlined in the SDGs, can only be achieved through transformational change. We look forward to collaborating with other allies to be a successful driver of change by creating sustainable, inclusive and innovative solutions.”
Karp believes that investing has a crucial role to play in advancing the SDGs. In April 2019, Cornerstone launched The Cornerstone Access Impact FrameworkTM, which uses a proprietary methodology to measure and report on how investments facilitate access to the systems and resources required to achieve the SDGs. The notion of access represents the single common denominator to moving capital to achieve the SDGs, and aligns beautifully with the work of the WBA.