This month’s blog is written by David Sand, CCM’s chief impact strategist, in response to all the recent anti-ESG noise including the many stories from Vivek Ramaswamy and his anti-woke and pro-fossil fuel investors. Which is quite the contrast from CCM, who for over twenty-three years has worked with clients […]
Category: ESG investing
Our final blog of the year highlights the top five trends we witnessed within the impact and ESG investing space in 2021. Greenwashing: There was a lot of media attention on “greenwashing” throughout the year including the former CIO at BlackRock claiming that sustainable investing practices is a public relations […]
Earlier this month, the CFA Institute issued the first voluntary global standards for an asset manager to consider when disclosing its Environmental, Social, and Governance (ESG) issues in its objectives, investment strategy, and stewardship activities.[1] The guidelines, which are an extension of the global investment performance standards, known as GIPS, […]
Over the next forty years, approximately $30 trillion of wealth is estimated to be passed from baby boomers to Generation X and millennials in North America alone.[1] This shift in capital is being dubbed the “great wealth transfer”. For financial advisers, the transfer of wealth from baby boomers to their […]
In this week’s blog CCM uncovers four common misperceptions of Impact and ESG investing. Myth: Impact and ESG investing sacrifices financial performance. Truth: Strategies that incorporate impact and ESG components have track records, and it is imperative to review their historical risk-adjusted financial performance against their respective benchmarks, as is […]
Last week, an opinion letter from Tariq Fancy, former chief investment officer of sustainable investing at BlackRock, claimed sustainable investing practices to be a public relations spin and highlighted greenwashing as an impediment to addressing the risks of climate change. As a pioneer in impact and ESG investing, CCM agrees […]
Happy new year! We hope everyone had a nice holiday season. Impact and ESG investing experienced record-breaking growth in 2020 and we are excited for its ongoing advancement in 2021. The focus on investments supporting COVID-19 relief and economic equality will continue to be at the forefront of impact and […]
Last week, all eyes were focused on Tuesday, November 3rd. Election day was filled with much uncertainty of what the next four years will bring and what the outcome would mean for impact and ESG investing. After four long days, we finally gained some clarity. President-elect Joe Biden’s victory anticipates […]
In September, Professor Burton Malkiel wrote a story in the Wall Street Journal, “Sustainable Investing is a Self-Defeating Strategy,” and included his thoughts on the shortcomings of the practice. The article’s headline was more incendiary than the text, but his arguments—and things he left out—are worth noting. Below are some […]
Last month, on August 31, 2020 the U.S. Department of Labor (DOL) released the Notice of Proposed Rulemaking on Fiduciary Duties Regarding Proxy Voting and Shareholder Rights under the Employee Retirement Income Security Act of 1974 (ERISA). This proposal addresses the application of ERISA’s fiduciary duties of prudence and loyalty […]