Welcome to the March 2005 Issue of the TBLI Newsletter!

Triple Bottom Line Investing (TBLI) is based on the principle that positive financial, social, and environmental returns are not mutually exclusive - sound investments ensure returns in all three areas.

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IN THIS ISSUE

Column: March 2005
Feature Articles
News
CSR/SRI Conferences
TBLI Conference
CD Rom 2004
TBLI Award
Lectures & Teaching
New Publications
Jobs: Great jobs in the SRI/CSR business

News

COLUMN

Is it just me or does everything seem to be moving so rapidly, that it seems nearly impossible to manage everything? The desk gets pilled up with more and more items that are pending. We can't seem to respond to the emails within a reasonable period of time, and many email requests are just forgotten. The pile of work we take home, if we still work somewhere else, keeps getting higher. Help!!!

Are the demands increasing, the work load getting unbearable, the speed of communications too fast? Are we slowing down, breaking down, or breaking through? I think we are being confronted more and more with choices. Is our present work, carreer, occupation providing us with fulfillment? Are we being inspired to greatness? I think most people want inspiration, or fullfillment, or pleasure - unfortunately, it seems that so few of us are experiencing this. When that occurs, all the other details of daily work become overwhelming. In the past, we would call and chat, send an anecdote, and take time. Now, there seems to be no time, but just more to do. More deadlines to meet. We often feel like oranges that have been completely squeezed, and we are still trying to get those few drops out.

I think it would be wiser and more productive to spend a bit more time exploring our humanity and sharing funny anecdotes....or simply demand better leadership to change the way we work. Until we fundamentally change the game of business, the best we can do is work more efficiently and laugh a lot more.

On that note, if you have a good joke, I would love to hear from you.

Brooklyn Bridge-Angel of the Month
Mizue Tsukushi, founder and CEO of Good Bankers, is our choice for Angel of the Month. Mizue has worked tirelessly in a predominantly male culture to make SRI part of the Japanese financial landscape. With a singular focus and a iron determination, she pushed SRI into the mainstream. During this time, she has always remained supportive and generous.
Once, a colleague helped her get a client from Europe. She gave that person 10% of the yearly sales generated from that client without being required, or even asked, to do so. Wouldn't that be nice if we all were so generous with our recognition, without a written contract?

Quote

If you want to build a ship, don't drum up people together to collect wood and don't assign them tasks and work, but rather teach them to long for the endless immensity of the sea"
  -Antoine de Saint-Exupery

 

FEATURE ARTICLES
Learning from China (Online Link)
Why the Western Economic Model Will not Work for the World
by Lester R. Brown, Earth Policy Institute

Could the American dream in China become a nightmare for the world? For China's 1.3 billion people, the American dream is fast becoming the Chinese dream. Already millions of Chinese are living like Americans--eating more meat, driving cars, traveling abroad, and otherwise spending their fast-rising incomes much as Americans do. Although these U.S.-style consumers are only a small fraction of the population, China's claims on the earth's resources are already becoming highly visible.

 

Global Ageing and the Implications for Business
by Jonathan Hills, CSR Asia

The global transformation from high birth rates and death rates to low fertility and mortality is one of the greatest sociological revolutions in history. How is this shift going to impact businesses, investment and the economy in Asia? Moreover, how does CSR fit into this shift? Jonathan Hills explores these issues and looks at potential solutions.


Feature articles focus on current trends and investment opportunities in the field of SRI, TBLI and Corporate Governance, offering a source of new information and insights. If you have an idea for an article, or would like to submit an article for publication that meets this criteria, please send a letter to the editor.


NEWS

SOCIALLY RESPONSIBLE INVESTMENT
The New Colossus: The New Politics of Capital
Dutch Criticised for Ethical Failings
Rating Socially Responsible Mutual Funds With The NIS Social Rating
Equator Banks Attacked by NGO's
Wanted: Socially Responsible Real Estate Investments
Exchange-Traded Fund Based on Clean Energy to Debut Thursday
Take Energy Tech Back From the Day Traders
Numbers Don't Lie: Vice Fund Has Its Virtues
A Fish Story: New Fund Backed by Packard Foundation

SCREENING & REPORTING
Six Microfinance Banks on Three Continents Use GRI Guidelines
Sharing Aims in Divesting Controversy

German Regulator Misses Out in EU Directive
Micro-Finance Institutions will report using the GRI Guidelines

CORPORATE SOCIAL RESPONSIBILITY
SupplyManagement.com: The Time for Excuses is Over
UK Sets Out Its Goals For International Corporate Social Responsibility
The Bottom Line That Doesn't Pay
Global Corporate Responsibility in the Twenty-First Century
Thug Radio: Beef and Bullets in Rap's Corporate Ratings War
The View from the Boardroom (Survey by McKinsey)

COPORATE GOVERNANCE
Good Governance and Corporate Sin
Newly Vigilant Boards Force Change at the Top
Corporate Responsibility and Corporate Governance
How to Fix China's Banking System
Investors Turn Focus to Political Contributions: Resolutions (Reg Req’d)

CLIMATE CHANGE
Running on Empty: Oil Companies Almost Tapped Out (registration req’d)

Ascent of Peak Oil
Commission Consults Europeans on Climate Change Impact of Airplanes

UK's Brown Freezes Climate Change Levy, Buys Into Sequestration
ChevronTexaco Launches First Hydrogen Fueling Station
Companies Feel Heat: Record-High Shareholder Resolutions on Climate Change
American Cities Show Solidarity with Kyoto Signatories

MISCELLANEOUS
Ethics Still Not Influencing UK Consumers
What's a Gift, What's a Bribe?
PBS Debuts First TV Show on Responsible Business and Investing
Ethical Careers - Stay True to Your Roots
Participate in the EU Survey on Aviation and Climate Change

The Middle of Nowhere (Audio from This American Life – requires RMP)
An audio narrative documenting the ecological and economic collapse of the island country of Nauru and an extreme example of the inhuman aspects of customer service call centers.

We select a variety of current news items hosted at third-party websites that cover a broad range of issues from different perspectives around sustainable finance and asset management, corporate social responsibility, climate change, and corporate governance. Please let us know if there is a story we should include in next month's newsletter.

Do you have a comment or reaction on any of the material presented in the TBLI Newsletter? Send a letter to the editor.

CONFERENCES


Cleantech Venture Forum VII
17-19 May 2005
Paris InterContinental Hotel

Cleantech Venture is offering the premier event of the clean technology industry for the first time in Europe.
Cleantech Venture Network connects investors with "clean technology" entrepreneurs through information products, online services and the Cleantech Venture Forum series of events. Each Forum offers a highly-engineered program of 20 select investment opportunities – from solar energy to water purification, along with receptions, breakouts and discussions on cutting edge themes. CleanTech Venture Forums have attracted more than 1500 VCs, institutional LPs and corporate and private investors, as well as top entrepreneurs and service providers from Europe and around the world. Serving over 500 affiliate investor firms, they have tracked more than €3 billion invested in cleantech ventures, of which over €250 million has been raised by Forum-presenting companies.
For more information visit www.cleantech.com or call (+1) 517-223-9607.


Ceres 2005 Conference: Building Equity, Reducing Risk

13-14 April 2005, Boston MA, USA

Sustainable Investment 2005 Conference
April 13th-14th, 2005, Frankfurt, Germany

Conference on Responsible Competitiveness
19 April 2005, Brussels

Business Ethics Summit
21 April 2005, New York Helmsley Hotel, New York, NY USA

OECD FORUM 2005
Fuelling the Future: Security, Stability, Development
2-3 May, Centre de Conférences Internationals, Paris

Responsible Management in an Uncertain World
4-7 May 2005, Munich, Germany

MHCi CSR and Law Masterclass
25 May 2005, London, UK

Ethical Corporation 2005: Key Challenges for Business in Society
1-2 June, London

International Conference on Business Performance & CSR
22 June 2005, National Liberal Club, London, UK

Do you have an upcoming event that you would like to post in the TBLI Newsletter? Send a letter to the editor. We have limited space, so we may not be able to post all the announcements that we receive.



 

The TBLI Consultancy offers planning and development services to financial institutions and other organizations interested in implementing sustainable investment products.

The Consultancy offers Alliance Development and Networking services to organizations interested in developing or enhancing their CSR or SRI programs. In many situations, developing the internal capacity to implement a comprehensive program is time consuming and costly. Rather than going it alone, TBLI Consulting can help identify and negotiate strategic alliances or procure the appropriate services that align with your goals and your SRI or CSR strategy. Moreover, utilizing our extensive network, we will assist your organization to recruit partners that fit with your organizational culture and supplement your SRI or CSR strategy. Click here to learn more about this service.

Click here to go to the Consulting website.

Contact Robert Earhart for more information.

TBLI 
Conference

TBLI 2005 in Frankfurt

Mark your calendars now for TBLI 2005 - 2-4 November 2005.

The program is almost completed. Details will be made available in April on our website http://www.tbli.org.


Sponsors
If you would like to be a corporate sponsor for TBLI 2005, please send an email to robert@tbli.org.
Click TBLI sponsor packages for details. We will be updating the websites with the list of sponsors, next month. We welcome the following sponsors:

Corporate Sponsorship
Lead Sponsor: Deutsche Bank, SIRI Group
Contributing Sponsor: Dexia, ABP
Exhibition Booth: GES, KLD

Network Sponsors
Asria, GES, Good Company, UK Social Investment Forum, KPMG, Social Investment Forum

Media Sponsor
EPN, Engaged Investors, Ethical Marketplace, Sustainable Business.Com, CSR Wire, Islamic Finance




CD-ROM TBLI Conference 2004
If you were unable to attend TBLI 2004 or previous events and would like to receive all the presentations, acv's, and quick time video(s) of the event, visit the TBLI CD-Rom order page. The price is €119, (including VAT 19%, and postage).

Conference attendees at TBLI 2004 received the latest CD-ROM with their conference materials.

For more information please visit the TBLI Web site.


TBLI Award

The 2004 TBLI Award winner is the Rainforest Action Network.


Is there an organization or individual that you think should be nominated for the 2005 TBLI Award? Contact us.


TBLI Lecture

TBLI Lecture provides your staff or clients with information on the latest trends in SRI and overviews on a variety of other sustainability-related subjects.

Lecture topics include:

• Introduction to Triple Bottom Line Investment
• SRI Investment Trends
• The Emergence of Sustainable Private Equity
• SRI Geographic Trends
• Carbon Finance Outlook
• SRI and Investment Portfolio Risk Management Strategies

If you would like to have a workshop given in your organization regarding the principles, practices and competitive advantages of Triple Bottom Investment, please contact us at lecture@tbli.org. Different workshops in our lecture series can be customized to meet your education and training goals.

Click here to go to the TBLI Lecture web site.

Books

Collapse: How Societies Choose to Fail or Succeed
by Jared Diamond
Hardback, 575 pages, ISBN 0670033375, 2005, Price USD 29.95

Jared Diamond takes a comprehensive look at historical and modern societies that have experienced a severe decline in agriculture, population, and social order. Environmental damage, climate change, unsustainable population growth, unstable trading partners, conflicts with neighboring populations, and outdated cultural values are all key elements of failing societies. However, many societies found solutions to these problems and have persisted. This book will change the way you think about current environmental and social problems.

The Business of Climate Change: Corporate Responses to Kyoto
Edited by Kathryn Begg, Frans van der Woerd and David Levy
34 x 156 mm, 336 pp, Hardback, ISBN 1874719578, £40.00 US$75.00

On the eve of Kyoto policy implementation, this book presents a state-of-the-art analysis of corporate responses to the climate change issue. Essential reading for policy-makers, academics and researchers, and businesses wishing to learn about best practice in the sectors most likely to be seriously affected.

Corporate Social Responsibility: International Strategic Framework
UK Department of Trade and Industry, March 2005 (PDF Download)

Socially Responsible Investing: Triple Bottom Line - People, Planet, and Profits
By Cliff Feigenbaum and Ted Ketcham, GreenMoneyJournal.com (Online)

New Sustainability Reports

Grupo BBVA Corporate Social Responsibility Report 2004

BMO Financial Group 2004 Corporate Social Responsibility Report

McDonald’s Europe Environment Report 2004

Canon Sustainability Report 2004

Novo Nordisk Annual Report 2004 (Integrated)


Is there a publication or report that you think should be included in the TBLI Newsletter? Do you have thoughts or comments about any of the publications listed here? Let us know. Send a letter to the editor.

Job Opportunities
Investment Research Manager
WHEB Ventures Ltd. (London, UK)
WHEB Ventures Ltd (WHEB) is one of the few UK based venture capital firms that only invests in early stage clean technology companies.


Community Development Finance Specialist
The Federal Reserve Bank of San Francisco (San Francisco, USA)

Director of Lending
Calvert Foundation (Bethesda, MD)


If you would like to post a job opening, email jobs@tbli.org. Please be sure to include an Internet link that can be posted so that interested applicants can obtain more information.

Brooklyn Bridge - Who We Are

BB raises consciousness of self-interest to institutionalize sustainability.
TBLI Conference • - TBLI Consultancy •- TBLI Academy
TBLI Lecture •- TBLI Expert Meeting •- TBLI Eat To Meet
TBLI Venture Fair •- TBLI E-Newsletter •- TBLI Award

BROOKLYN BRIDGE PRINCIPLES: We assist individuals and companies with achieving their goals of institutionalizing sustainability, or linking with relevant parties. Mutual and global benefit must be the basis.

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