Happy New Year! Welcome to the January 2005 Issue of the TBLI Newsletter!

Triple Bottom Line Investing (TBLI) is based on the principle that 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: January 2005
Feature Articles
News
CSR/SRI Conferences-THE CLEAN-TECHNOLOGY INVESTOR SUMMIT
TBLI Conference
CD Rom 2004
TBLI Award
Lectures & Teaching
New Publications
Jobs: Great jobs in the SRI/CSR business

News

COLUMN

The Tipping Point

I am quite excited about this year. So many things are converging to create a force or tipping point, that might push tbli through. The European Trading Scheme has started as of January 1st. Carbon is finally becoming a cost for business. After three years of consultation the International Interfaith Investment Group is being launched in April. A significant number of initiatives by private banks and other groups will introduce tbli to high net worth investors. It is the year of micro financing, with significant money flows and programs starting.The Enhanced Analytics Initiative gets into full swing, which will work to get analysts to make so called "non-financial" issues part of the analysis. Sustainable private equity or cleantech private equity is rapidly accumulating significant investment. There are literally too many developments to mention. I almost forgot the obvious.

Yesterday, I was talking to a friend about working together in the SME sector, and I showed him the Brooklyn Bridge presentation. His reaction was not what I normally get. It was rather odd. We have been beaten the drums and praises of TBLI and trying for a long time to raise awareness of companies of their self interests in embracing sustainability. What I forgot was that there were many companies who didn't understand the reason for having to convince someone about sustainability. Jos, my friend, looked perplexed, and said "this is just normal business". Yes, it is. The obvious is often overlooked, and we forget that many companies do "get it".
HAPPY NEW YEAR!!!

Robert Rubinstein

Brooklyn Bridge-Angel of the Month
Michael Braungarten is our angel of the month. Michael has been working tirelessly in institutionalizing sustainable business practices, for a very long time. A chemist by background, he helped develop the Hanover principles, and many new service and products that worked toward fully integrating the concept of technical nutrients as a service. The book, Cradle to Cradle, he wrote with Bill McDonough is a classic. At TBLI 2003, he launched the idea of Triple Top Line Investment, and criticized the notion of eco-efficiency. He said, and I paraphrase" Going in the wrong direction slower, is not progress". His work is not the reason he is receiving this recognition. The reason we chose Michael is because he does exactly what he says. Constantly generous with his time, and network. He constantly tries to link his network to ours and make introductions to people who can help us and who are inspirational. As busy as he is, he will always find the time to help. One of the most important criteria for an Brooklyn Bridge Angel of the Month is the concept of sharing. Michael needs no explanation about this.
Congratulations.

Quote

"Every truth passes through three stages before it is recognized In the first it is ridiculed, in the second it is opposed, in the third it is regarded as self-evident"
 -Arthur Schopenhauer

FEATURE ARTICLES



Motivation: Attitudinal and Behavioral Drivers for Action

MPG International, United Nations Environment Programme (UNEP),
and the World Association of Opinion and Marketing Research Professionals (ESOMAR).
(Available from SocialFunds.com in PDF Format)

Last month, we presented this report as a feature article. William Baue at SocialFunds.com presents an excellent review of this report, which addresses the issue about what motivates consumers towards sustainability. Links to the report are available in the review article.



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
SocialFunds.com: Top Five Socially Responsible Investing News Stories of 2004
The Sustainability Equation: Why Money Matters
Japan's First Socially Responsible Pension Fund for Employees
Ousted CalPERS Head Lashes Out (registration reqd’)

Research Forecasts Billion Dollar Supply Chain for Auto Fuel Cell Industry

CR Funds: Maximizing Financial and Sustainability Performance


SCREENING & REPORTING
Calvert Publishes Sustainability Report
Blind Investment
Report: 50% More CEOs Report on Corporate Social Responsibilities in 2004
Corporate Responsibility in India Needs to Wake up to Quality Reporting

CORPORATE SOCIAL RESPONSIBILITY
The Economist: (Another) Skeptical Look at Corporate Social Responsibility

CSR Backlash
Opinion - Societys Lack of Concern with Small Human Details
Social issues on the corporate agenda
B-School Students with a Cause
Conoco Pulls Out of Group Pushing for ANWR Drilling
Redefining Corporate Social Responsibility

COPORATE GOVERNANCE
Good Practice Goes Far Beyond Box-Ticking

Conduct Code Aims to Create Diverse Boards
Malaysia: The Case for Corporate Governance
Economic Forum Calls for Pension Governance
Anti Sarbanes-Oxley Mood Rises in Europe

CLIMATE CHANGE
UK Pushes for New Climate Treaty Favoring Technology Over Regulation
Survey Shows Environmental Doomsday Recedes Slightly
Russia Estimates Kyoto Earnings at $1-3 Billion
Fuel-Cell Vehicles Close the Gap
'Green Reconstruction' Vital in the Aftermath of the Tsunami, Says WWF


MISCELLANEOUS
Howard Dean: The Emerging European Influence

We select a variety of current news items 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

THE CLEAN-TECHNOLOGY INVESTOR SUMMIT
2-3 February 2005, Rancho Mirage (Palm Springs), CA, USA

“Capitalizing on the next wave of innovation in energy tech, water tech, and materials science.” -- Hundreds of millions of dollars are pouring into clean-tech investments, and savvy investors are realizing the opportunity to capitalize on solutions that serve the needs of industry, government, and society: innovative technologies that compete on price and performance while reducing pollution, waste, and resource use. Come join the drivers of this new environmental economy: clean-tech investors and companies that are leading the way.

ISLAMIC BANKING & FINANCE IN ASIA
31 January-1 February 2005, Singapore

EMISSIONS TRADING: DEVELOPING EFFECTIVE RISK AND TRADING
14-15 February 2005, Central London, UK

BUSINESS/NGO ENGAGEMENT: HOW TO CREATE WIN-WIN OUTCOMES
22-23 February 2005, London, UK

CLEANTECH VENTURE FORUM VI
24-25 March 2005, San Francisco, USA

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

CALL FOR PAPERS
Sustainable Management in Action
19th - 20th September 2005, University of Geneva

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.

NEW SERVICE - TBLI INVESTOR SALON offers a unique opportunity for financial institutions, asset managers, and private banks to market existing or new socially responsible investment products to prospective or current clients. These events can help your organization build better relationships with your investors. 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

CALL FOR PRESENTATIONS
Brooklyn Bridge is currently accepting proposals for presenters at the 2005 TBLI Conference, held from 2–4 November at the Messe in Frankfurt. TBLI is the largest annual global event on Socially Responsible Investment, with participants and speakers from six continents. If you would like to be a presenter, please send a proposal that meets the following criteria to robert@tbli.org. Proposals must be received by 21 March 2005 to be considered.

Presentation Criteria

• Presenters are eligible only if they have not presented at past three
TBLI Conferences.
• Presenters must agree to submit a final version of their presentation no later than 30 September 2005 so that session facilitators may prepare and presentations can be provided in electronic format to conference participants.
•Presentations must provide some sort of new information or educational benefit to the audience. (Presentations that come across as marketing or sales pitches will be refused.)

Proposals should include your name and contact information, the organization and/or company that you represent, and a brief description of your planned presentation.

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


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

Mainstreaming Responsible Investment
Lead Authhors: Simon Zadek, Mira Merme, and Richard Samans
Produced by the World Economic Forum (PDF Download)

The report paints a picture of rising pressure for change in the financial community, driven largely by the changing composition of corporate share ownership due to population aging and the related growth in private retirement savings.

FTSE4Good Indices - Market Consultation
Future Criteria and Index Development
Since the launch of the FTSE4Good Indices in 2004, the philosophy has been to evolve the product in line with current corporate responsibility beliefs and practices, and to extend the criteria to encourage companies to continually review and improve in these areas. In line with this, FTSE are undertaking a Market Consultation to gain input into the decision making process.


Natural Resources Forum
The NRF is a quarterly journal published by the United Nations and available through Blackwell Publishing. The journal seeks to explore innovative approaches that integrate social and political realities with economic and environmental priorities, thus providing choices among policy options available to decision-makers in developing countries.

Health Bio-Technology in Developing Nations:
Nature Biotechnology Insight Supplement

University of Toronto Joint Center for Bio-Ethics present an in depth study on health-related bio-technology in developing nations.

(PDF Downloads available for individual country reports and general information.)
Cuba, South Korea, and India make and export their own biotech vaccines, Egypt manufactures recombinant insulin, and South Africa is developing a novel vaccine for HIV/AIDS. Health biotechnology is no longer the sole preserve of high-level research institutions of North America and Europe, according to a ground-breaking three-year study by 15 researchers of health biotechnology innovation systems in seven countries: Brazil, China, Cuba, Egypt, India, South Africa and South Korea.


South Africa—Blazing a Trail for African Biotechnology
(PDF Download)

Institutional Change for Sustainable Development (2004)
Hardback, 264 pages, ISBN 1 84376 569 1, Price: USD 95.00

Tomorrow’s History: Selected Writings of Simon Zadek 1993-2003
Simon Zadek; co-edited by Peter Raynard
296 pp, Paperback, ISBN 1874719853, GBP 16.95 USD 35.00

New Sustainability Reports

HVB Group Sustainability Report 2004
HVB Group has released its 2004 Sustainability Report under the title "Sustainability moves ahead." The report provides a comprehensive insight into how the HVB Group has been moving ahead in terms of sustainability over the last two years and where the challenges for the future lie.

The Seiyu Limited 2004 Sustainability Report


Go-Ahead (FTSE 250 Transport Services Group) Environmental & Social Report

Sompo Japan Corporate Social Responsibility Report 2004

Eni SpA Corporate Responsibility Values and Practices

Ecosystem Marketplace (by the Katoomba Group)

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
Executive Director
UKSIF (London, UK)


Senior Community Affairs Specialist, Research & Analysis
Federal Reserve Bank of San Francisco (San Francisco, CA USA)

PR/Research Executive
Carbon International (London, UK)

Director, Centre for Sustainable Investment
Forum for the Future (London, UK)

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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