Ethical investment — returns on good behavior?
The launch of the Global Compact 100 Index, which selects its line-up according to financial performance as well as sustainability credentials, pits purists against pragmatists

Article Highlights

  • The launch of the Global Compact 100 Index pits purists against pragmatists.

    Tweet This

  • The GC 100 tracks the stock market performance of a representative group of Global Compact companies.

    Tweet This

  • The GC 100 offers new developments in a field hungry for innovation and dogged by ideological correctness.

    Tweet This

There is a new kid on the block in environment, social and governance investment, and it’s one that has some answers for those who remain sceptical about “social investing”. The Global Compact 100 index offers welcome new developments in a field hungry for innovation and dogged by ideological correctness.

The GC 100 tracks the stock market performance of a representative group of Global Compact companies selected not only on their adherence to the Global Compact’s 10 principles covering human rights, labour, environmental and anti-corruption standards, but also on evidence of leadership commitment and consistent profitability.

“While many other sustainability screens focus primarily on the environment and social dimensions, we’re a little different,” says Gavin Power, deputy director of the United Nations Global Compact, which launched the index in September. The measure of pre-tax profitability included in the new index is a factor often overlooked by competing sustainability screens.

“We’ve established a baseline...

To continue reading this article, please visit www.EthicalCorp.com and login or subscribe.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Jon
Entine

What's new on AEI

Expanding opportunity in America
image Moving beyond fear: Addressing the threat of the Islamic state in Iraq and Syria
image Foreign policy is not a 'CSI' episode
image The Air Force’s vital role
AEI on Facebook
Events Calendar
  • 21
    MON
  • 22
    TUE
  • 23
    WED
  • 24
    THU
  • 25
    FRI
Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Event Registration is Closed
Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

Event Registration is Closed
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.