Leah Golob recently sat down with Joss Biggins…
Institutional money managers whose mandate includes socially responsible investment considerations are targeting the following issues in 2014. How to reconcile the risk of investing in fossil fuel companies if fully exploiting those companies? reserves results in worst case global warming. How to best mitigate or eliminate the environmental risks posed …
It is no longer news to suggest that the world stands at an energy crossroads. But the signs at this intersection can point in all manner of directions, reminding me of the scene of the Scarecrow standing by the yellow brick road and pointing the way to Oz. How does …
I was standing on a beach in Bermuda in the summer of 1976, taking a break from my on-the-job training with one of Canada’s maritime patrol air squadrons. The scene along the bay and out to the Atlantic was idyllic, the pink sand glistening at my feet. I stood rooted …
I’ve been doing a little back of the napkin calculation I’d like to share with you. My sources at the annual Bilderberg meeting, where such matters are regularly discussed, have told me I’m pretty close to the mark. The implications are sobering. Hopefully the work being done to address the …
I recently watched the 2003 documentary ‘The Corporation’ again, a film that inevitably gets me thinking about switching careers. But for now I will continue to believe that it’s better to incite change from my position inside the investment industry rather than just throwing my hands up in resignation. I …
I’m not very comfortable with the word ‘ethical’, particularly when used beside the word ‘corporation’? A corporation is a thing, in this case a legal structure, so how can it be classified as ethical or not? So an oil company, at its essence simply an owner or tenant on land …
Over the years, a fair number of my clients have rolled their eyes and slumped in their chairs when presented with so-called ‘ethical’ investment options. The institutions in Canada that market investments to the public…banks, credit unions, insurance companies, mutual funds…only a small fraction are vigorously responding to the Canadian …
Take it from someone who has focused on the subject for the last decade and then some. If you want to be a ‘socially responsible’ investor these days, there is little reason to feel enthused by what the financial industry has to offer. BP, for example, has over the years …
The ongoing disaster in the Gulf of Mexico has brought a basic principle of SRI into clear focus. Companies that ignore environmental and social risks put their financial bottom line in peril. BP’s shares are on a downwards spiral and now worth half of their pre-spill value. The lower the …
We are deeply committed to responsible wealth management and the grander adoption of similar ethical practices. At EthicInvest, we manage a 100% SRI book of business.
Anthony Edwards & Joss Biggins are securities licensed in British Columbia, Alberta, and Ontario.