ESG News
Michael Ellis
May 3, 2019

The Creeping Capitalist Takeover of Higher Education

The privatization of academic programs leads to an increase in profits, and an increase in inequality among those who can attend college. Online colleges, if not for their high prices, could have lessened inequality within the higher education system.

Michael Ellis
April 29, 2019

The New Age of Corporate Scandals

Is corporate America more ‘scandal-prone’ than Europe? An interesting piece by the Economist suggests this is the case, and thus far the ‘financial cost’ to the companies involved has been limited. “The total market value of American firms involved in big incidents that have become public since 2016 is $1.54trn. At least 200m consumers have

Michael Ellis
April 15, 2019

Big Buildings Hurt the Climate. New York City Hopes to Change That

According to a recent report, New York City’s buildings are responsible for two thirds of the city’s greenhouse gas emissions. In pursuit of the goal to reduce emissions by 40% by 2030, the City Council is attempting to pass legislation placing an emissions cap on many large buildings, including the Empire State Building.

Michael Ellis
March 9, 2019

European Commission to Require Sustainable Investment Disclosure

The European Parliament and European Union countries agreed in March on sustainable investment disclosure rules for institutional investors, which will require money managers to integrate environmental, social and governance factors into their investment decisions and disclose how they are doing so.

Michael Ellis
February 28, 2019

Lessons From the Collapse at GE

The importance of underwriting carbon risk – especially in companies that might not seem to have obvious exposure.