Media relations can play an important role in a strategic communications programs. Whether we’re working with our clients to introduce a new product or initiative or helping to establish them as thought leaders within their industry, establishing a dialogue with reporters and earning the right type of coverage is one element that we know helps support our clients’ business goals.
To give you an idea of how our work translates into press exposure, below are some highlights from our clients over the past few months:
True ESG integration and analysis can identify those companies and other investments poised to achieve meaningful financial performance. Indeed, if ESG considerations do not correlate with improved financial performance, widespread adoption of ESG as a sound investment discipline will fail.
ESG analysis should not be easy. It is a discipline rooted in the fact that making an investment decision is about more than analyzing numbers – it is about understanding how non-financial factors hinder or complement company performance.
As more investors look to align their portfolios with environmental and social good, ESG data is being characterized as an indispensable tool for achieving SRI. But by relying solely on ESG data, investors are essentially just “checking the box.” This approach uses ESG as an exclusionary tool more closely associated with the concept of avoiding or divesting from “sin” industries.
Private Wealth: A Market-Rate Solar Investment That Measures Impact
Sunwealth is a Boston-based clean energy investment firm that aims to provide investors both market-rate returns and a concrete measure of their impact. The firm’s model works by pooling a variety of commercial solar projects—installations on retail space, office buildings, schools, firehouses, churches, etc—all of which it develops, underwrites and manages.
“We want to transition these folks from making an impact investment to being impact investors,” Dings says. “The goal is that if we serve them well, they reinvest the principal we return to them” for impact.
Bloomberg Sustainable Finance Brief: Sustainable Development Goals Could Be ESG Investing 2.0, Says Schueth
The global economy needs to mobilize $5 trillion to $7 trillion a year until 2030 in order to meet the United Nations 17 sustainable development goals, according to the United Nations Conference on Trade and Development. That's one reason the goals, which range from zero hunger to clean energy and gender equality, have gained a rapid following among socially responsible investors according to Steve Schueth, president of First Affirmative Financial Network, a $1.1 billion independent financial adviser specializing in sustainable investing.
Wharton’s Business Radio: Steve Schueth on Dollars and Change
Steve Schueth, Director of SRI Conference and President of First Financial Affirmative Network, joins hosts Sandi Hunt and Nick Ashburn to discuss the upcoming Sustainable, Responsible, Impact (SRI) Conference on Dollars and Change.
“The business case for SRI investing is locked tight,” says Schueth, who also is president of First Affirmative Financial Network, a financial services firm in Colorado Springs, Colo., that specializes in SRI investing.
The demand for SRI investments and environmental, social and governance (ESG) products has increased by 135 percent since 2012 among institutional and individual investors alike, according to The Forum for Sustainable and Responsible Investment (US SIF). Studies have also shown investors do not have to sacrifice returns to invest responsibly.
Accounting Today: AAFCPAs' 'Women's Opportunity Network' gives female leaders a pathway
Among the diversity gaps in the accounting profession, female representation at the leadership level looms large. Women's track to seniority can be more difficult, with factors such as family lives and educational opportunities as potential roadblocks. But Massachusetts firm Alexander Aronson Finning CPAs, or AAFCPAs, has decided to take these leadership matters in their own hands.
According to McCall, firms interested in developing similar programs would absolutely need to measure their progress and keep their efforts consistent. “I believe other firms should develop a solid, and documented game plan that includes a strategy for broadening the diversity of their talent pool," she said.
Accounting Today: Diversity in accounting has a long way to go
Gender is another side of the diversity and inclusion coin, with female leadership always looking for more representation in accounting. Carla McCall, co-managing partner at Massachusetts accounting firm AAFCPAs, is the creator of the firm’s Women’s Opportunity Network — an initiative to grow and maintain female leadership in and out of the firm.
“It is important for leadership to initiate and maintain a dialogue within the ranks of the firm in order to change the way team members think (both male and female) from the top down,” she [Carla] explained. “Firms must foster a culture that helps women prepare for, and stay ahead of, emerging work/life conflicts.