Eurosif Update
July 2007
Forestry & Paper and Real Estate Sector Reports released
These are the sixth and seventh such notes in Eurosif’s series of publications aimed at raising awareness among a wide European audience on the nature and understanding of social and environmental issues, as well as related business opportunities potentially affecting long-term returns and productivity within these sectors.
Eurosif responds to SEC Review of shareholder resolution process in the US
Eurosif addressed a letter to Christopher Cox, the Chairman of the Securities and Exchange Commission, regarding rule 14a-8 governing the shareholder resolution process. The SEC is considering changes to the rule that would harm the right of investors to file non-binding resolution. Eurosif expressed concern that any proposed changes would have negative effects on shareholder advocacy and urged the SEC not to weaken shareholders’ rights to file resolutions by crafting any amendment that would make it substantially more difficult for investors to sponsor reasonable resolutions.
For more information please contact Marion de Marcillac.
Eurosif publications cited in Financial Times article on SRI
The Eurosif EU SRI study, and the joint Eurosif / Bellagio toolkit for foundations and charity trustees were cited as references in a recent FT article entitled “Socially Responsible investment: Practising what they preach”.
Read the article on the FT web site
Eurosif / OECD Watch project
Following the OECD event in June where Eurosif was invited to provide a viewpoint from the fiduciary community and their role in promoting and implementing the OECD Guidelines for Multinational Enterprises, the recent initiative by OECD Watch and Eurosif was noted with interest. The OECD Watch/Eurosif project is developing a series of fact sheets to help investors and social responsible investment agencies better understand the scope of the OECD Guidelines. The summary of the June event will be included in the 2007 Annual Report on the OECD Guidelines for Multinational Enterprises.
Eurosif speeches
Eurosif discusses Sustainability for Venture Capital market in Italy
On June 21st, the Italian Social Investment Forum kindly hosted an event focused on sustainability integration within venture capital. Eurosif spoke to an invite-only group of leading Italian venture capitalists.
For more information please contact the head of the Italian SIF, Davide Dal Maso.
Eurosif participates in Innovative and Responsible Leadership Day at French business school, INSEAD
On June 22nd Eurosif was invited to participate in a group of European business leaders to discuss the growth of sustainability issues and how they could be better incorporated into innovative business practices. For more information please contact Sarah Clawson.
Eurosif attends Tällberg Forum and New Leader Programme
Eurosif was invited to attend the Tallberg Forum where the topic discussed was ‘How on Earth can We Live Together?’. Among the 400 participants were Margot Wallström, Vice-President of the European Commission, Queen Rania of Jordan, US government officials, and many others.
Upcoming Eurosif speeches & events
Global Pensions & SRI Round Table
4 September, London, UK
Family office leadership summit
12-13 September, London, UK
Ethos Day: celebrating 10 years
21 September, Berne, Switzerland
IR Magazine Continental Europe Conference and Awards 2007
11 October, Paris, France
European Alternative & Institutional Investing Summit
20-24 October, Monaco
Horizon 2020 and the Private Investors’ Involvement
22-23 October, Athens, Greece
2007 BSR Conference
24–26 October, San Francisco, CA
The Clear Profit 2007 Conference
1 November, London, UK
TBLI Europe Conference (Triple Bottom Line Investing)
15 – 16 November, Paris, France
