Acton Institute Powerblog Archives

Post Tagged 'socially-responsible investing'

Is Putin’s Russia Funding the Religious Left’s War on Fossil Fuels?

For all of their wailing and gnashing of teeth about transparency, some in the American progressive movement certainly turn a blind eye toward the funding of their own pet causes. Last week, The Washington Free Beacon’s Lachlan Markay reported that millions of dollars from unknown sources have been passed through a company in Bermuda and transferred to American nonprofits who oppose hydraulic fracturing and, it seems, any industry involved with fossil fuels. Continue Reading...

Trillium’s Unholy McKibben Alliance

It’s been a long, cold winter. Not to mention expensive due to heating bills depleting bank balances for those fortunately possessing enough scratch to pay their utilities. For others forced to wear sweaters around the clock and sleep with three dogs to stay warm while keeping the thermostat tuned just above freezing to save money, it may take months before reaching a zero balance on the monthly propane/gas/natural gas/electricity statement. Continue Reading...

‘Dark Money’ – A Shaggy Dog Story

“Dark money” sounds menacing and foreboding – a financial nomenclature suggestive of gothic masterpieces like “The Raven” and “The Black Cat.” Whereas Poe’s tales actually contain sinister elements, the phrase dark money is employed by activist shareholders much like the villains of countless “Scooby Doo” cartoons devised illusory ghosts, werewolves and vampires. Continue Reading...

Annual Meeting ‘Godflies’ at Cross Purposes with Investors

“Shareholders’ boardroom clout increases” touts the website at the Interfaith Council on Corporate Responsibility The linked article takes readers to an August 20 essay by Sara Murphy at The Motley Fool in which the author asserts: “New research out today from the Sustainable Investments Institute, or Si2, shows that investors are filing more environmentally and socially themed shareholder resolutions now than ever before, and those resolutions are getting more support during proxy voting than they ever have.” Not so fast, Ms. Continue Reading...

Gain by Honest Industry

Daren Fonda at Smart Money has a great primer on faith-based mutual funds, “Faith & Finance: A Boom in Religious Funds.” These kinds of funds can be understood as a slice of the broader sector of “socially responsible investing.” As Gregory R. Continue Reading...