SustainabilityHQ.com Weekly Highlights December 13 ,2012

Dec 14, 2012 11:00 AM ET

December 14, 2012 /3BL Media/ - Top Story of the Week

Fed Ties Rates to Joblessness, With Target of 6.5%      
(Thursday - December 13, 2012) 
Source: NY Times— The Federal Reserve made it plain on Wednesday that job creation had become its primary focus, announcing that it planned to continue suppressing interest rates so long as the unemployment rate remained above 6.5...

ESG / Sustainability

Over 80% of Manufacturers Call Sustainability Key      
(Thursday - December 13, 2012) 
Source: Environmental Leader - More than 80 percent of manufacturers say sustainability is essential to the success of their business, according to an Underwriters Laboratories report.

Boardroom Diversity Is Good Corporate Governance      
(Wednesday - December 12, 2012) 
Source: American Banker - In her article "How to Get More Women in Banks' Senior Ranks," American Banker's Editor at Large Barbara Rehm concludes that one of the fundamental reasons why we don't see more women in "banking's inner circles" is because they...

The Companies With the Best CSR Reputations      
(Tuesday - December 11, 2012) 
Source: Forbes - In today's reputation economy, what you stand for as a corporation often matters more than what you produce or sell. Hard to believe? This was confirmed in June when Reputation Institute, a private global consulting firm based in...

Commentary

Is CSR Dead? Or Just Mismanaged?       
(Wednesday - December 12, 2012) 
Source: Forbes - Companies spend millions of dollars every year on Corporate Social Responsibility. They invest in programs to support local communities. They give away products to support people in need. They invest in clean technology to lower...

Sovereign Wealth Funds

NZ Super drops firms over Israel-Palestine positions       
(Thursday - December 13, 2012) Associated Profiles : New Zealand Superannuation Fund 
Source: opalesque.com - New Zealand Superannuation Fund has excluded three companies from its US$17 billion portfolio for their roles in the Israel-Palestine conflict. The sovereign wealth fund passively held shares of Africa Israel...

BRIEF-Dutch fund settles with JPMorgan over mortgage pools      
(Wednesday - December 12, 2012) Associated Profiles :Stichting Pensioenfonds ABP 
Source: Inside Fidelity - – Stichting  Pensioen fonds ABP: * says reached agreement with JPMorgan Chase (Symbol : JPM) to settle claims for mortgage-backed securities * does not give details of...

China makes biggest acquisition of U.S company yet, as AIG sells 90 per cent to superpower       
(Monday - December 10, 2012) Associated Profiles : China Investment Corporation 
Source:  Daily Mail - This deal is significantly larger than the $3 billion purchase of a stake in Blackstone Group by China Investment Corporation in 2007. U.S. regulatory approval is needed. AIG said the agreement had been...

US Pension Funds

Texas Pension Manager Paid $1 Million Trails Peers Who Make Less     
(Thursday - December 13, 2012) Associated Profiles :Pennsylvania State Employees Retirement System 
Source:  Bloomberg - By comparison, the three highest-performing funds over the past 10 years, the Pennsylvania School Employees Retirement System, Ohio Police, Fire Pension Fund and Pennsylvania State Employees Retirement System,...

Pension funds pare hedge bets       
(Wednesday - December 12, 2012) Associated Profiles : New York State Common Retirement Fund 
Source:  New York Post - The New York State Common Retirement Fund, which had invested $252.3 million in Diamondback as of March 31, has also pulled its money from the fund.

This is just a sample of some of the articles from this weeks SustainabilityHQ Highlights.  You can view the full Highlights by using the following links.  Sustainability | ESG, Highlights for the Week of December 13, 2012