AHC Group Newsletter Archive
Issue: February 2006
Answering Public Expectations Since 1981
Greening Finance:
Why Wall Street Needs the White House
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A timely article by Bruce Piasecki and Peter Asmus on the need for government to step in and "level the environmental playing field" to help companies better manage their social response strategies. |
Excerpt from an article published February 2006 in GreenBiz
Goldman Sachs became the first global investment bank to adopt a comprehensive environmental policy that acknowledges the value of "ecosystem services" this December. This firm is just one among many financial institutions pushing brave new forms of corporate social responsibility in response to global climate change. JP Morgan, for example, is already evaluating the impact of carbon risks on its loans to industries that are big polluters.
With this ground-breaking initiative, nonetheless, Goldman Sachs is explicitly acknowledging the fact that we cannot achieve climate stabilization without government regulations to complement individual corporate actions. Today, virtually any company that voluntarily undertakes a transition to renewable energy and other non-carbon energy sources may put themselves at a competitive disadvantage within its industry. A number of oil and auto executives have said privately that they can make the transition to clean energy, but they need government to regulate them so they can make the change in lockstep with no loss of market share. Others are willing to move forward, sensing opportunity in being greener first.
SAVE THE DATE!
AHC Group 16th Annual Corporate Affiliates Workshop Series
REGISTER TODAY!
June 21-22, 2006 — Saratoga Springs, New York
Our keynote speaker at this event will be Patricia Aburdene, bestselling author of Megatrends 2010.
Other scheduled speakers include:
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George Dallas
Managing Director & Global Practice Leader, Governance Services
Standard and Poor's -
Sarah Forrest
Head of ESG Research
Goldman Sachs -
Tom Chappell
CEO & Founder
Tom's of Maine -
Steve Wolff
President of Power Production
Dayton Power & Light -
Mel Jones
CEO and Co-Founder
Sterling Planet
CLICK HERE FOR MORE DETAILS »
March Promotion
Risk, Value & Trends Report
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Insights on Trends in Capital Markets and the Investment Community
In today's volatile risk climate there has been a rapid evolution in investment, regulatory, and stakeholder expectations. Understanding and managing these expectations are key to the long-term fiduciary health of an organization.
Over the past few years, the AHC Group has facilitated a number of private workshops on behalf of its Corporate Affiliate members — from HP, Merck, and ConocoPhillips to over a dozen of the leading utilities in the world — on the topic of "Trends, Values, and Risk."
Our common theme throughout these workshops has been to update member companies on developments in capital markets and the investment community regarding how best to capture the value of your firm's energy, environmental, and corporate social responsibility (CSR) programs and efforts.
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Based on the facts that have emerged from these workshops, as well as ongoing research in the field, three of the AHC Group's principal consultants (founder and CEO Bruce Piasecki, along with Senior Associates Dennis Minano and Alan Banks) have compiled a 65-page executive summary entitled Risk, Value & Trends to spotlight their findings.
What is truly unique about this report is that it bridges the usual gap between your financial and investment people and those running your energy, environmental, and corporate responsibility functions.
This document will help your company understand the criteria and concerns of the more than 80 key groups shaping how your firm is perceived by capital markets and the investment community.
SPECIAL OFFER
This item is currently on sale for $795 (a cost savings of over $700). All customers are eligible for this discount.