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Corporate Social Responsibility
News
6.16.2008 - 01:34pm ET
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Social(k) President Addresses SRI Retirement Investing at UBS-U.S. Green Building Council Colorado Meeting in Denver June 18
(CSRwire) DENVER, CO,. - June 16, 2008 -
What: Rob Thomas, president of Social(k)
(www.SocialK.com) ,
will address socially responsible retirement investing at a lunchtime
forum for the U.S. Green Building Council Colorado Chapter’s "100
Friends of Colorado" corporate partners. The event is co-hosted by UBS
Financial Services. Members of the media are invited, but an RSVP is
requested (see below).
Other panelists are: Bill Hairgrove, Regional Vice President, Calvert;
Jason Inglis, Senior Vice President at DWS-Scudder; Joshua Landess,
Co-Creator of the WilderHill Clean Energy Index; Gary Rozier, Vice
President, Ariel Investments. The moderator is David Siebert, Account Vice
President, UBS Financial Services.
Later that afternoon, Thomas will address both socially responsible
retirement investing and changes to 403(b)(1) retirement plan regulations
at a Social(k)-hosted gathering with representatives from many of the 27
organizations housed in The Alliance Center’s LEED-certified office.
Following the presentations, Thomas will attend the LOHAS (Lifestyles of
Health and Sustainability) conference in Boulder, CO June 18-21, 2008.
When: Wednesday, June 18, 2008 from 11 a.m. to 1 p.m.
Where: The Wynkoop Brewery, 1634 18th Street, Denver, CO 80202.
Tel: 303-297-2700. The Alliance Center is at 1536 Wynkoop Street, Denver,
CO 80802
Contact: Sandra Marquardt, On the Mark PR, 301-592-0077. Members
of the media - please RSVP to Deb Kleinman, Executive Director, U.S. Green
Building Council Colorado Chapter, (303) 454-3391 or deb@usgbccolorado.org.
Background: Social(k) (www.socialk.com) is the nation's most
diverse socially responsible retirement platform, offering more than 150
screened socially responsible funds and over 2000 traditional funds to
choose from. The number of clients on the Social(k) platform grew 186
percent in 2007 alone. Clients include the Organic Trade Association,
Honest Tea, New Resource Bank, Winslow Management Company, and Parnassus
Investments.
By December 31, 2008, organizations (including schools) nationwide need to
revise their 403(b)(1) retirement plans to add additional administrative
duties. Less than one-third (32%) of employees have access to socially
responsible funds as part of their retirement plans although more than
two-thirds (68%) of employees say they would invest in such funds if they
were available. Social(k) offers a paperless alternative that enables
employees to profit with principle.
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