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Corporate Social Responsibility
News
4.16.2007 - 11:00am ET
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CSR News from:
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Investor Environmental Health Network
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News Categories: |
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Toxic Chemical Risks to Portfolios are Focus of Video for Individual Investors, Pension Fund Fiduciaries and Investment Professionals
(CSRwire) WASHINGTON, D.C. - April 16, 2007 - A new video released today at http://video.investorenvironmentalhealthnetwork.org
provides individual investors, pension fund fiduciaries and other
investment world professionals with a 20-minute "short course" on how
toxic chemicals in products relate to investment risk and opportunity. As
the video explains, these issues will be prominent in six shareholder
meetings starting in April and unfolding throughout the 2007 proxy season,
continuing challenges begun in the 2006 proxy season by members of the
Investor Environmental Health Network (IEHN).
Entitled "Toxic Chemicals in Products: Financial Risks and Opportunities",
the video focuses on numerous companies, including Wal-Mart, SC Johnson,
DuPont, Bed Bath and Beyond, Apple, Dow Chemical, and Avalon Cosmetics.
The video features comments by leading experts and investors from three
continents, including: Vermont Treasurer Jeb Spaulding; Robert Monks, Lens
Investments; Heather Langsner, Innovest Strategic Value Advisors; Melissa
Brown, Association for Sustainable and Responsible Investment in Asia,
Julie Fox Gorte, Vice President, Calvert Funds; Raj Thamotheram, USS (the
largest UK higher education pension fund); Vesela Veleva, Citizens Funds;
Blaine Aikin, Center for Fiduciary Studies; John Warner, Director, Center
for Green Chemistry, University of Massachusetts—Lowell; and Morris
Shriftman, Vice President, Avalon Cosmetics.
Over two years in production, the video was produced by Strategic Video
(www.strategicvideo.net) for the
Investor Environmental Health Network and will be distributed to
interested investors on DVD. Contact Sanford Lewis at gnproject [at]
earthlink.net for information on obtaining and screening the DVD. The
video also can be viewed on YouTube and at the online media page at http://iehn.org. Ipod,
quicktime and windows media formatted downloads will also be available on
the IEHN website.
Rush copies of the DVD are available to news broadcasters by phoning
producer Sanford Lewis at 413 549-7333.
The new video is being released amid other new developments on corporate
management of toxic chemicals. A new report from DuPont Shareholders for
Fair Value http://www.dupontshareholdersalert.org/
warns of the company's failure to disclose continuing financial risks from
the chemical PFOA used in various consumer products. And the University of
Virginia Darden Graduate School of Business Administration is releasing a
series of 10 mini-case studies, Environment, Health and Sustainable
Business Enter the Mainstream, produced in collaboration with IEHN,
offering examples of corporate innovations producing financial benefits.
The case studies are available for free download from Darden Business
Publishing, http://store.darden.virginia.edu
The video also follows on the heels of IEHN's "Fiduciary Guide to Toxic
Chemical Risk." http://fiduciary.investorenvironmentalhealthnetwork.org
The guide provides a comprehensive set of action steps that can be taken by
investors to translate the long-term threats and opportunities associated
with toxic chemical issues into prudent portfolio stewardship.
The Investor Environmental Health Network is a collaborative partnership
of institutional investors, advised by nongovernmental organizations,
concerned about the market and health risks associated with corporate
toxics policies. It serves as an informational resource and secretariat
for investors working to reduce portfolio risk related to toxics. For more
information, visit us on the internet at http://www.iehn.org.
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