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CSRwire Weekly News Alert -- How Green Is Your Love? Companies, Investors Make Valentine's Day Sustainable

Submitted by: CSRwire Weekly News Alert

Categories: Sustainability, Socially Responsible Investing

Posted: Feb 12, 2008 – 10:59 PM EST

 

This Valentine's Day, the Investor Summit on Climate Risk at the United Nations will act as a paramour, wooing many climate investing thought-leaders--such as venture capitalist Vinod Khosla and Goldman Sachs Chief Investment Strategist Abby Joseph Cohen--to prioritize their love for Mother Earth (and money.) Companies and investors increasingly recognize that climate solutions present prospects for profit--and the profit motive may advance environmental solutions more efficiently than anything else.

Summit attendees can rest easier sending chocolate to their sweethearts to make up for their absence, as the launch of the International Cocoa Verification Board promises to bring greater social and environmental responsibility to the West African chocolate trade. A multi-stakeholder initiative bringing together industry, government, NGOs, unions, and academics convened by the nonprofit supplier auditor Verite. The diverse board is establishing a certification process to monitor and verify that cocoa is produced in Ghana and Côte d'Ivoire sustainably and free from child labor that has plagued the sector. The initiative has drawn comments from experts both impressed with its scope and concerned about its limitations from the likes of John Tepper Marlin of CSRNYC, Rodney North of Equal Exchange, and Susan Smith of the National Confectioners Association.

Other ways lovers can celebrate V-Day sustainably and responsibly: a "Kiss Hunger Goodbye" Valentine card from Heifer International, a tax-deductible donation that provides farm animals and technical assistance to help the poor in developing countries create sustainable livelihoods. Or, how about "eco-love products" such as personal lubricants, pleasure butters, love oils and passion candles made with 100 percent natural ingredients by Good Clean Love, a woman-owned, Coop America-approved Green Company. No Valentine's Day would be complete without one of OrganicStyle.com's charitable bouquets, each supporting an important environment, health, social justice or human rights non-profit organization.

This article was written by CSRwire contributor Bill Baue.

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