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Calvert Invests in Local Sustainable Business Network

Submitted by: Calvert

Categories: Socially Responsible Investing, Finance

Posted: Mar 09, 2007 – 11:09 AM EST


First sustaining member of Washington DC Sustainable Business Network


WASHINGTON--(BUSINESS WIRE)--March 9, 2007--Sustainable Business Network of Washington (SB NOW) announced today that Calvert has joined and become the first sustaining member of the Sustainable Business Network of Washington (SB NOW), a non-profit group with over 65 members that brings together community leaders from business, academia, government and the not-for-profit community to advance and advocate socially responsible business.

"The Sustainable Business Network of Washington is helping to build a better National Capital region by bringing together opinion leaders and successful entrepreneurs who have combined their desire to do well with the need to build a better world," said Kathy Torrence, Vice President, Corporate Social Responsibility and Community Partnerships of Calvert. "SB NOW helps support the development and maturation of sustainable businesses.

It also helps to bridge the gaps between business, government and not-for-profits by focusing on shared values and creating win-win scenarios, in order to help make the region a better place to live and work."

"More and more people are recognizing that there is no one solution; rather working together we can drive the changes that we want and need as a society, especially here in the 'capital of capitalism'," said SB NOW Executive Director Michael Mielke. "We are pleased that Calvert, which offers one of the largest families of socially and environmentally responsible mutual funds, has made this commitment to invest in our growing organization."

About Calvert

Calvert is one of the nation's largest socially responsible mutual fund firms with over $14 billion in assets under management. Calvert offers forty funds that allow individual and institutional investors to pursue a broad range of investment objectives within a single fund family. Calvert launched the Calvert Social Index(R), a benchmark for measuring the performance of large, U.S.-based socially responsible companies. In addition to its equity funds, Calvert has an extensive lineup of tax-free and taxable fixed income investments. For more information on Calvert, click on www.calvert.com.

About SB NOW

SB NOW, formerly DCSBN (Washington DC Sustainable Business Network) actively engages with and supports local companies in order to foster business leadership in promoting a more socially, environmentally, and financially sustainable local economy. SB NOW offers information, education, networking, marketing, and promotion opportunities for businesses, non-profits, business associations, and other community groups to help build tomorrow's more sustainable businesses and communities. For more information go to www.sbnow.org.


Copyright Business Wire 2007

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