Harvard Signs on to Responsible Investment Movement
Harvard is the first American university to be guided by a set of investment principles that factor in social and environmental investment principles - another indicator that we are at the inflection point for the adoption of social and environmentally responsible business decisions. In addition, the new initiative will ask alumni and donors to help raise $20 million for climate research.
Meanwhile, companies like Source Intelligence are offering to help companies develop programs to become socially responsible by complying with legislation in areas such as conflict minerals and materials management. In fact, Source Intelligence offers companies a comprehensive Conflict Mineral compliance platform, which expands into FCPA and chemical management for a total vendor risk management solution.
In many of these cases, such as Conflict Minerals, laws have been put in place to make sure that companies act responsibly. The Dodd-Frank Wall Street Reform and Consumer Protection Act SEC 1502, is mandated by the federal government to provide transparency into corporate practices and specifically to reduce funding for armed groups involved in human rights violations in the Democratic Republic of the Congo and surrounding countries. Therefore, public companies must quickly gain the necessary knowledge of their supply chain and learn filing policies and procedures.
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