Affirmative Impact June 2020

on Jul 17, 2020 12:30:00 PM By | George Gay | 0 Comments | Affirmative Impact
Sustainable and Impact Investing in the New World By George R. Gay |  Download the PDF Many pundits discuss the “New Normal” that will arise when the pandemic ends and the economy recovers. For many in the U.S. and for most in the developing world, the “Old Normal” was not that great. The “Next Normal” will need to provide more equitable and more sustainable living conditions for a much larger portion of the population. As I near the end of my 33rd year at First Affirmative Financial Network, I reflect on what I have experienced in, and hopefully have learned from, the financial marketplace. The “Crash of 1987.” The “Asian Contagion.” September 11, 2001. The “Dot-Com Bubble and Burst.” “The Great Recession.” “The Flash Crash.” Except for 9-11, these market experiences were all the result of government, economic, or market decisions or conditions, frequently combined with some type of “financial engineering.”
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Affirmative Impact April 2020

on May 13, 2020 10:15:00 AM By | Holly Testa | 0 Comments | Affirmative Impact
Shareholder Engagement in the Midst of COVID-19 By Holly Testa  |  Download the PDF The traumatic impacts of the ongoing COVID- 19 outbreak are necessarily focusing attention to immediate concerns at the expense of just about everything else. Some thoughts on the challenges and opportunities we see as we navigate the changing day-to-day landscape:  Our Work Continues The COVID-19 crisis will do much to shape our agenda going forward, but we continue to focus on long-term systemic issues even as we re-focus our short-term strategy. We had already filed 11 shareholder proposals on behalf of clients for the 2020 proxy season prior to the onset of COVID-19, taking leadership on two resolutions.
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Affirmative Impact October 2019

on Nov 1, 2019 10:15:00 AM By | Holly Testa | 0 Comments | Affirmative Impact
Gun Violence: Are We Moving Beyond Thoughts and Prayers? By Holly Testa  |  Download the PDF Recent events give us hope that the answer is yes, even in the face of an unresponsive Senate. In the last few months we have seen significant developments: In the absence of viable federal legislation, state lawmakers have been taking action, with numerous states enacting new gun laws that strengthen background checks, increase age requirements and restrict magazine size and accessories that enhance rapid firing capability. New Jersey Governor Philip Murphy asked banks doing business in the state to disclose relationships with gun manufacturers and sellers. The U.S. House passed a bill that represents the first substantive attempt to enhance federal firearms regulation since 1994. Walmart terminated hand gun and short barrel rifle ammunition sales after a mass shooting killing 20 in one of their own stores. CEO Doug McMillon publicly asked for public policy action. 145 CEOs signed a letter asking the Senate to pass legislation mandating background checks for all firearms sales and to enact a strong red flag law.
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Affirmative Impact June 2019

on Jul 25, 2019 10:15:00 AM By | Holly Testa | 0 Comments | Affirmative Impact
Finally: Significant Progress on Board Diversity By Holly Testa Download the PDF First Affirmative has seen frustratingly slow, but nevertheless steady progress when it comes to board diversity. Of note this proxy season were our successful withdrawals of board diversity proposals at Masimo and Cambrex after both companies took steps to revise nominating committee guidelines and improve their search process to enhance board diversity.
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Affirmative Impact March 2019

on Apr 25, 2019 10:15:00 AM By | First Affirmative | 0 Comments | Affirmative Impact
Government Shutdown Impacts 2019 Proxy Season By Holly Testa Download the PDF The start of this year’s shareholder proposal season was shrouded in uncertainty, as the government shutdown late last year included the Securities and Exchange Commission (SEC) that is responsible for oversight of the process. Companies have the option of filing no action requests with the SEC that, if granted, allow them to omit certain proposals that the SEC deems deficient in accordance with current rules. Shareholders have the option to defend their proposals. The SEC is back in action, but the back log of no action requests is substantial, according to a recent preview, with about three –quarters of over 50 no action requests filed still yet to be decided as of April 1.
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Affirmative Impact October 2018

on Oct 23, 2018 10:15:00 AM By | First Affirmative | 0 Comments | Affirmative Impact
The UN Sustainable Development Goals: Targets for Positive Impact By James Griffitts Download the PDF On September 25th, 2015, all 193 member states of the United Nations adopted a set of 17 goals aiming to “end poverty, protect the planet and ensure prosperity for all as part of a new sustainable development agenda,” to be met by 2030. Building on the successes and aspirations of the Millennium Development Goals (MDGs) laid down in 2000, the UN Sustainable Development Goals (SDGs) aim to surpass them through a more comprehensive set of goals and a concerted effort to include all stakeholders in the solutions: The MDGs were aimed primarily at governments, whereas the SDGs are a call to action for international institutions, governments, individuals, and public and private organizations at every level.
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Affirmative Impact Q3 2018

on Jul 1, 2018 3:00:00 PM By | First Affirmative | 0 Comments | Affirmative Impact
Can 43 Shares Make a Difference? YES! By Holly Testa Download the PDF The issue: The retail sale of products containing methylene chloride and N-Methyl-2-pyrrolidone (NMP). Commonly found in paint strippers, these chemicals have been linked to dozens of deaths by asphyxiation and heart attack, and are suspected carcinogens. In spite of the serious hazards presented, these chemicals are still widely available at many retailers, including Lowe’s. The Environmental Protection Agency (EPA) proposed a ban of these two chemicals from retail shelves in January 2017, but implementation has been delayed. The non-profit partner: Mind the Store, a campaign of Safer Chemicals, Healthy Families.
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Affirmative Impact Q2 2018

on Apr 1, 2018 11:15:00 AM By | First Affirmative | 0 Comments | Affirmative Impact
Affirmative Impact - Spring 2018
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Affirmative Impact Q1 2018

on Jan 1, 2018 11:15:00 AM By | First Affirmative | 0 Comments | Affirmative Impact
Affirmative Impact – Winter 2018
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Affirmative Impact Q3 2017

on Oct 1, 2017 10:30:00 AM By | First Affirmative | 0 Comments | Affirmative Impact
Affirmative Impact - Fall 2017
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