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Corporate / Healthcare


NEWS STORY: SHAREOWNER ACTION | HUMAN RIGHTS
1% to Own More than Half the Wealth by Next Year
A briefing by Oxfam reveals that lobbying on budget and tax issues in the US has contributed to enabling the richest 1% of people in the world to compile 48% of global wealth, a percentage that is likely to exceed 50% by 2016.

NEWS STORY: SHAREOWNER ACTION | SOCIAL ISSUES | PHARMACEUTICAL INDUSTRY
2014 Access to Medicine Index Published
Sustainable investors note improvements by pharmaceutical companies in areas of access and affordability but call for more rigorous codes of conduct and transparency around when patents will expire. First of a two-part series.

NEWS STORY: SUSTAINABLE INVESTMENT | ENVIRONMENTAL ISSUES
Third National Climate Assessment Published
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.

NEWS STORY: SHAREOWNER ACTION | SOCIAL ISSUES | HEALTH INSURANCE INDUSTRY
Proposal Challenges TIAA-CREF on For-Profit Health Insurance
Advocacy groups urge the pension fund to divest its holdings in private health insurance companies, arguing that the industry has a well-documented history of unethical behavior and abuses.

NEWS STORY: SOCIAL ISSUES | PHARMACEUTICAL INDUSTRY |EMERGING MARKETS
Pharmaceutical Firms are Improving Access of World's Poor to Medicine
The 2012 Access to Medicine Index finds that the pharmaceutical industry has improved its performance in delivering products to developing nations, but needs to improve lobbying transparency and oversight of clinical trials.

NEWS BRIEF: SHAREOWNER ACTION | CORPORATE GOVERNANCE | POLITICAL EXPENDITURES | PHARMACEUTICAL INDUSTRY
Investors Take on Corporate Payments to Pharmaceutical Trade Association
Four major pharmaceutical companies may be undermining their profitability by membership in and payments to an industry trade association that contributed to candidates opposed to birth control.

NEWS BRIEF: HUMAN RIGHTS | HEALTHCARE REFORM
SCOTUS Upholds Obamacare
Members of the Interfaith Center on Corporate Responsibility applaud yesterday's Supreme Court decision to uphold the Patient Protection and Affordable Care Act.

NEWS STORY: SOCIAL ISSUES | HUMAN RIGHTS | PHARMACEUTICAL INDUSTRY
ICCR Calls on Drug Companies to Join Medicines Patent Pool
On World AIDS Day, members of the Interfaith Center on Corporate Responsibility reiterate their support for providing medicine to HIV-positive people in developing countries, and call on drug companies to do their part by joining the Medicines Patent Pool.

NEWS STORY: SHAREOWNER ACTION | PHARMACEUTICAL COMPANIES
Gilead Sciences Joins the Medicines Patent Pool
Gilead becomes the first pharmaceutical company to form a licensing agreement with the Pool, and will provide its HIV and Hepatitis B drugs at low cost to developing countries.

NEWS STORY:
A Win for Generic Drugs: Indian Court Rules Against Drug Maker Novartis
In a test case for drug patents in developing nations, Novartis loses an attempt to challenge an Indian patent provision.

NEWS STORY:
ICCR Benchmarks Pharma Responses to AIDS and Diseases of Poverty in Emerging Markets
The Interfaith Center on Corporate Responsibility report assesses 15 pharmaceutical companies, and finds all of them falling short of best practice in most areas on AIDS and neglected diseases.

NEWS STORY:
Survey Shows Public Corporations Upping Green Initiatives While Smaller Companies Lag

NEWS STORY:
White House and Interfaith Center on Corporate Responsibility Address Pediatric AIDS
Bush Administration launches a new public-private partnership on Pediatric AIDS, an area where ICCR engages pharmaceutical companies in shareowner advocacy.

NEWS STORY:
In the Year of the Oil Boom, Some SRI Funds Look Elsewhere for Strong Performance in 2005
The top-performing socially responsible investing funds compared to their category peers (SRI and non-SRI alike) drew strong performance from pharma, tech, and financials.

NEWS STORY:
Pharma and Biotech Companies Just Starting to Pass the Transparency Litmus Test
oekom research rates the social and environmental sustainability performance of 27 pharmaceutical and biotechnology companies, and finds disclosure lacking across the board.

NEWS STORY:
Campaign to Enhance Pharma Industry Accountability Broadens Shareowner Action
The Interfaith Center on Corporate Responsibility sent letters to over 2,750 institutional investors seeking support for three resolutions filed at nine pharmaceutical companies.

NEWS STORY:
Two Socially Responsible Investing Funds Generate Double-Digit Year-to-Date Returns
The Ariel Fund and the Pax World Growth Fund perform well in the first half of this year.

NEWS STORY:
Vanguard Fund Generates Strong Returns by Replicating the Calvert Social Index
The Vanguard Calvert Social Index Fund outperformed more than four-fifths of its peers in the overall US mutual fund universe with similar investment styles over the past year.

NEWS STORY:
Is Molina Healthcare a Socially Responsible Investment? Don't Ask The Company
The president and chairman of Molina Healthcare leaves it up to investors to decide for themselves if the company is a socially responsible investment.

NEWS STORY:
Corporate Governance Ratings Take Different Approaches to Produce Similar Results
GovernanceMetrics International rates corporate governance in relation to other companies, while Institutional Shareholder Services rates in relation to market indexes.

NEWS STORY:
Climate Change Litigation Could Affect Companies’ Market Value
In the near future companies could face the risk of being on the receiving end of climate change lawsuits, a development that stands to impact shareowner value.

NEWS STORY:
Huh?!?: CEO Pay Goes Up in 2002 While the Stock Market Goes Down
The Corporate Library's report shows how CEO pay increased in 2002 despite the fact that the stock market declined significantly, a trend that does not sit well with investors.

NEWS STORY:
Apria Democratizes Director Elections
Apria Healthcare Group set a precedent as the first company to allow shareowners to nominate candidates for board of director elections.

NEWS STORY:
Two Environmental SRI Funds Generate Attractive Returns
In the midst of a stagnant economy, two SRI funds that invest in environmental best performers have generated year-to-date returns in the 20- to 35-percent range.

NEWS STORY:
Healthy Living Sector Produces Healthy Returns
Two SRI funds find common ground in their success from investing in the healthy living sector.

NEWS STORY:
Rebuilding Iraq: Humanitarianism Versus Opportunism
Socially responsible investing supports companies and nonprofit initiatives that advance humanitarian efforts to rebuild Iraq and avoids investment in profiteering companies.

NEWS STORY:
CalPERS Says Xerox's Corporate Governance Not Worthy of Copying
Pension fund giant names six companies that need to improve their corporate governance.

NEWS STORY:
Rio + 10 Series: UNAIDS' Accelerating Access Initiative May Decelerate Access
ACT UP Paris criticizes Accelerating Access, a joint United Nations/pharmaceutical industry initiative, for limiting price reduction on AIDS medicine in developing nations.

NEWS STORY:
Eco-Efficient Pharmaceutical Companies Have Higher Share Value
Innovest's recent report on the global pharmaceutical sector notes a correlation between strong environmental performance and better stock performance, with some exceptions.

NEWS STORY:
Business Ethics' 100 Best Corporate Citizens Outperform S&P 500
An academic study concluded that Business Ethics' list of 100 Best Corporate Citizens generated better returns than the remaining companies on the S&P 500.

NEWS STORY:
Corporate Sustainability Reporting Is Here to Stay
The Global Reporting Initiative, an organization working to make corporate performance more transparent, was formally inaugurated as an independent institution yesterday.

NEWS STORY:
Consulting Firm Promotes Online Reporting of Triple Bottom Line
SustainAbility, a British research and consultancy firm, recently released a report on how companies, their stakeholders and customers use the Internet to communicate about sustainable development.

NEWS STORY:
SBI Promotes Responsible Business Practices Alongside Profits
The Sustainable Business Institute is working to spread its vision of sustainability to business leaders and the public.

NEWS STORY:
GEMI Elevates Environmental Consciousness from the Bottom to the Top Line
The Global Environmental Management Initiative releases a new report promoting environment-friendly methods of enhancing corporate performance.

NEWS STORY:
Activists Dog Animal Research Firm and Its Investors
Animal rights proponents protesting European animal research firm Huntingdon Life Sciences have extended their ire to its major U.S. backer, Stephens, Inc.

NEWS STORY:
Greenhouse Gas Protocol Initiative Creates Global Emissions Standards
An international consortium of government agencies, NGOs, and businesses creates its own set of standards for reducing greenhouse gas emissions in advance of the Kyoto Protocol.

NEWS STORY:
EPA Program Recognizes Better Corporate Environmental Performance
Performance Track motivates and rewards businesses that exceed EPA's environmental standards.

NEWS STORY:
Companies Get Help Building Green
The U.S. Green Building Council makes it easier for companies to be more energy efficient and friendlier to the environment by helping them construct "green" buildings.

NEWS STORY:
Scandinavian Companies Work toward Sustainable Business Model
A group of large Nordic companies are participating in an unusual partnership to create their view of a future sustainable company.

BOOK REVIEW:
Book Review: The Civil Corporation
The New Economy brings increased competition, faster dissemination of information and the rise of corporate citizenship.

NEWS STORY:
EPA Partners with Businesses to Promote Green Power
Voluntary program has enlisted companies, cities, universities and others with the aim of boosting the market for renewable energy.

NEWS STORY:
Companies Cut Pollution Through E-commuting
A federal government pilot program will give participating companies pollution credits based on the emission reductions achieved by telecommuting employees.

NEWS STORY:
Benchmarking Corporate Environmental and Social Reporting
Recent survey examines the environmental and social reporting practices of the 100 largest global firms.

NEWS STORY:
Labor Standards Resolutions Garner Support in 2001 Proxy Season
Ten international labor and human rights proposals that came to vote this year received 10 percent or more support from shareowners.

NEWS STORY:
Americans Increasingly Interested in Corporate Citizenship
Survey indicates that Americans are looking for good corporate citizens, but are having difficulty finding them.

NEWS STORY:
Companies Using NAFTA to Undermine Legitimate Regulations
New report explains how the U.S., Canadian and Mexican governments' ability to regulate in the public interest is being eroded by NAFTA's Chapter 11.

NEWS STORY:
Better Corporate Governance Pays Off for Large Companies in Emerging Markets
Recent study across global emerging markets finds large companies with good corporate governance yield better bottom lines.

NEWS STORY:
Getting Boards to Address the Triple Bottom Line
New report proposes a set of principles and actions to assist corporate boards in addressing the triple bottom line of economic, social and environmental performance.

NEWS STORY:
Business Group Supports Sustainability Via the Market Economy
New report identifies seven factors companies must address in order to realize sustainable practices.

NEWS STORY:
Major UK Fund Manager to Require Environmental Reporting
Institutional investors are increasingly seeing the need for environmental disclosure.

NEWS STORY:
Environmental Groups Endorse Shareholder Resolutions
Environmental advocates ask for support for pro-environmental resolutions at a wide range of companies.

NEWS STORY:
Thirty-one Companies to Test Sustainability Reporting Guidelines
Structured feedback will help shape the next generation of Global Reporting Initiative guidelines.

NEWS STORY:
Shopping for Responsibility
Internet site is helping consumers base shopping decisions on values.

NEWS STORY:
Procter & Gamble Heads List of 100 Best Corporate Citizens
Business Ethics magazine recently published their annual rankings of the companies that best serve a diverse group of stakeholders.

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