Investing in nature to address climate change, support biodiversity, and protect ocean health—and more—is expected to reach record levels this year in response to more regulation and market demand, according to Cambridge Associates, a global investment firm. Still, the amount of private capital invested to support natural systems will fall far short of what’s needed,
Do well by doing good? Don’t count on it. Funds that invest using environmental, social, and governance, or ESG, criteria underperformed for a second consecutive year. According to data from Morningstar Direct, sustainable U.S. equity funds were up an average 21.6%, including dividends, through Dec. 31, trailing the S&P 500 total returns index by about
Walt Disney is caught in a contentious battle with multiple activist investors. Shareholders should come out ahead no matter who the winner is. Right now, there are no fewer than four activists taking aim at the House of Mouse. That should come as no surprise given that Disney stock has lost more than half its
WASHINGTON (DC News Now) — D.C. Mayor Muriel Bowser averted a legal confrontation with City Council by reluctantly agreeing to additional food assistance funds as part of the District’s Supplemental Nutrition Assistance Program (SNAP) benefits program. Bowser said she was reserved about the funding increase for the SNAP program given serious budgetary and spending concerns
FAIRFAX COUNTY, Va. (DC News Now) — The Fairfax County Public Library surpassed 3.3 million digital loans this year, an achievement that the county described as a “major milestone.” Digital loans include checking out eBooks, eAudiobooks and eMagazines on the library’s online digital catalog provider. The library system also released the top five for different