Calvert Investments, Harvard Business School publish research report on responsible investing

By Lisa Kerner

Charlotte, N.C., Sept. 16 – Calvert Investments, Inc., along with George Serafeim, Jakurski Family Associate Professor of Business Administration at Harvard Business School, issued the first research report in a new strategic partnership entitled “The Role of the Corporation in Society: Implications for Investors.”

“Through this new partnership, we aim to expand upon public and academic dialogue about corporate responsibility and provide investors with actionable insights,” Calvert chief executive officer John Streur said in a news release. “Responsible business practices and firm alignment with moral imperatives are requirements of competitiveness in today’s economic reality.”

The report offers a framework to understand how investments by companies in more responsible business practices can translate to real benefits, both for businesses and investors, according to the news release.

In addition, the authors summarize previous Calvert research that shows valuations of firms with better environmental, social and governance performance reflect higher expected growth and lower cost of capital. These firms trade at higher valuation multiples in equity markets and have lower credit default swap spreads, the release stated.

The full text of the report can be found on Calvert’s website (http://www.calvert.com/NRC/literature/documents/WP10012.pdf?utm_source=release&utm_medium=web&utm_campaign=calvert-serafeim).

Calvert is a Bethesda, Md.-based investment management company that uses sustainability as a platform to create value for investors.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.