{"id":29155,"date":"2020-07-31T12:09:54","date_gmt":"2020-07-31T16:09:54","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=29155"},"modified":"2020-08-31T05:43:55","modified_gmt":"2020-08-31T09:43:55","slug":"domini-impact-investments-releases-the-domini-funds-2019-impact-report","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/domini-impact-investments-releases-the-domini-funds-2019-impact-report\/","title":{"rendered":"Domini Impact Investments releases the Domini Funds 2019 Impact Report"},"content":{"rendered":"
>> Back to August 2020 Issue<\/a><\/div>\n

Domini Impact Investments LLC, a U.S. pioneer in impact investing, has published the Domini Funds 2019 Impact Report<\/a><\/strong>, which highlights the firm\u2019s achievements and explains how Domini works for its shareholders to create value for the planet and its people.<\/p>\n

Throughout 2019, the firm enhanced its Impact Investment Standards, continued to identify how its investments support the United Nations\u2019 Sustainable Development Goals, and collaborated with a wide variety of stakeholders, including companies, civil society organizations, and other investors.<\/p>\n

In addition to its focus of addressing climate change and human rights through its investment process and engagements, the report specifically highlights its efforts to help preserve forests, promote diversity at the board and executive level, and encourage pharmaceutical companies to broaden access to medicine.<\/p>\n

Domini\u2019s goals of contributing to universal human dignity and ecological sustainability are achieved by implementing three core impact-investing strategies:<\/p>\n

\u2022 Investment Standards:<\/strong> Use social and environmental standards to find better investments<\/p>\n

\u2022 Community Investing:<\/strong> Invest to help build healthy communities<\/p>\n

\u2022 Engagement:<\/strong> Use our voice as investors to improve corporate behavior<\/p>\n

Key Impact Highlights include:<\/p>\n

\"ForInvestment Standards<\/h2>\n

\u2022 Launched an initiative to address the systemic risks of deforestation<\/a><\/strong> and how to work to protect the value that forests provide.<\/p>\n

\u2022 Formalized an exclusionary screen on for-profit prison and immigration detention center operators<\/a><\/strong>.<\/p>\n

\u2022 Refined and enhanced key performance indicators (KPIs) <\/strong>for the Materials, Retailing, Media & Entertainment, and Telecommunication Services industries to ensure investment evaluations remain focused on the most meaningful and relevant sustainability challenges and opportunities.<\/p>\n

\u2022 Integrated forest-related key performance indicators<\/strong> to capture risks and opportunities across 24 sub-industries.<\/p>\n

\u2022 Maintained a lower carbon footprint<\/strong>. The Domini Impact Equity Fund and Domini Impact International Equity Fund are 65% and 29% less carbon intensive, respectively, than their public benchmarks.<\/p>\n

Community Investing<\/h2>\n

\u2022 Continued to direct capital to investments that communities depend on<\/strong>, such as access to affordable and quality housing, health care, education, and more.<\/p>\n

\u2022 Highlighted how Domini supports the United Nations Sustainable Development Goals through community investing<\/a><\/strong>, including nearly $10 million invested in green and sustainability bonds and over $500,000 invested with Community Development Financial Institutions.<\/p>\n

Engagement<\/h2>\n

\u2022 Engaged a total of 511 (300 U.S., 211 non-U.S.) companies with over 680 contacts<\/strong> through our various collaborations and partnerships, addressing topics such as forests, diversity, climate change, human rights, access to medicine and public health, and weapons and firearms.<\/p>\n

\u2022 Filed six shareholder proposals <\/strong>with companies on topics related to access to medicine and executive compensation plans, establishing a human rights committee on the board of directors, lobbying disclosures, and publishing a sustainability report. The firm successfully withdrew five of our proposals<\/strong> after reaching agreements with the companies, further demonstrating the importance of the shareholder proposal process in addressing environmental, social and governance change at companies.<\/p>\n

<\/p>\n