S-Network Global Indexes to Host “Summer in the City” The 3rd Annual CSR Investing Summit

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Calvert Investments to Present Study on ESG ratings and CDS spreads

Summer in the City 2015 Logo

S-Network Global Indexes, the developer of the Thomson Reuters Corporate Responsibility Ratings (TRCRR), recently announced the details of its 3rd Annual “Summer in the City” CSR Investing Summit. The all-day conference offers attendees the opportunity to learn about recent trends and developments in sustainable, responsible, and impact investing. The summit, to be held on Wednesday, July 22nd at the Thomson Reuters building in Times Square, will include expert practitioners from throughout the Environmental, Social, and Governance investing landscape, including plan sponsors, endowments, consultants, academics, NGOs, the sell side, and the media. This event is free for members of the press.

The conference will feature a number of panels addressing a diverse range of topics related to CSR investing, including the value benefits of ESG, ESG ratings construction, the implementation of ESG in endowments and pensions, valuing risk in stocks and bonds using ESG ratings, and much more. Kevin Parker, CEO & Founder of Sustainable Insight Capital Management, will be the featured keynote speaker. In the afternoon a fossil fuel divestiture debate will be held in point-counterpoint format. There will also be an award presentation for the company with the top ESG rating as measured by the TRCRR.

Kim Nguyen-Taylor, Director in Credit Analysis at Calvert Investment Management, will also present a study illustrating a predictive relationship between ESG ratings and Credit Default Swap (CDS) spreads, a key determinant of bond portfolio returns. In the 10-year study, Ms. Nguyen-Taylor demonstrates the robust positive correlations between a corporation’s ESG ratings and the widening and narrowing of CDS spreads using six distinct simulations. For all six simulations, the data demonstrates that ESG analysis adds value, positively impacting performance.

Though known by other acronyms—ESG, and SRI (Socially Responsible Investing, or Sustainable, Responsible, and Impact)—CSR investing has garnered increasing attention in recent years as university endowments have moved to divest themselves of fossil fuels and as shareholders have become increasingly sensitive to the societal and environmental impact of their investments. The tenets of CSR hold that companies have a broader responsibility to society at large, and that it is in their best interests to take into account not just revenues and profits, but also environmental impact, sustainability, workplace diversity, and organizational effectiveness, among many other factors. Academic literature has made it increasingly clear that companies’ ESG policies and practices have a real and growing impact on the long-term risk and return profiles of stock and bond portfolios.

REGISTRATION LINK: http://www.csrinvestingsummit.org/index.php?page=join

About S-Network Global Indexes, Inc. S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network, founded in 1997, has specialized in indexes, indexation, and index-based products, including ETFs, since its inception. The firm has provided in-depth consulting services to some of the world’s leading financial institutions, including Deutsche Borse AG, UBS AG, State Street Bank & Trust, Deutsche Bank AG, the American Stock Exchange, Speer Leads & Kellogg, and Barclays Global Investors. Among its accomplishments, S-Network was instrumental in the structuring and development of the STOXX Index, which serves as the most widely-referenced benchmark for European and Euro zone equities. For more information please visit http://www.snetglobalindexes.com/

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Joseph LaCorte
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