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2018 Heartland Recap and 2019 Trends
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H
heartland@steelvalley.org
DATE:
2019-01-03 20:04:17
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<1131898189611.1107648857781.2094823414.0.491503JL.2002@scheduler.constantcontact.com>
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hbiden@rosemontseneca.com
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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ January 3, 2019 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ What We've Done, Where We're Going ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Dear H - In this issue of the Expresso, we are humbled to share our "good works" with a copy of the 2018 Heartland Impact Report. We're thankful for the support of our Governing Board, friends and sponsors who have helped drive the responsible investment movement. We hope to multiply these efforts in 2019 with a renewed fervor. Responsible investing is not a new concept in the U.S. Dating back to the 1920's, labor banks (Amalgamated [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcXIm4A_C7mbCb0NQQuX3NLm8XlYDSvIBzb0NQV7VFc_37It9I4HD3VuFYC6YmYtcoH2HfGfhhv1L1fnTG6kXcYb8auN2d7ANheAn_Pj_Dh803D6Y8JLjmSW9utpjeLlfEg==&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==]) and worker-friendly insurance programs (Ullico [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcdNNiHifUWoLsWPvkpWDrlEHkMA20wg4Ymck7sd7CJp6mYLug5v6JNd5ty9IfP578KaG9PJlhsxm0UD6Wxv_leBDLdaVDeK76gkIdmfc86GajLScMrumieQ=&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==]) were fighting to ensure human rights and financial security for existing workers and new immigrants. The 2006 launch of the UN Principles of Responsible Investment (PRI [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcU_xHF8P0qhDw6zh1umzo8W7Np4RR6p7cVlEbtt2FeKNCyD4WCvrWk56AWESYPxk5qU99yMXBngcE0Iv1XmxcFMzaPao-68cVarFkp_ClmzvOWEHe1ykuD0=&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==]), backed by unions, standardized non-financial environmental, social and governance (ESG) investment criteria for global investors, including pension funds. U.S. DOL 2015 reconfirmed that pension investments can invest responsibly, and that includes investments in the "real economy" - approaches that have empowered more positive economic development, sustainable environmental practices, and good employment/labor practices. Flashing forward to 2018, the US SIF [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcXIm4A_C7mbCbDSu48fCjrqf8JQ0y2FwjlzyXKc7GaHqc32zB9SjNkf4sAekrF5ZkSGhhjws2ENBq6SXDrzcTJSJQE81cXyCNFfItDZYH-U4tyS5_fEdQAw=&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] estimated that $12 trillion in U.S. assets were being managed using socially responsible criteria. These developments are driving investor choices around a host of issues, including climate and "just transition," diversity and the #METOO movement, human capital and income inequality, and information privacy. We're especially excited to see proposals from Senators Warren and Baldwin (and their colleagues) toward more participatory Euro governance practices that include workers sitting on corporation boards [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcRE9Ya8cix5KXIRe9PCFiDZERGIQ4jBtITPtfmKPnabETSNwEMmPtyujlpOO5QvqWdWVFYy-OitN00rNPff2HAm6RRWYPVNl4Jn0JxgrX7nwFUJsQne_EQvyqINZ0vgLJEsSC0i2WKdeRlERW6-Qm13N5BZNXna5HwpkZrMmp2qXLIXxUQOvQLt4Foeay96VJbLhdQDnRhHeAd9qSR-oGtjct0GbMduVEGwAbCC406Di5gJIs7NWeo2AHfv2IzH2BA==&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==]. We are closely watching these issues daily, and we hope to better understand in 2019 how we can make our voices heard. As responsible investing continues mainstreaming, there are several trends to watch for in 2019: * A greater demand for transparency. Companies will be called out to produce evidence of their internal practices and impact on society. * A need for trusted resources. Investors want to know they're investing positively, but where do they turn for validation and information? Whether it's Heartland, US SIF or UN-PRI, everyone will be looking for a reliable source. * ESG interest will expand. A recent article from Investopedia [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcXIm4A_C7mbCHG84u_VvSX0r8QgICKBTtm2brE6HJ2yuls_BzcTudhM4_jKdt726VdqEd7R18_KkuXmzgRdCr84eMCwPKlrZKeVixgDVNrGg2eCzF6DQdmMGyfiAga5cFw==&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] highlighting the top investing terms for 2019 notes the impact of ESG investing will continue to trend upward as Millennials and Gen Xers become the drivers behind investment decisions incorporating their values. Until the next Expresso, keep on keepin' on! Tom ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SOCIAL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Like us on Facebook [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcUxy4bFMGxw8hA8hHI8wPlXgmjBq8uASHaNF8UCoEg5kd5V4_3LYYhFg9cp_whih_ipJ0ShoG8ijSUI5poGcO7UIWnQe_4jxsmHhmB9iGtsewsKs_9ZpL2GcVOiSem9w_wPt4FZ7DPTv-vh-YZIAcsV1qnmCxKWs6dbnjXfvCsCGkZFmP3TRqsq0F31u4h46T97LIq7HYhRomEc1W04lNExCyVD7BOrmpw==&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] Follow us on Twitter [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcUxy4bFMGxw8oWSTYDWLgpIAFg_ImkwxMJeyXFHAvEVWZjuWFZzU9MYr4hhV3UjkT8kt3Hd9UY5fUMqzQJZ6leegE_vB80nXLAvvUQzF70ytGSQ7oSFTpyxDHmRBqvkbErtnGzM6djWm&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ LINKS OF INTEREST Heartland Capital Strategies [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcYVBjs3VOHzYEYqLfEfEFma_34OvclnwnvRkT0xOTaDw1u54z-8FCrejMjp9VIBEcZBCE1MHVsUG2iprKoBoX7XSjeDCAjMJyYJyNjhu3u34Ff53kNLQla5wsqS4a2IUmg==&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] Responsible Investor Handbook [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcSWUwuluYE0coWktO28IzIH-lYUeDZN5eDqCpRUMcY4hqyLmp1WYPJIpkYLCpBbhZyVVaRJRiAlncrt-x69w6Pd60hZAcF3QMVyAyuaNgpkBDbinJ63xMLeFdKhXm59op6I7L3aQ-0CiIXLfT4wXQg0pC6sJvBIPlZoQbsfqKD38&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ECOSYSTEM PARTNERS Sleigh Strategy, LLC Robert Samuel =========== Fellowship Sponsors Sponsors & Fellow Hosts Fellow Hosts ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Year in Review ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Continuing the exciting momentum from the end of 2017 led to an busy and productive 2018 for Heartland. Some highlights include: * Our webinars brought together thought leaders from the responsible investing industry including Keith Mestrich, Amalgamated Bank; David Webber, law professor and author; Sarah Ann Lewis, AFL-CIO; Brian Hale, Ullico; and more. * The Labor Capital Fellowship at Georgetown continues to successfully educate the next generation as evidenced by their glowing testimonials [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcdYG9bgXdorNt_hhkZ9OyqkwyqwhnFwU8JS-v_5njxmFlJsXe76PehBnfs483NVL1yDm4QicH1qXVKh1cDhTXl1InsnGqmmgDSThNwb6PZ0FNCM3dA9skZSf8mfKhOZEkNWaLkeZgE1ReoixmlEMaBA0y2ZpL4x384ZL_AtaqSyJhbl-Jt5hwdb6TyZoynuSMjIt1M3YHnFuetNkxsZGkQw=&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==]. * A roadshow through the Heartland with our friends from The Century Foundation. We hope you'll join us in 2019 as we continue to fight the good fight! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ US SIF 2018 Trends Report ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Heartland Capital Strategies [http://r20.rs6.net/tn.jsp?f=0010SeqlcWHT1hr754uKc0rFy-kVPouoCFw2VzRoICiYvGsakMw396YcRJn6dRYRfXTcOqhKHgjhHES2kzXawNJ-sAFkzJscLV3uGwHnYpFYAp8QzFAn0cJtmf3GBqBbJprQAbVQmfzuqHzXHYO6MgeymIxIz7Z8H5xpm17cEjT-IJEO0N6VMmV7A==&c=vf6mcjltxcNjJAcApDWEOeMetPoRBjtvEHLk97M2kD87e4Z-a9AgmQ==&ch=bCXbxuP9KoQ5cxmW4D4_FnC7BImZvkGcsMl8k6Z1e_Su3NycM6OutQ==] fosters a "Community of Practice" for responsible economic impact investments. Heartland promotes strategic responsible investments to rebuild the rebuilt environment, renew the industrial commons, grow the clean economy, and make the boss more accountable. Inspired by the United Nations Principles for Responsible Investment (PRI), Heartland Capital Strategies (HCS) promotes investments and projects essential for revitalizing our productive economy and community prosperity. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Forward this email http://ui.constantcontact.com/sa/fwtf.jsp?llr=vvriqshab&m=1107648857781&ea=$hbiden@rosemontseneca.com$&a=1131898189611 This email was sent to hbiden@rosemontseneca.com by heartland@steelvalley.org. 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