{"id":28089,"date":"2017-04-10T09:14:27","date_gmt":"2017-04-10T13:14:27","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=28089"},"modified":"2017-04-26T12:05:33","modified_gmt":"2017-04-26T16:05:33","slug":"fiu-college-of-business-joins-inter-american-development-bank-to-launch-the-first-regional-corporate-sustainability-index","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2017\/04\/fiu-college-of-business-joins-inter-american-development-bank-to-launch-the-first-regional-corporate-sustainability-index\/","title":{"rendered":"FIU College of Business joins Inter-American Development Bank to launch the first regional corporate sustainability index."},"content":{"rendered":"

\"FIU<\/p>\n

Today, the ability to\u00a0advance sustainable development is an integral part of many businesses\u2019 corporate missions, as well as addressing the social, environment, and financial impacts of their enterprises.<\/p>\n

The Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) this week launched the Corporate Sustainability Index (IndexAmericas), designed to help gauge corporate sustainability efforts in Latin America and the Caribbean, with FIU\u2019s College of Business serving as IndexAmerica\u2019s academic partner.<\/p>\n

The College of Business will do research and education around the index. College of Business faculty, and its Capital Markets Lab, will put together regional workshops and forums designed to help companies improve their corporate sustainability performance based on the index.<\/p>\n

\"From
From left to right: Maria Julia Diaz Ardaya, Manager CSR and Sustainability, Grupo Clarin; James M Scriven, Chief Executive Officer, Inter-American Investment Corporation (IIC); Luis Alberto Moreno, President, Inter-American Development Bank (IDB); Jorge Rendo, President, Grupo Clar\u00edn and Jos\u00e9 Aldrich, Acting Dean, FIU College of Business.<\/figcaption><\/figure>\n

IndexAmericas measures companies acting in Latin America and the Caribbean based on their performance in environmental, social and governance dimensions, as well as on a development component added by IDB-IIC. S-Network Global Indexes and Thomson Reuters are in charge of data collection and analysis.<\/p>\n

\u201cWe wholly support IndexAmericas because it aligns with the College of Business\u2019 mission and vision,\u201d said Jos\u00e9 Aldrich, acting dean of FIU\u2019s College of Business. \u201cWe are proud to have been invited by the IDB-CII to be part of this project.\u201d<\/p>\n

Attention to corporate social responsibility intensifies.<\/em><\/p>\n

Since the peak of the recession in 2009, interest in corporate social responsibility has increased significantly, with business\u2019 behavior monitored closely by investors, shareholders and consumers.<\/p>\n

The practice of Socially Responsible Investing (SRI) is booming as investors look for more than mere financial returns. According to the US SIF Foundation 2016 as of year-end 2015, more than one out of every five\u00a0dollars under professional management in the United States\u2014$8.72\u00a0trillion or more\u2014was invested according to SRI strategies. And initiatives like IndexAmericas are expected to play a critical role in helping guide SRI decision strategies for the region.<\/p>\n

IndexAmericas seeks to show businesses they have a responsibility to actively guide the development of markets in Latin America and the Caribbean. \u201cIndexAmericas recognizes the leading companies in Latin America and the Caribbean for their efforts in the field of sustainability,\u201d the IDB said in a statement. \u201cIt is the first initiative of its kind led by the largest multilateral agency for economic and social development in Latin America and the Caribbean.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Today, the ability to\u00a0advance sustainable development is an integral part of many businesses\u2019 corporate missions, as well as addressing the social, environment, and financial impacts of their enterprises. The Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC) this week launched the Corporate Sustainability Index (IndexAmericas), designed to help gauge corporate sustainability efforts in […]<\/p>\n","protected":false},"author":67,"featured_media":28094,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10],"tags":[4177,4176,1361],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/28089"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=28089"}],"version-history":[{"count":6,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/28089\/revisions"}],"predecessor-version":[{"id":28097,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/28089\/revisions\/28097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media\/28094"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=28089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=28089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=28089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}