Living Asset Stewardship Blog

27
Jan

During 2012 the Global LAMP Index® continued to build its multi-year performance advantage over  leading global equity indices as well as the S&P 500. A chart showing compounded returns since 1996 – the year I started work on the Index – is displayed on the front page of this website. Tables detailing index returns on a year-to-year and on a ...

10
Dec

Entroponomics

The words we use convey shared meanings and assumptions that affect the ways we think and behave. Take the word “economics.” The word itself derives from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") and from οἶκος (oikos, "house") plus νόμος (nomos, "custom" or "law"): hence "rules of the house(hold)." Since the founding of modern economics in the 18th ...

19
Sep

Biological and ecological systems are full of complexity. So is the financial system. But here the similarity ends: for Nature and biology are complex in the right way, while the financial system is not. The right way is diverse, symbiotic, adaptive and dynamically balanced. The wrong way is highly centralized, self-centered, disconnected, single-minded (profit seeking) and continually growing with concentrated pockets ...

17
Apr

LAMP Companies Repeat on Global 100 Lists

Since 2006, when Profit For Life was published, 65 percent of Global LAMP Index® companies our learning lab for the book have been selected for the Global 100 list of corporate sustainability leaders. Since the Global 100 are selected from thousands of eligible companies, the high inclusion rate of LAMP companies is truly extraordinary. The Global 100 ...

30
Jan

Brother Can You Spare a Trillion?

The industrial capitalist model of economic progress is broke. Premised on cheap energy, inexhaustible resources and perpetual GDP growth, it now runs deficits faster than it adds value. Tweaking this model, which is presently bankrupting us, is not an option. What we need is a major overhaul. The sooner we admit this truth, the more options we'll have in the ...

18
Jan

This article was originally published in 1972 by Risk Management Magazine and is used here with permission of the publisher. We reprint it for its historic significance: a contrarian view of sound business practice when it was written that has today become a foundational concept of triple bottom line corporate reporting. As the first serious study to link corporate ...

16
Jan

2011: A Year of Sub-par Returns

After fifteen years of top tier returns, the Global LAMP Index® lagged all three of its global comparators. During 2011 it lost 9.20% in value versus losses ranging from 3.18% to 5.53% on peer indices. Perhaps we were due. In the investment world nobody runs at the front of the pack all the time. For those wishing to see the ...

14
Dec

Growing Wealth That Lasts

The principles that govern lasting wealth creation are time tested and simple. Yet we have a difficult time putting them to practice because they require deferring present needs and wants into the future. At every level of political/economic decision-making global, national or family the power of now has an inexorable pull. The power of now has been ...

31
Oct

The United Nations Economic Program's Financial Initiative (UNEP-FI) in collaboration with the Global Footprint Network and a number of leading financial institutions, has decided to investigate the linkages between ecological risk and sovereign credit risk.1 This is a long overdue step towards greater transparency in global bond markets and a fresh affirmation of the new renaissance thinking in business ...

21
Oct

Jay and Jeanne Bragdon visited the Kalundborg Symbiosis on September 23, 2011, where they talked with project officer, Berndt Jespersen. Two of the original corporate members of the symbiosis - Novo Nordisk and Statoil - are constituents of the Global LAMP Index and a third, Novozymes, is a related company. "Today humanity uses the ...