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LATEST REPORT
July 31, 2002
Volume 2, #06

Ethical Goverenance Of Investment Network Bulletin

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Investment Rules Project


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Ethical Goverenance Of Investment Network Bulletin

 

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1. World Summit Attracts 106 Leaders, Not USA
Environment News Service

Leaders of 106 countries have officially indicated that they will attend the United Nations World Summit on Sustainable Development set for Johannesburg, South Africa from August 26 to September 4, the UN announced today.

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2. New Interpretation of NAFTA Chapter 11 Provisions

On July 31, 2001, the NAFTA Trade Ministers (the Free Trade Commission) announced that they had agreed to the interpretation of certain provisions of Chapter 11, NAFTA's controversial investment chapter.

Read the NAFTA press release

Read the IISD analysis of this announcement

 

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3. State employees' pension fund flexes its muscle around the world
San Francisco Chronicle

They may not know it, but 1.3 million California retirees have become major players in the international campaign for human rights.

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4. WRI report warns environmental risks could reduce shareholder value of leading oil and gas companies

A new World Resources Institute (WRI) report released today calls on investors to pay closer attention to how oil and gas companies are exposed to environmental risks.

Read the full press release and report

 

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5. Market Slump Providing Unexpected Boost To Socially Responsible Mutual Funds
Social Investment Forum

Is the scandal-fueled stock market slump turning more Americans into socially responsible investors? According to Lipper data released today by the nonprofit Social Investment Forum, socially and environmentally responsible mutual funds experienced positive asset growth in the first half of 2002 while U.S. diversified fund assets fell off substantially.

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This week on the Nautilus homepage:

* Experts Discuss Scenarios for Future of U.S.-Korean Relations
* Corporate Accountability Project Releases Dodging Dilemmas? Global High Tech Report
http://www.nautilus.org/

*New* Special Forum on September 11 Attacks:
http://www.nautilus.org/fora/Special-Policy-Forum/index.html

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