Comments for Kayema Investment Research and Analysis http://www.kayema.com Fri, 09 May 2008 22:02:23 +0000 http://wordpress.org/?v=2.1.2 Comment on A Review of Israel Ministry of Finance SRI Position Paper by Ron Robins http://www.kayema.com/news/a-review-of-israel-ministry-of-finance-sri-position-paper/#comment-663 Ron Robins Wed, 13 Feb 2008 02:57:08 +0000 http://www.kayema.com/news/a-review-of-israel-ministry-of-finance-sri-position-paper/#comment-663 Thanks for the clarification. I definitely agree that the ministry should make laws or regulations that allow fund managers to include ESG/SRI factors in their investment analysis! Hey, what's the latest on the Kayema Sustainability Index? Thanks for the clarification. I definitely agree that the ministry should make laws or regulations that allow fund managers to include ESG/SRI factors in their investment analysis!

Hey, what’s the latest on the Kayema Sustainability Index?

]]> Comment on A Review of Israel Ministry of Finance SRI Position Paper by Daniel Schwab http://www.kayema.com/news/a-review-of-israel-ministry-of-finance-sri-position-paper/#comment-660 Daniel Schwab Tue, 12 Feb 2008 10:29:58 +0000 http://www.kayema.com/news/a-review-of-israel-ministry-of-finance-sri-position-paper/#comment-660 Hi Ron, Glad to hear from you. The paper nor I are proposing to enact specific SRI standards as law. Rather I am proposing making it legal for fund managers to take into consideration SRI principles should they choose to do so. The current interpretation of the law is that fund managers may not consider ethical, environmental or any other "non financial" considerations. The only interest they may have is to maximize profits for fund owners i.e. excluding SRI or ESG principles. Does this clarify my point? Best regards, Daniel Hi Ron, Glad to hear from you. The paper nor I are proposing to enact specific SRI standards as law. Rather I am proposing making it legal for fund managers to take into consideration SRI principles should they choose to do so. The current interpretation of the law is that fund managers may not consider ethical, environmental or any other “non financial” considerations. The only interest they may have is to maximize profits for fund owners i.e. excluding SRI or ESG principles. Does this clarify my point? Best regards, Daniel

]]> Comment on A Review of Israel Ministry of Finance SRI Position Paper by Ron Robins http://www.kayema.com/news/a-review-of-israel-ministry-of-finance-sri-position-paper/#comment-653 Ron Robins Mon, 11 Feb 2008 19:32:29 +0000 http://www.kayema.com/news/a-review-of-israel-ministry-of-finance-sri-position-paper/#comment-653 Daniel -- good to hear of the Ministry's intent concerning SRI. I'm not sure SRI should be mandated by any government though. What I feel should be mandated is standardized compulsory reporting of environmental, social and governance (ESG) ativities, and that such reports should be independently audited, with an audit report, and which then is available to all stakeholders. In this way, ESG/SRI reporting would be much like the standardization, reporting and auditing of financial statements. This will help to create confidence in what companies are reporting and investors need not feel that all companies are doing is simply 'greenwashing!' Best wishes, hope you can contact me again sometime. Ron Robins (Toronto) Daniel — good to hear of the Ministry’s intent concerning SRI. I’m not sure SRI should be mandated by any government though.

What I feel should be mandated is standardized compulsory reporting of environmental, social and governance (ESG) ativities, and that such reports should be independently audited, with an audit report, and which then is available to all stakeholders.

In this way, ESG/SRI reporting would be much like the standardization, reporting and auditing of financial statements. This will help to create confidence in what companies are reporting and investors need not feel that all companies are doing is simply ‘greenwashing!’

Best wishes, hope you can contact me again sometime. Ron Robins (Toronto)

]]> Comment on Water Is The Way To Go by מים, אנרגיה, פסולת ואיכות אוויר » ארכיון » מים הם שם המשחק בישראל http://www.kayema.com/cleantech/water-is-the-way-to-go/#comment-14 מים, אנרגיה, פסולת ואיכות אוויר » ארכיון » מים הם שם המשחק בישראל Wed, 02 May 2007 09:35:26 +0000 http://www.kayema.com/cleantech/water-is-the-way-to-go/#comment-14 [...] של קיימא ישראל פיספסה את גל האנרגיה הנקיה ותצטרך להתאמץ מאוד [...] […] של קיימא ישראל פיספסה את גל האנרגיה הנקיה ותצטרך להתאמץ מאוד […]

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