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The Intersection of ESG & Covid-19, Lana Feteiha, Impact Investing Intern

COVID-19 has forever altered standard business practices. Prior to recent events, Environmental, Social, and Governance efforts have been an afterthought. But the global pandemic demonstrates the fundamental role that ESG plays in corporate investments. The presentation focused on three main points: corporations’ social responses and disclosures to stakeholders regarding ESG factors, how investors incorporate ESG factors into business decisions, and how this crisis will affect what happens next. The first speaker, Martin Whittaker, is the CEO of Just Capital; a non-profit organization that strives to create a more just market in America through the collection of data. Whittaker discussed the importance of corporate social responses in today’s climate by addressing the Environment and Social aspects of the crisis. COVID-19 has resulted in hazardous working conditions, so companies should be prioritizing the wellbeing of their employees. According to Whittaker, the proper treatmen

If you own these mutual funds and ETFs, you own guns...

CNBC recently noted that: "Major funds invested in gun stocks include the Vanguard Total Stock Market ETF, iShares Russell 2000 ETF and Schwab U.S. Broad Market ETF." They went on to state that: "Last week's mass killing of 17 people at a public high school in Parkland, Florida, has caused some major pension funds and institutions to investigate the extent of their investments in gun makers. Some of Wall Street's largest exchange-traded funds are currently invested in American Outdoor Brands — formerly Smith & Wesson — and Sturm, Ruger & Co., designers, makers and retailers of firearms for domestic buyers. Fierce scrutiny has pushed New Jersey state lawmakers to restrict the state's public pensions from investing in the stocks of gun manufacturers, while the world's largest asset manager, BlackRock, said it would 'engage' with (gun) companies on their response to the shooting."  We have come to expect