NORTHAMPTON, Mass. and NEW YORK, Nov. 14, 2014 (GLOBE NEWSWIRE) -- 3BL Media and Nasdaq (NDAQ) announced today a #3BLchat Twitter chat that will be focused on responsible investing and how environmental, social and governance (ESG) data can be used to limit investment risk. The chat will take place on November 24th, 2014 at 2pm ET. To join and follow the discussion, use the hashtag #3BLchat.
Evan Harvey (@Evanharvey99), Managing Director of Sustainability for Nasdaq, will be leading the discussion on Twitter, along with @3BLMedia and @CSRwire. The chat will include a discussion of Evan's role in promoting sustainability and ESG initiatives—within the company, with companies that list on Nasdaq, and with a growing number of committed exchanges around the world.
"Exchanges are uniquely positioned to drive change. And Nasdaq in particular has been a vocal advocate for the kinds of beneficial effects—increased shareholder engagement, market efficiency, economic empowerment, and long-term capital formation—that good corporate sustainability practices can produce," said Evan Harvey.
A recent study by New Amsterdam Partners finds stocks with higher ESG ratings deliver superior returns and lower price volatility. Reports by the Carbon Disclosure Project (CDP) and Nielson have found similar correlations between sustainability initiatives and stock performance. We will explore what this means for companies on the exchange and for the exchange itself.
Nasdaq is actively working with other exchanges, investors, regulators, and companies to improve corporate transparency and performance on ESG (environmental, social and corporate governance) issues. This initiative drives responsible investment and long-term capital formation. Stock exchanges can leverage the unique nature of their business (and inherently close relationships with thousands of public companies) to play a vital role in promoting sustainable economic development.
@3BLMedia and @CSRwire have hosted previous Sustainability focused Twitter chats on topics including Building Sustainable Supply Chains, Women's Economic Empowerment and Sustainability Reporting.
"As more companies recognize that sustainability management and ESG data can significantly mitigate investment and portfolio risk, there has been an expansion within the financial community of interest in sustainability factors," said Greg Schneider, CEO of 3BL Media. "3BL Media and CSRwire are pleased to co-host this Twitter chat with Nasdaq to further explore this growing sector."
Follow this #3BLchat to explore:
- How stock exchanges can promote sustainable business practices
- Improving communications on stock exchanges' sustainability-related activities
- Why sustainability practices matter to stock exchanges
- The global outlook: what are other exchanges doing?
- The shifting ESG regulatory and disclosure landscape
Questions or examples for the panelists should be submitted before the chat on Monday, November 24th via email (see below) or a tweet that includes #3BLchat.
To register, send this tweet:
I will join #3BLchat Responsible #Investing in a Complex Market @evanharvey99 @Nasdaq Mon Nov 24th 1pm ET
Tips to get the most from #3BLchat:
- Follow the main participants and #3BLchat hashtag.
- Submit questions before the event to promote a more dynamic discussion.
- Use the #3BLchat hashtag on your comments that you want to share with the community.
- Share tweets you think your followers will appreciate.
- Follow interesting participants during and after the chat.
Evan Harvey, Director of Sustainability at Nasdaq
Evan directs the sustainability effort at Nasdaq, helping to make the exchange and all of its listed companies more transparent, efficient, and responsible. In this capacity, he oversees the research, analysis, writing, and publication of virtually all-major sustainability reports. Evan is also responsible for investor outreach, media relations, sustainability partnerships, executive speechwriting, and major event planning. More than twenty years of experience in marketing and communications has served him well in this role, but he has augmented those skills with new learning in resource management, environmental science, and human rights. Powerful and persuasive writing is an essential tool when communicating the environmental crisis, building political consensus, and solving economic dilemmas.
Nasdaq (NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and one in ten of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. Nasdaq is also a global leader in the sustainable stock exchanges movement, leveraging the power of education and economic empowerment to drive environmental, social, and ethical change.
About 3BL Media
3BL Media is the leading news and content distribution company focused on Corporate Social Responsibility (CSR) and Sustainability and related topics. Clients include Fortune 1000, multinational corporations, SME's, and non-profits that rely on the 3BL Media distribution platform to distribute press releases, blogs, videos, reports and other media assets through social, traditional and new media channels. 3BL Media leverages its expertise in communications, technology and social media to enable organizations to more effectively communicate about their CSR and sustainability initiatives to a highly targeted audience including media, investors, practitioners, consumers and other stakeholder groups. 3BL Media is the publisher and producer of The CSR Minute™ and owns and operates Justmeans.com, Socialearth.org and CSRwire.com. Visit 3blmedia.com
Message for Twitter: Responsible #Investing in an Irresponsible Market http://3bl.me/4ynwcz #3BLchat w/ @evanharvey99 of @Nasdaq Mon Nov 24th 1pm ET #ESG #SRI
The information contained above and during the #3BLchat w/ @evanharvey99 of @Nasdaq is provided for informational and educational purposes only, and nothing should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates (collectively "Nasdaq") makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Actual results may differ materially from those expressed or implied. Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
None of the information contained in this press release or during the during the #3BLchat w/ @evanharvey99 of @Nasdaq constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy. Nasdaq does not issue, sponsor, endorse, market, offer, review or otherwise express any opinion regarding any investment or financial product that may be based on or linked to the performance of any investment strategy.
CONTACT: Suzanne Madore 3BL Media firstname.lastname@example.orgSource: 3BLMedia, LLC