Calvert actively participates in numerous initiatives and organizations. Initiatives such as the UN Global Compact and the United Nations Environment Program Finance Initiative (UNEP FI) allow Calvert to create, monitor, and demonstrate best practices in financial services and other industries all over the world.
Calvert also partners with like-minded organizations, such as NGOs and other socially responsible investment companies, to reach a common goal. Such partnerships allow us to engage companies and affect change to a greater extent than if we were to rely solely on our internal human and other resources.
The Calvert Social Investment Foundation (Calvert Foundation)
Calvert Social Investment Foundation (Calvert Foundation), a non-profit 501(c)(3) organization legally distinct from Calvert Investments, Inc. and the Calvert Funds, is a leader in community investment that provides innovative financial products to channel capital to underserved communities.
The types of projects supported include affordable housing, microcredit, community facilities, small businesses, and social innovation. The Calvert Community Investment (CCI) Note is Calvert Foundation's flagship product and most popular offering.
Calvert Foundation was started when Calvert teamed up with the Ford, MacArthur and Mott foundations. Calvert Foundation serves as a facility for individual and institutions seeking to channel investment into disadvantaged communities with a simple goal—to help end poverty.
Individuals can invest in low-income communities and families while benefiting from a professionally managed portfolio with security enhancements, diversification, rigorous due diligence, and ongoing monitoring of investments.
For more information, go to www.calvertfoundation.org or call 800.248.0337.
UN Global Compact
In 1999, United Nations Secretary-General Kofi Annan challenged business leaders to join an international initiative—the Global Compact—that would bring companies together with UN agencies, labor and civil society to support nine core principles in the areas of human rights, labor and the environment.
Calvert is proud to support the UN Global Compact, and in 2001 was invited to join its advisory council. We commend this tremendous initiative to improve corporate responsibility at all levels by companies. As a socially responsible investment firm, we recognize the growing influence of corporations, and the challenges and opportunities posed by an increasingly global economy. We recognize that today's social and economic issues have a way of becoming tomorrow's economic problems. We believe that companies operating with integrity toward their employees, community and the environment will be better positioned in the long run.
It is clear that Calvert's commitment to building a more sustainable and inclusive world is closely linked to the core objectives of the UN Global Compact. By participating in the UN Global Compact, we re-affirm our commitment to corporate responsibility and citizenship, and to share our good practices and learning with the global community. For more information about how Calvert implements the Global Compact, please see our:
- Communications on Progress for fiscal year 2004
- Communications on Progress for fiscal year 2005
- Communications on Progress for fiscal year 2006
- Communications on Progress for fiscal year 2007
- Communications on Progress for fiscal year 2008
- Communications on Progress for fiscal year 2009
Calvert is a member of numerous organizations, both domestically and internationally, whose work is critical to us. These organizations strive to promote and support socially responsible investing, corporate social responsible and philanthropic efforts locally and globally. Memberships in industry and business associations and or advocacy organizations include:
- Social Investment Forum (Board Member)
- Association for Socially Responsible Investment in Asia
- Greater Washington Board of Trade (Board Member)
- CEO Water Mandate
- Carbon Disclosure Project
- Global Reporting Initiative Stakeholder Council
- Interfaith Center on Corporate Responsibility