Stakeholder Capitalism
INVESTMENT PORTFOLIO
Why Invest In Stakeholder Capitalism?
This portfolio seeks long term capital appreciation by investing primarily in domestic securities. This research driven portfolio examines each company’s relationship with its shareholders, employees, customers, suppliers, competitors, and communities in which the company operates, determining how companies positively contribute to all of society through good governance practices.
THE NEWDAY DIFFERENCE
Best Corporate Practices
Newday licenses the Arcturus model for corporate governance best practices from the Caux Round Table (CRT) to establish the framework for evaluating a company’s governance. The CRT is an international network of principled business leaders working to promote moral capitalism.
Measuring Behavior vs. Intent
Honesty, integrity and transparency are the foundation of good governance, and measuring a company’s behavior is the best indicator of good corporate governance rather than its self-described intent. Newday analyzes 188 factors to determine the level of adherence to their rules and regulations.
High Concentration of Pure Plays
We construct portfolios to ensure that 50% of portfolio constituents are “pure plays” tied to the ESG theme. Every company in our portfolios has either a direct or indirect connection to the impact issue with which it’s associated, and every portfolio is connected to an impact NGO or nonprofit partner.
STAKEHOLDER CAPITALISM AND THE SDGS
The Newday Stakeholder Capitalism Portfolio helps achieve a number of the United Nations Sustainable Development Goals (SDGs), including:
- 5 – Gender Equality
- 8 – Decent Work and Economic Growth
- 9 – Industry Innovation and Infrastructure
- 11 – Sustainable Cities and Communities
- 12 – Responsible Consumption & Production
- 16 – Peace, Justice & Strong Institutions
- 17 – Partnerships for the Goals
SAMPLE PURE PLAY HOLDINGS
- Industry leaders in fulfilling mission aligned Impact goals
- Competitive returns vs. non-impact alternatives
- Chosen based on proven ESG-ratings & scoring systems
1) Kroger (KR)
Made some bold commitments to its ESG strategy to achieve lasting positive change for billions of people and the planet by 2030 with its Zero Hunger | Zero Waste social and environmental impact plan.
2) CBRE Group, Inc. (CBRE)
Strong focus on corporate sustainability with the 9th straight year being included in Fortune’s World’s Most Admired Companies list and 3rd consecutive year being named #1 Real Estate Company.
3) Accenture (ACN)
Has been gaining market share and consistently outperforming with a strong focus on Sustainability practices as it’s been named to Fortune World’s Most Admired Companies for 19 consecutive years.
4) Republic Services (RSG)
The second- largest integrated provider of traditional solid waste services in the US with strong FCF in a recession resistant industry. Fourth consecutive year the company has been certified as a Great Place to Work based on employee surveys and continues to be the only environmental services provider with that certification.
5) Hersey (HSY)
Hershey regularly engages with NGOs, customers, investors and other stakeholders to discuss the company’s ESG performance. In 2021 Hershey was named by DiversityInc as one of the Top Companies for ESG.