HCS is officially a PRI Network Supporter 
HCS is officially a PRI Network Supporter
FOR IMMEDIATE RELEASE
For more information, contact
Brian Bowen — Ceres |
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| phone: 617-247-0700 x 148 | cell: 617-257-6626
BOSTON, MA May 21, 2013
Energy efficiency is estimated to be a multi-hundred-billion dollar investment opportunity in the United States, but better policies are required to unlock broad-based financing from institutional investors, who together manage approximately $70 trillion in assets globally.
That is the key finding of Power Factor: Institutional Investors’ Policy Priorities Can Bring Energy Efficiency to Scale, a new report issued today by Ceres and its Investor Network on Climate Risk (INCR). Based on the input of nearly 30 institutional investors and other experts from the energy, policy and financial sectors, Power Factor cites three areas of policy—utility regulation, demand-generating policies and innovative financing policies—that can take energy efficiency financing to a scale sufficient to attract significant institutional investment.
By Marco Trbovich, Vice President of Strategic Communications for Tricom Associates
President Obama’s Special Assistant and Director of the Office of Social Innovation and Civic Participation, Jonathan Greenblatt, joined capital stewards, pension fund managers and other investors at the Heartland Economic Impact Investment Forum: 
Washington, D.C., the sixth of such forums since 2012. Sponsored by Heartland Capital Strategies (HCS), the forum focused on the need to rebuild the built environment of our cities and to revitalize the nation’s industrial commons.
In addition to providing market-competitive returns and minimizing risk, “Economic Impact Investments” result in community prosperity through the growth of good jobs, innovative enterprises and a more resilient built environment. Heartland fosters a “Community of Practice” for Economic Impact Investments (EII), and this network has invested successfully for decades in Washington, D.C. and around the country. These innovative fund managers and capital stewards came together in 2012 under the banner of Heartland’s Responsible Investment (RI) Forums to re-build cities hit hard by the recession.
The challenge of pursuing a more sustainable built environment in the nation’s capital was the focus of the forum’s opening panel, moderated by Leanne Tobias, President of Malachite LLC.
By Marco Trbovich, Vice President of Strategic Communications for Tricom Associates
Since early 2011, Ed Smith has been Chief Executive Officer of ULLICO Inc. and The Union Labor Life Insurance Company, which provides insurance and financial solutions for labor unions, union employers, union benefit funds and union members. Ed went to work as a laborer at age 13, was a business manager for a Laborers’ union local and pension trustee by age 21. He has been a member of the Laborers’ International Union of North America (LIUNA) for 45 years. ULLICO is a sponsor of Heartland Capital Strategies.
Q. Can you tell us what your vision is for ULLICO?
A. “ULLICO has one customer: the American labor movement. Ours is a simple vision: how can we use this financial, insurance and economic organization to protect and grow union members and their employers. How do we do both?
Pension Funds Encouraged to Invest in Community Prosperity
By Marco Trbovich, Vice President of Strategic Communications for Tricom Associates
At Heartland Capital Strategies’ recent Economic Impact Forum in Washington, D.C., CityCraft Ventures presented evidence of the firm’s success in revitalizing communities by investing in a holistic approach to building community wealth, and asserted that scaling up such a strategy is essential for the survival of union pension funds and the sustainability of the U.S. economy.
As the leadoff speaker on the panel Imagining the Livable City, CityCraft president John L. Knott, Jr. strongly encouraged pension fund managers participating in the forum to stop “exporting capital globally” and to focus instead on becoming leading investors in “restoring the long-term economic, social and environmental health of our cities.”
