User:Ndvail/Calvert Investments

Category: Mutual fund families

Established in 1976, Calvert Investments is an investment management company that is headquartered in Bethesda, Maryland and led by Barbara Krumsiek, the firm’s President and Chief Executive Officer. In addition to providing traditional investment management services, Calvert is one of the largest sustainable and responsible investment (SRI) companies in the United States. Calvert offers a range of equity, bond, cash, and asset allocation products, many of which feature integrated environmental, social, and corporate governance research.

In addition to Calvert’s investment products and services, Calvert is also known for its work with the following initiatives:

In 1995, Calvert sponsored a nonprofit social venture capital organization called the Calvert Social Investment Foundation which works with individuals, financial advisors, and brokerage firms to raise investment capital for nonprofit organizations, microfinance institutions, and social enterprises that help communities in all 50 states and over 100 countries. The Calvert Social Investment Foundation is a 501(c)(3) organization, legally distinct from Calvert Investments.

In 1998, Calvert pursued an advisory opinion from the U.S. Department of Labor in support of the inclusion of sustainable and responsible investment options in defined contribution plans. In a letter to Calvert, the Department of Labor stated that it believes sustainable and responsible investment options are not inconsistent with fiduciary standards.

In 2000, Calvert introduced The [Calvert Social Index|Calvert Social Index], which is an unmanaged index that measures the performance of large, U.S.-based sustainable and responsible companies.

In 2004, Calvert, in collaboration with the United Nations Development Fund for Women, developed the first global voluntary code of conduct guiding business on how to empower, advance, and invest in women worldwide. The Calvert Women’s Principles bring together a variety of ways in which business can contribute to the advancement of women.