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Julie Fox Gorte
Julie Fox Gorte, Ph.D. is the Senior Vice President for Sustainable Investing at Pax World Management LLC. She oversees Environmental, Social and Governance-related research on prospective and current investments as well as Pax’s shareholder advocacy and work on public policy advocacy.

Dr. Gorte serves on the boards of Ceres, the Sustainable Investments Institute, the Endangered Species Coalition and the American Sustainable Business Council. She serves as the co-chair of the Asset Management Working Group of the United Nations Environment Programme Finance Initiatives and is on the steering committee for UNEP’s workstream on biodiversity.

Prior to joining Pax, Dr. Gorte served as Vice President and Chief Social Investment Strategist at Calvert. Her experience before she joined the investment world in 1999 includes nearly 14 years as Senior Associate and Project Director at the Congressional Office of Technology Assessment, Vice President for Economic and Environmental Research at The Wilderness Society, Program Manager for Technology Programs in the Environmental Protection Agency’s policy office and Senior Associate at the Northeast-Midwest Institute. Dr. Gorte received her Bachelor of Science in Forest Management at Northern Arizona University and a Master of Science and Ph.D from Michigan State in resource economics.

Entries by Julie Fox Gorte

The Opportunity in the Difficulty

(0) Comments | Posted September 15, 2014 | 1:59 PM

"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."

-- Winston Churchill

Climate change can bring out the best in us and help reinvigorate our economy. That's usually not the headline of a story about climate change, but it's a headline we...

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Gaining Enough Ground

(0) Comments | Posted May 12, 2014 | 11:17 AM

Four years ago, Ceres and Sustainalytics produced a report that it called a roadmap for sustainability for the 21st century corporation, and noted that while there were pockets of leadership in sustainability, these pockets were surrounded by oceans of incrementalism that were insufficient to address the sustainability challenges...

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Climate Change: The Externality That Came in From the Cold

(2) Comments | Posted April 28, 2014 | 1:28 PM

An externality is something that costs nothing on the part of the person or enterprise that creates it, but imposes a cost or conveys a benefit to others. The world is full of them. My children create them by Skyping with their friends at elevated decibel levels all night. Externalities...

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Fire (Ready, Aim): The Budding Campaign to Diminish Shareholder Rights

(0) Comments | Posted April 4, 2014 | 10:08 AM

Recently, there have been several public calls by prominent officials calling for curtailment of shareholder activism. Daniel Gallagher, a Commissioner of the Securities and Exchange Commission, is reported to have said that "the commission must clamp down on the filing of shareholder proposals unrelated to the long-term interests of corporations,...

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Ceres' New Report Puts Spotlight on Inadequate Corporate Reporting on Climate-Related Risks

(0) Comments | Posted February 13, 2014 | 9:29 AM

In 2012, Consolidated Edison incurred "response and restoration" costs for Hurricane Sandy totaling $461 million. The company's 10-K talks about climate-related risks, but only in the context of its own greenhouse gas emissions, noting that these constitute less than 0.1 percent of all U.S. GHG emissions, never making...

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Making Sense of Climate Confusion... and How the Private Sector Can Help

(15) Comments | Posted February 6, 2014 | 1:22 PM

Co-authored by Mike Bellamente, the director of Climate Counts, a consumer outreach organization that rates corporations on how well they measure, reduce and report their greenhouse gas (GHG) emissions.

As individuals and families, we buy insurance for a lot of fairly unlikely things, like casualty insurance to...

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Tricks of the Trade That Block Climate Change Progress

(1) Comments | Posted January 28, 2014 | 1:58 PM

I recently attended the 2014 Investor Summit on Climate Risk at the United Nations, along with more than 500 other financial leaders, most of them members of the Investor Network on Climate Risk. At that meeting, Ceres, the Summit's organizer, released the Clean Trillion report calling on investors to scale-up...

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Politics: A Well-Oiled Machine

(0) Comments | Posted October 1, 2013 | 12:37 PM

Co-authored by David Loehwing, director, Sustainability Research, Pax World Investments

The politics of climate change are a lot like the politics of gun control. If, as public opinion polls show, 90 percent of Americans want gun control, why does Congress fail to deliver it? Similarly, polls show 87 percent of...

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A Second Chance to Get It Right with Climate Change

(1) Comments | Posted January 29, 2013 | 2:01 PM

"We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations. Some may still deny the overwhelming judgment of science, but none can avoid the devastating impact of raging fires, and crippling drought and more powerful storms." --...
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