Highlights: 2nd Quarter Produces Portfolio Gains on Broadening Economy
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- June 17, 2017: Retailers Linked to Labor Violations within the Supply Chain
- June 21, 2017: More Bad News for Mylan
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Ecolab (ECL) is a global leader in water, hygiene & energy technologies providing services that protect people along with vital resources. On June 21st, Ecolab was recognized as one of the 50 most community-minded companies in the United States. The Civic 50 list is the only survey and ranking system that exclusively measures corporate involvement in comunities. The growth of ESG Investing is on the rise for a multitude of reasons. Educated Investors are more infomed having greater access to company finacials. Investors are aware of the on-going corporate scandals, climate change & political agendas. Consumers expect companies to be in good standing with these factors. Ecolab is a core holding in most client accounts. June 17, 2017: Retailers Linked to Labor Violations within the Supply Chain 
Various retailers are linked to labor violations among truck drivers who transport goods from distribution centers to stores. For example, drivers are working up to 20 hours a day earning pennies on the dollar, at best. Trucking companies use fear and force tactics to demand their drivers to finance the trucks they drive. Most of these drivers are poor immigrants who can barely speak English taking on massive debt that they cannot afford. These drivers are critical to the supply chain of many goods that we, as consumers use and enjoy. Goods are delivered to many familiar retailers, including the following publicly traded corporations: Target (TGT), Costco (COST), Home Depot (HD) & Hewlett-Packard (HPE) June 21, 2017: More Bad News for Mylan 
Mylan (MYL), the EpiPen maker, has been paying lower taxes to the detriment of the environment. Since 2011, Mylan has invested in five coal processing facilities that sell coal at a loss in exchange for tax credits. Heather Bresch, is the CEO of Mylan and “coincidentally” the daughter of Senator Joe Manchin of the coal-mining state West Virginia. 
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