Corporate Knights magazine group launches "clean capitalism" funds

Corporate Knights Inc., publishers of Corporate Knights, the Toronto-based quarterly about corporate responsibility, today announced that a group of investors, led by Vancity Community Capital, is backing a new division  called Corporate Knights Capital. The division intends to  create and market a suite of investment products themed around "clean capitalism" and drawn from the magazine's published rankings of "green" companies.

With the creation of the new enterprise, Corporate Knights co-founder Toby Heaps moves into the role of CEO of the parent company, Corporate Knight Inc.

Corporate Knights Capital, the investment arm, will be led by a team of executives chaired by Nicholas Parker, the co-founder and chair of the Cleantech Group Inc.  Other members will be Tyler Hamilton, editor-in-chief of Corporate Knights and currently a business columnist for the Toronto Star, Doug Morrow, the vice-president of research at Corporate Knights, Susan McLean, a senior adviser to Corporate Knights Capital and  Diane Hadad, its chief marketing officer.