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Marcy Murninghan

Marcy Murninghan ... ESG/Sustainability practitioner-scholar w/30 years experience linking corporate, capital accountability to civic virtue. ... Greater Boston Area ... Public Policy

Burgess COMMENTARY
See a pdf Working Paper by Bill Baue and March Murninghan
Peter Burgess

Marcy Murninghan ESG/Sustainability practitioner-scholar w/30 years experience linking corporate, capital accountability to civic virtue. Greater Boston AreaPublic Policy Current The Murninghan Post, AccountAbility, Sustainability Accounting Standards Board (SASB) Previous Center for Sustainable Enterprise and Regional Competitiveness (SERC) / UMass Boston, Corporate Social Responsibility Initiative, Kennedy School of Gov't, Harvard University, Interfaith Center on Corporate Responsibility Education Harvard University 400 connectionsConnectSend InMailMore options www.linkedin.com/in/marcymurninghan Contact Info BACKGROUND SUMMARY Helping institutions (especially foundations, higher education, and the media) be more accountable to the public interest, through their governance, management, and operations. Specialties: Corporate social responsibility; socially responsible investing; corporate governance; civic engagement; social entrepreneur; independent scholar; writer; program design; public policy analysis; organizational restructuring; project management; innovative problem solving; values in public life; ethics

EXPERIENCE


Co-Founder, Editor in Chief The Murninghan Post July 2010 – Present (2 years 9 months) The Murninghan Post is a gathering place for sharing information, ideas, deliberation, and strategic action for reforming our corporate structures and capital markets. The aim is bold but clear: to provide you with tools and knowledge that will assist in the transition to a prosperous, sustainable, and just world, in keeping with human and ecological well-being. By subscribing, you’ll be smarter and more effective as a change-agent. More importantly, you’ll help us be smarter and effective as a change-agent, too.
Senior Research Fellow AccountAbility March 2011 – Present (2 years 1 month)
Member, Advisory Council Sustainability Accounting Standards Board (SASB) February 2012 – Present (1 year 2 months)San Francisco, California
Founder & President The Lighthouse Investment Group June 1987 – Present (25 years 10 months) Through active engagement, research, teaching, and writing, primary focus is on the integration of civic moral values into institutional governance and behavior, including corporate social responsibility; fiduciary governance and management; shareholder activism; organized philanthropy; and social enterprise / nonprofit governance and accountability. In addition to theory-building and practical application, conducts policy analysis and program development, research on special topics, and public lectures and education on issues related to civic responsibility and the public interest.
Consultant Center for Sustainable Enterprise and Regional Competitiveness (SERC) / UMass Boston July 2010 – February 2011 (8 months)
Senior Joint Researcher Corporate Social Responsibility Initiative, Kennedy School of Gov't, Harvard University July 2009 – May 2010 (11 months) With Sea Change Media, we are mapping the ways in which the tools of Web 2.0 / interactive technology can promote better corporate accountability and transparency, collaborative dialogue, and adaptive learning.
Social Media and Policy Consultant Interfaith Center on Corporate Responsibility July 2009 – August 2009 (2 months) In 2010, helped the nation's oldest and most respected coalition of shareholder activists develop a community-based tool for gauging corporate social sustainability. In 2009, helped ICCR expand its reach and collaborative engagement, utilizing social media tools. ABOUT ICCR: For thirty-seven years the Interfaith Center on Corporate Responsibility (ICCR) has been a leader of the corporate social responsibility movement. ICCR's membership is an association of 275 faith- based institutional investors, including national denominations, religious communities, pension funds, foundations, hospital corporations, economic development funds, asset management companies, colleges, and unions. ICCR and its members press companies to be socially and environmentally responsible. Each year ICCR-member religious institutional investors sponsor over 200 shareholder resolutions on major social and environmental issues. Senior Advisor, North America Global Reporting Initiative (GRI) February 2009 – May 2009 (4 months) Responsible for helping to raise the GRI's profile with a variety of individuals and institutions in North America, cultivating 'communities of practice' in service to sustainability reporting--which can lead to greater corporate and investor transparency and accountability. INSPIRE Fellow Institute for Global Leadership, Tufts University 2007 – July 2008 (1 year) Responsible for mentoring undergraduate students on corporate social responsibility and socially responsible investing issues and projects; initiated research pertaining to greater private sector and institutional investor engagement with disaster prevention, resilience, and sustainable development, due to increase in catastrophic weather events caused by climate change; responsible for mapping program options in this area, in conjunction with current initiative on civilian-military education, in partnership with military academies. Consultant Council on Foundations 1985 – 2005 (20 years) Conducted panel discussions and workshops, beginning in 1985, on the integration of civic moral values into investment decision making. The 2005 session was entitled “A New Kind of Voter Education Project: Organized Philanthropy, Responsible Ownership, and the Democratic Ideal.” In 1992, commissioned to conduct a national study of the impact of the Los Angeles riots on foundation grantmaking and urban policy, which also chronicled the history of urban innovations since World War II. It featured interviews with 47 foundation presidents and urban experts. In 1987, commissioned to investigate the moral environment of grantmaking and the role of civic moral values on program and process. The document also relied on numerous interviews with foundation presidents, trustees, and staff to stimulate discussion and leadership about the future of ethics and organized philanthropy. Consultant Urban Scholars Program at UMass Boston June 2001 – June 2004 (3 years 1 month) Throughout 2001 – 2004, assisted in various activities pertaining to teacher professional development and student learning involving Dorchester high school and middle schools, as part of the UMass Boston / Boston Public Schools partnership, which originally was ordered by Federal Judge W. Arthur Garrity, Jr. Designed and organized innovative summer teacher training program; helped make and oversee mini-grants to innovative teacher projects aimed at curricular enhancement; performed outreach connecting program to Boston area nonprofit leaders and institutions. Rapporteur Coudert Institute 2001 – 2004 (3 years) Throughout 2001 – 2004, assisted founder Dale Coudert in program development and education for the Institute’s annual Palm Beach seminar series, which included writing several monographs on seminar discussions. Patterned after the Aspen Institute, the Coudert Institute seeks to engage participants in informed dialogue on significant public policy issues, including media and society, genetic science, corporate governance and responsibility, and international relations. Consultant Spartacus Media November 2002 – June 2003 (8 months) Throughout 2002 – 2003, provided advice and counsel to social entrepreneur Carol Atwood, founder and CEO. Helped develop program, mobilize educational materials, and led several panel discussions for 2003 Sundance conference on “Investing in Media That Matters: A Gathering at Sundance Village,” co-sponsored by Spartacus Media Enterprises, the Hollywood-based Environmental Media Association, and Investors’ Circle. Subsequently, served as discussion leader for donors’ and funders’ e-Forum on investing in responsible media projects. Consultant to Board The Boston Foundation December 1998 – December 2000 (2 years 1 month) Throughout 1998 – 2000, designed, analyzed, recommended, and facilitated support for a “responsible ownership” fiduciary policy, rationale, and set of guidelines for Investment Committee and Board, affecting the Foundation’s $550 million endowment. The effort concentrated on ways in which TBF charitable values could be brought into greater alignment with its investment practice, utilizing responsible ownership techniques and a model of “civic stewardship” promoting community well-being as well as setting a positive, constructive standard for other institutional investors to emulate. In December 2000 the TBF board adopted these recommendations, resulting in a landmark proxy voting policy and set of guidelines that continues to serve as a national model. The policy and the story of its formulation was featured in “The Other 95 Percent: How a Community Foundation Uses Proxy Voting to Advance Its Mission,” by Alessandra Bianchi in the Stanford Social Innovation Review (Winter 2005). Adjunct Faculty Babson College September 1989 – June 1999 (9 years 10 months) Designed and taught courses on moral values and American public life; American philanthropy, voluntarism, and service learning; and nonprofit / social enterprise management. The course, entitled Individualism and Philanthropy in American Public Life, balanced theory with practice by exposing students to the historical evolution of the charitable impulse as well as the management needs of Boston-area nonprofit institutions—particularly those working to alleviate homelessness and hunger. Course also featured numerous guest speakers who are leaders in their respective field. Partner organizations included the Pine Street Inn, the New England Shelter for Homeless Veterans, Rosie’s Place, St. Francis House, Project Bread/Walk for Hunger, and Casa Nueva Vida. (Open)1 course Project Manager / Adjunct Faculty Harvard Divinity School 1993 – 1998 (5 years) Conceived and directed research project on spiritual values held by prominent corporate chief executive officers and impact of these values on business policy, practice, and civic responsibility in the entertainment / media / journalism and financial services industries. Wrote manuscript entitled Money, Media and Morality: From Personal Commitment to Public Obligation. Also, designed and taught Morality and Money: Investing in the Civic Good and Wealth, Power, and the Public Interest: Toward a New Stewardship Ethic for graduate students throughout Harvard and beyond. With Dudley Rose, HDS director of field education and instructor, and J. Gregory Dees, associate professor at Harvard Business School, co-taught and co-supervised the Field Education Consulting Project, a values-based initiative for nonprofit agencies that involved student teams from the Harvard Divinity School and the Harvard Business School. This was an initiative conceived and initiated by Bob Massie. (Open)2 courses Visiting Fellow McCormack Graduate School of Policy Studies, UMass Boston July 1990 – June 1994 (4 years) Conducted research and analysis concerning growing influence and civic moral responsibilities of institutional shareholders on corporate governance, and the constructive ways they can facilitate better corporate social impact. Authored Corporate Civic Responsibility and the Ownership Agenda: Investing in the Public Good, published by UMass Boston in 1994. Helped to organize and run a special symposium at the Kennedy Library honoring Robert F. Kennedy on the twenty-fifth anniversary of his assassination. Provided assistance to Padraig O’Malley’s multiyear project examining the political transition in South Africa. Helped to organize and implement a two-day symposium on 'The Role of a Bill of Rights in Divided Societies: Northern Ireland and South Africa' at the John F. Kennedy Presidential Library in Boston that involved 30 participants from both Northern Ireland and South Africa. Consultant KLD Research & Analytics 1991 – 1993 (2 years) Research Project Director The Ford Foundation 1987 – 1988 (1 year) Designed and implemented a research project investigating the views of black South African trade union leaders regarding equity ownership schemes in a post-apartheid state. Relied upon extensive contacts made through anti-apartheid work, and collaborated with Padraig O’Malley in conducting in-depth, on-site interviews. Authored subsequent report, Discovering Union Voices: Corporate Disinvestment and Black South African Trade Unions, submitted to the Ford Foundation in 1988. Research Project Director Comptroller, State of New York 1986 – 1987 (1 year) Commissioned in 1986-1987 by Edward V. Regan, sole trustee of the New York State Common Retirement Fund, to investigate, analyze, and report on implications for practice of newly-passed legislation restricting investment activity in Northern Ireland (the “McBride Principles”). Collaborated with Padraig O’Malley in conducting numerous structured, in-depth interviews with a wide array of officials, community leaders, and political actors in Northern Ireland on impact of McBride Principles within Northern Ireland’s cultural, economic, and political environment. Authored Survey of U.S. Corporations’ Employment Policies and Practices in Northern Ireland, released by the New York State Common Retirement Fund in 1987. President, Social Investment Services Division Mitchell Investment Management Company October 1983 – July 1987 (3 years 10 months) Conducted corporate equity research for fledgling social responsibility mutual fund, with two former Harvard deans (Education, Law) as trustees. Developed, implemented social screens on a range of issues. Provided ethical investing, corporate social responsibility strategy services, especially re: South Africa but also Northern Ireland. Designed innovative model for corporate disinvestment resulting in black South African employee ownership, management participation, and community funding. Clients included corporations, legislative and anti-apartheid groups, public pension fund trustees. Performed numerous speaking engagements throughout nation, particularly before state and local legislative bodies, pension funds, endowments, and academic institutions. Cultivated and served as popular source for national media network on ethical investing and South Africa-related investment topics, including “dollar tallies” and corporate disinvestment “owners outcome scorecard” of companies affected. Senior Officer, Intergovernmental Relations, and Staff Associate to Superintendent Boston Public Schools August 1978 – June 1980 (1 year 11 months) Supervised 14-person staff, including managers of all externally funded projects; was legislative liaison with local, state, federal officials; initiated new programs. In a highly charged political and bureaucratic environment, reported to Superintendent Robert C. Wood with primary responsibility for strategic planning, design, and implementation of a comprehensive administrative reorganization and decentralization of the school system, in compliance with new statutory provisions and court-ordered desegregation goals. Helped School Department achieve historic compliance with affirmative action rulings. Was Superintendent’s primary designee to work with all nine parties to the school desegregation case presided over by Federal District Judge W. Arthur Garrity, Jr. Used this experience as basis for Harvard doctoral thesis which advanced the idea of “restorative law” as opposed to “remedial law”, including the restoration of public trust as well as rightful administrative authority. Staff Associate Goodmeasure, Inc. September 1976 – August 1978 (2 years) Provided research and consulting assistance to founding partners Rosabeth Moss Kanter and Barry Stein on corporate restructuring projects concentrating on productivity and innovation, especially related to workplace diversity. Provided research and analysis for a Ford Foundation-sponsored study of multi-foundation grantmaking to women's programs--which at that time was considered innovative. Founder / Director Project Mobility September 1975 – June 1976 (10 months) Designed, and directed a college-funded education and job development program for female clerical and factory workers. Associate New Dynamics Associates June 1972 – September 1975 (3 years 4 months) Conducted human relations sensitivity training on gender and racial inequality issues manifest in groups and organizations, for public, private, and non-profit clients. Co-Founder and Co-Director Women for Higher Education in New Hampshire (WHEN) July 1972 – August 1975 (3 years 2 months) Co-founded and co-directed a statewide empowerment program for single parent welfare recipients that focused on education, training, job placement, and retention. This involved outreach and partnership arrangements between New Hampshire's Division of Welfare and postsecondary institutions throughout the state. Designed, secured funding for, and managed experimental educational program for female ex-offenders, an offshoot of this program. COURSES Babson College Individualism and Philanthropy in Public Life Harvard Divinity School Morality, Media, and Money: Investing in the Civic Good (2930) Wealth, Power, and the Public Interest: Toward a New Stewardship Ethic SKILLS & EXPERTISE Most endorsed for... 20Corporate Social... 15Non-profits 9Sustainability 9Policy Analysis 5Ethics 4Public Policy 3Social Entrepreneurship 2Governance 1Project Management 1Higher Education Marcy also knows about... 1Entrepreneurship 1Analysis International... Sustainable Development Community Development Climate Change EDUCATION Harvard University Ed.D., Education / Law / Politics / Organizational Behavior 1975 – 1983 Harvard University Graduate School of Education Ed.D., Administration, Planning, Law, and Social Policy 1975 – 1983 Areas of concentration: organizational behavior and adaptive learning; higher education policy and practice; organized philanthropy and innovation; physical settings and organizational behavior; constitutional law, institutional governance, and public policy. Dissertation topic: Court Disengagement in the Boston Public Schools: Toward a Theory of Restorative Law, which examined the optimal conditions for restoring managerial authority to public agencies in a post-remedial regime. Thesis drew upon direct engagement with multiparty withdrawal efforts of Federal District Court Judge W. Arthur Garrity, Jr. in the high-profile Boston school desegregation case. Also, organized fellow doctoral students to promote HGSE responsiveness to those seeking careers in alternative forms of adult education; result was creation of “Field Experience Program” in 1977. Dean Paul N. Ylvisaker, advisor, along with Francis Keppel and Charles V. Willie. Antioch New England Graduate School, Antioch University Ed.M., Organizational Behavior + Management 1972 – 1974 Masters’ work developed an alternative model of adult education and training, drawing upon direct experience as co-founder and co-director of a statewide New Hampshire program aimed at personal development and economic self-sufficiency for (primarily female) welfare recipients. Albion College B.A., Religion, Art History 1967 – 1971 Academic work concentrated on interrelationships among religion, philosophy, art, literature, and politics. During 1969-1970 took third-year studies at the Institute for European Studies/University of Vienna in Vienna, Austria, concentrating primarily on German / Austrian art, literature, and philosophy. (Open)1 recommendation Russell Gonnering, MD, MMM, FACS, CPHQ Physician Strategist/Manager at ProActive Healthcare-USA, Physician Leadership and Change Management subgroup Although Marcy and I were students together, the basis of my recommendation is her current work on corporate responsibility. The working paper, 'The Accountability Web: Weaving Corporate Accountability and Interactive Technology', authored with...View RECOMMENDATIONS Received (1)Given (1) B.A. Albion College Russell Gonnering, MD, MMM, FACS, CPHQ Physician Strategist/Manager at ProActive Healthcare-USA, Physician Leadership and Change Management subgroup Although Marcy and I were students together, the basis of my recommendation is her current work on corporate responsibility. The working paper, 'The Accountability Web: Weaving Corporate Accountability and Interactive Technology', authored with Bill Baue, is a masterful and prescient work on the importance of social media in the production and maintaining of accountability...more August 24, 2010, Russell studied with Marcy at Albion College
MARCY MURNINGHAN | CSR Initiative, Mossavar-Rahmani Center for Business and Government, Kennedy School of Government, Harvard University

For more than 30 years, Marcy has concentrated on the application of scholarly and practical insights and integration of moral values into institutional governance and accountability from a variety of perspectives, including managerial, judicial, regulatory, political, and fiduciary. She has worked with Fortune 500 business corporations and complex public bureaucracies, as well institutional investors and nonprofit organizations. In 2009 she advised the Interfaith Center on Corporate Responsibility (ICCR) on the use of Web 2.0 technology, and the Global Reporting Initiative (GRI) on the growth of their American presence. Just before the market crashed in 2008, she and Bob Massie cofounded the Consultation on Sustainability and Transparency in the US (COST US), a nationwide network of leaders in the CSR, SRI, governance, and sustainability movement. The goal of COST US is to serve as a community of inquiry, practice, and advocacy, relying upon a blended model of virtual and face-to-face engagement. She has taught courses on philanthropy and 'morality, media, and money' at Babson College and Harvard Divinity School, where she also designed and carried out a research project on the spiritual values of CEOs in the media and financial services industries, and continues to find ways in which a “fiduciary ethic” of governance and accountability, rooted in institutional mission and values yet aimed at advancing prosperity and civic virtue, can be fulfilled. She especially is enthusiastic about how interactive technology can help further these aims.

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