Richard C. Ferlauto, member of the governing board of the 50/50 Climate Project and former deputy director of policy in the SEC's office of investor education and advocacy, died Monday. He was 60.
Mr. Ferlauto was considered a pioneer in socially responsible investing and was the co-founder of the 50/50 Climate Project, a not-for-profit resource for institutional investors focused on increasing the climate competency of boards of directors of large publicly traded companies.
From 2010 to 2014, Mr. Ferlauto was deputy director of policy in the Securities and Exchange Commission's office of investor education and advocacy, and was previously director of corporate governance and public pension programs at the American Federation of State, County and Municipal Employees, overseeing the corporate governance activities of the $1 billion AFSCME Employees Pension Plan, Washington.
“I've known Rich for over two decades, and though I only saw him infrequently, I can say that he was one of the most cheerful, optimistic, vigilant warriors for worker justice, good corporate governance and retirement security that I've ever met,” said Tom Croft, managing director of Heartland Capital Strategies, a responsible investing manager, and executive director of the Steel Valley Authority, in an emailed statement.
In lieu of flowers, the family requests donations to Temple Rodef Shalom's Tikkun Olam/Social Action Fund, 2100 Westmoreland St., Falls Church, VA 22043 or on the temple's website. A memorial service will be announced soon.