(3BL Media/Justmeans) – New figures published in the UK by the Local Government Association (LGA) reveals that councils are currently providing temporary housing for 120,540 children with their families; a 37% increase since 2014. This is an increase of more than a third in over the last three years.
FROM THE EDITOR
Responsible Investment Adds “Social Bonds” to Ethical Finance Products Glossary
Add this term to your socially responsible investing vocabulary: “social bonds.” These are financial products aimed at addressing social issues such as access to education, crime, homelessness, and helping underserved communities and disadvantaged children. This market is small—just $3.5 billion of social bonds were issued in Q2 of this year—but the market is booming, according to the Financial Times. Data provider Dealogic reports that this was more than double the previous record, and the best quarter on record. FT states that the trend is “part of a wider shift by bond investors to follow in the footsteps of longstanding efforts to push for ethical investing.” For issuers, the ROI is clear: reaching new investors. Watch for standards to be settled (how to measure effectiveness?), then for this market to really take off.
John Howell, Editorial Director
ReportAlert: American Cleaning institute releases 4th Sustainability Report
News & Blogs
(3BL/JustMeans) Most chickens raised for meat in the US, called broiler chickens, live in horrendous conditions. All birds, including broiler chickens, are exempt from federal animal protection laws. Nearly all broiler chickens are housed in large sheds that contain 20,000 or more chickens. They are in very cramped quarters which leaves them unable to engage in normal and healthy chicken behaviors. Broiler chickens live in their own waste so ammonia irritates their eyes, throats and skin.
(3BL Media/Justmeans) – Sustainable infrastructure investments have a critical role to play in achieving the UN Sustainable Development Goals (SDGs). According to the Rockefeller Foundation, there is a $2.5 trillion annual funding gap in developing countries alone to achieve the SDGs.
(3BL Media/Justmeans) – Climate action is no longer limited only to the direction provided by a country’s policy makers. Private organizations are playing a proactive role, governed by economic and ethical imperatives and supported by investors, consumers and other stakeholders.
(3BL Media/Justmeans) - The genesis of the human-caused global warming goes back to the Industrial Revolution, with 1751 as the “official" year it began. Fast forward 237 years and we arrive at 1988, the year when climate change was officially recognised and the Intergovernmental Panel on Climate Change (IPCC) was created.
(3BL Media/Justmeans) - As the world’s forests remain under increasing pressure, therefore increasing climate change and driving animal extinction, the 10th anniversary of the Forest Stewardship Council certification is a timely reminder of the urgency to protect the planet's forest coverage in a smart, effective way.
(3BL Media/Justmeans) – GE Healthcare has just released a documentary called, ‘Heroines of Health,’ by Emmy-award winning filmmaker Lisa Russell.