Economic Empowerment CSR News

Front Line Financial Inclusion: Whole Planet Field Officer Appreciation Award – Asia/Pacific

Blog

“Microfinance has always been a high-touch business, with personal contact playing an indispensable role in the delivery of financial services for low-income clients. Human relationships and values like trust and empathy are crucial in determining whether a microfinance institution (MFI) will be able to grow and remain sustainable.

Comerica Bank Receives Cornerstone Award For Financial Education Program

Press Release

May 10, 2019 /3BL Media/ — The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, presented a Cornerstone Award to Dallas-based Comerica Bank for its Gift of Knowledge project. Kevin Mondy, president and executive director of Project Still I Rise, accepted the award at the Texas Bankers Association’s 135th Annual Convention at the Fairmont in Austin.

PayPal Celebrates the Big Impact of Small Loans During Small Business Month

Multimedia with summary

For the 2nd year, PayPal is designating the month of May as PayPal Small Business Month, taking the full month to celebrate, empower and educate entrepreneurs across the country. Making financial services accessible to all is a key part of PayPal’s mission as a company and a central part of achieving that goal is helping the underserved. PayPal Small Business Month brings this mission to life by engaging with underserved entrepreneurs.

Sacramento Homeownership to Get $6 Million Boost

NeighborhoodLIFT® program will offer $20,000 down payment assistance grants and homebuyer education for eligible Sacramento County and West Sacramento residents; special parameters for veterans, military, teachers and first responders
Press Release

SACRAMENTO, Calif., May 1, 2019 /3BL Media/– Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its local network member, NeighborWorks HomeOwnership Center Sacramento Region, today announced an additional $6 million donation by Wells Fargo to boost homeownership through the NeighborhoodLIFT® program for Sacramento County and the city of West Sacramento.

PayPal’s 2018 Global Impact Report

By Dan Schulman, President and CEO, PayPal
Blog

At PayPal, we are focused on creating inclusive economic opportunities for as many people and as many businesses as possible. We strive to create a world where everyone has access to the tools, resources, and opportunities they need to improve their financial health and participate in the global economy. To fulfill our mission, we work to maximize the positive impact of our business and to be a responsible, transparent, and sustainable corporate citizen on behalf of all of our stakeholders. And, we take these commitments seriously.

Bayer and Fair Planet Renew Commitment to Improve Access to Seeds in Ethiopia

Five-year renewal aims to improve food and nutrition security, provide economic opportunities for smallholder farmers in Ethiopia
Press Release

BERGSCHENHOEK, April 22, 2019 /3BL Media/ – Bayer has renewed its commitment to the “Bridging the Seed Gap” project for five years. The project, developed by the non-profit organization Fair Planet, facilitates smallholder farmers’ access to seeds of high-quality vegetable varieties suited to local growing conditions. Additional training on how to use these seeds sustainably and with minimal changes to traditional production practices helps the farmers improve their incomes based on significantly better harvests.

Business Call to Action Public Eye Q&A Series: Dutch Ministry of Foreign Affairs

BCtA partner perspectives on emerging trends and top priorities in the world of inclusive business
Article

Interview with Hans Docter, Director Sustainable Economic Development, Dutch Ministry of Foreign Affairs

There is consensus on the important role that private sector can and should play in development. What are the priorities for the Dutch Ministry of Foreign Affairs (Dutch MoFA) in 2019 and beyond in terms of engaging the private sector in its development initiatives?

How Financial Services Companies Can Advance Racial Equity and Create Business Growth

Press Release

April 17, 2019 /3BL Media/ — Historically, financial institutions in the United States have not served people of color effectively or fairly. Even today, people of color have less access to credit, pay higher interest rates for loans, and are less likely to receive venture capital funding as compared to their White counterparts. Serving these markets effectively is not only a moral imperative, but also an economic opportunity to enhance a company’s bottom line.

Duke Energy Renewables Constructs 200-MW Mesteño Wind Project in Texas

Summary: 
  • New project continues company’s wind expansion in Texas
  • Project will include some of the tallest wind turbines in U.S. – increasing wind energy production
Press Release
  • New project continues company’s wind expansion in Texas
  • Project will include some of the tallest wind turbines in U.S. – increasing wind energy production

Scotiabank Demonstrates ESG Progress and Launches New Strategy in 2018 Sustainable Business Report

Article

April 4, 2019 -- Scotiabank’s 2018 Sustainable Business Report is now available online, and includes the Bank’s new strategy on Sustainable Business focusing on four core priorities where the Bank can help make the biggest impact: Trust, Climate Change, Economic Inclusion and Young People.

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