Economic Empowerment CSR News

Cox Enterprise's Techstars Social Impact Makes Major Shift

Blog

Recently, Cox Enterprises announced the 2021 class of the Cox Enterprises Social Impact Accelerator powered by Techstars, now in its second year, will shift its focus to support for-profit companies that are addressing social justice and systemic racism issues. The three-month program will provide hands-on mentoring, funding and global connections to 10 for-profit, mission-driven companies.

Whole Foods Market Nonprofit Foundations Launch Fundraising Campaign to Support Local and Global Communities

Shoppers and suppliers alleviate poverty, improve children’s nutrition and expand healthy food access and nutrition education
Press Release

Whole Foods Market’s three philanthropic Foundations have combined forces to kick off the Communities Campaign today, a two-week drive to raise awareness and funds, enabling shoppers to join the retailer in efforts to alleviate global poverty, improve children’s nutrition and increase healthy food access in communities facing barriers. 

Four Things Governments Can Do to Attract More Renewable Energy Investment

By Jakob Askou Bøss, Senior Vice President for Corporate Strategy and Stakeholder Relations, Ørsted and Jennifer Layke, Director of Global Energy Program, World Resources Institute
Summary: 

The technologies and the capital are available to accelerate the green energy transition, but the global transformation from fossil fuels to clean energy is not moving forward quickly enough. Governments need to adjust their institutional and regulatory framework to pave the way for the necessary private investments to get the job done.

Article

The technologies and the capital are available to accelerate the green energy transition, but the global transformation from fossil fuels to clean energy is not moving forward quickly enough. Governments need to adjust their institutional and regulatory framework to pave the way for the necessary private investments to get the job done.

Whole Planet Foundation Launches Annual Poverty Is Unnecessary Project

Online Auction to alleviate global poverty through microcredit
Blog

This October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission. In 2005, Whole Foods Market launched Whole Planet Foundation, its non-profit dedicated to global poverty alleviation through microcredit in communities around the world where the company sources products.  The Poverty is Unnecessary Project spotlights Poverty is Unnecessary Fund supplier partners who collectively are committed to donating $250,000 and culminates in the foundation’s signature Annual Benefit and Auction via an online format. 

Scotiabank Backs Efforts to Support Black-Led Businesses

Blog

In the latest in a series of efforts to support Black-led businesses and Black communities, Scotiabank is proud to support the Government of Canada’s Black Entrepreneurship Program announced on Wednesday. The partnership between the Federal Government, Scotiabank and other Canadian financial institutions will ultimately collectively commit up to $128 million in lending capital for the program’s Black Entrepreneurship Fund. 

Key Takeaways From Climate Week: The Business Case for Climate Justice

Blog

In the context of the news this week, we find ourselves in another pivotal moment. Not only is it Climate Week, but the U.S. faced yet another racial injustice in Breonna Taylor’s court ruling. Today’s newsletter addresses these issues and how they, and so many other issues of today, intersect.

Celebrating the Growth of Our Latino Communities

Herbalife Nutrition celebrates Hispanic Heritage Month
Blog

If the value of all goods and services produced by the Latino community in the U.S. were a standalone economy, it would be the 7th largest in the world. Today, there are 4.37 million Hispanic-owned businesses in the U.S., which contribute more than $700 billion to the economy annually, according to the U.S. Hispanic Chamber of Commerce. These businesses have provided almost 2.7 million jobs to U.S. workers.

Whole Planet Foundation and Microfinance Partners Respond to the COVID-19 Crisis: Update

by Daniel Zoltani, Global Programs Director
Blog

In March, I wrote the blog Whole Planet Foundation and Microfinance Partners Respond to the COVID-19 Crisis around how those living in poverty are already in a more vulnerable position, which can be further exacerbated during any external shock such as war, earthquakes, droughts or health crises.

CEOs, Make Sure Your Employees Aren't Struggling To Get By

by Paul Tudor Jones and Dan Schulman
Article
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays. This was disappointing and surprising, but provides a valuable lesson to other leaders: Although PayPal's internal analysis showed that it paid at or above market value for each of its employees, the wages were not always sufficient for many families.
 

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