Economic Empowerment CSR News

125 Advocates Join the Poverty Is Unnecessary Project

City of Austin, Texas Proclaims October 25th, 2018 as Poverty Is Unnecessary Day
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The Poverty Is Unnecessary Project includes Poverty Is Unnecessary Fund members donating $25,000 each to alleviate global poverty, and the 

Pulse Centers: Powering Her Potential with Whole Planet Foundation

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Whole Planet Foundation is proud to partner with Pulse Centers, the Gold Sponsor of its Annual Benefit & Auction taking place on October 25, 2018.  This party with a purpose celebrates the foundation’s global impact in 74 countries and aims to motivate more advocates to join its mission.

Consumers Energy Contributes $75,000 to Kellogg Foundation's Small Business Loan Fund

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by Natasha Blakely

In June, the W.K. Kellogg Foundation announced a new loan fund for small businesses in Battle Creek. The target was $10 million, with the foundation committed to matching each $1 given to the fund with $2. 

The fund moved another step closer to that final goal with a $75,000 contribution from Consumers Energy, presented in a ceremony on Wednesday.

Changing the World is Good Business

Jennifer Weston-Murphy, Associate Manager, Corporate Leadership
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The Fortune 2018 Change the World list features 57 companies that are doing well by doing good. These businesses are trying to fix big problems and make money while doing it. That’s right, it’s not a list about charity (though many of these companies also have charitable efforts). It’s about how business—one of the most scalable and sustainable engines we know of—is using its resources and expertise to tackle the biggest challenges.

Global Reporting Initiative Co-launches Impact Management Project

Global network of standard-setting organizations to accelerate widespread adoption of impact measurement and management
Press Release

October 10, 2018 /3BL Media/ - A group of leading global organizations, including the Global Reporting Initiative (GRI), have joined forces to create the Impact Management Project. This network is an unprecedented effort to develop methods to measure the environmental and social impacts of investment decisions. The goal is to align investment with sustainable business practices in order to achieve the Sustainable Development Goals (SDGs).

African Financial Technology Startups Move Beyond Payment Services

By Jake Bright, TechCrunch
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If mobile money was the first phase in the development of digital finance in Africa, the next phase of digital financial services on the continent will focus on lending, insurance and wealth management.

In “Beyond Payments: The Next Generation of Fintech Startups in Sub-Saharan Africa,” the venture capital firm Village Capital, and their reporting partner, PayPal, tip their hat to M-Pesa and mobile money in Africa, but say that there’s a wave of innovation still to come.

Continue reading on TechCrunch

Making Clean Water More Accessible by Equipping African Entrepreneurs With Resources and Expertise

A social enterprise is financing and training young people in Africa to grow their own business from the ground up and make clean drinking water available to their local communities.
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Jibu, a business that supports the self-empowerment of low income communities, joins Business Call to Action (BCtA) with a commitment to equip, train and finance 1,000 African entrepreneurs to launch drinking water franchises that will produce two and a half million litres of affordable, safe water every day and serve three million consumers by 2022. 

CFE Fund and Wells Fargo Double Size of “Bank On” Fellowship to Help More Americans Reach Financial Goals

$1 Million grant will help boost banking access efforts for unbanked and underbanked
Press Release

NEW YORK, October 4, 2018 /3BL Media/ — More than 65 million people are outside of the mainstream financial system in the U.S, which means they are relying on high-fee alternatives and are not able to access basic financial needs like savings accounts, credit cards, or even a credit score.

Whole Planet Foundation Launches Annual Poverty Is Unnecessary Project

Partners commit $200,000 to alleviate global poverty through microcredit
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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 in communities around the world where the company sources products.  The Poverty Is Unnecessary Project spotlights Poverty Is Unnecessary Fund partners, who collectively are committed to donating $200,000 to alleviate poverty through microloans, and culminates in the foundation’s signature event of the year on October 25, known as Poverty is Unnecessary Da

Is Your Organization Ready to Transform? Reporting 3.0 Rolls Out Transformation Journey Program

Convenes Workshop Series focused on Sustainable Finance, hosted by ING in Amsterdam, John Hancock in Boston, and McMaster University in Toronto
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With increasing recognition of the imperative for companies and investors to transform their business models in order to generate sustainable returns while achieving the Paris Agreement and Sustainable Development Goals, there’s greater need for a “transformation blueprint.” Responding to this need, Reporting 3.0 is rolling out the Transformation Journey Program (TJP), based on our Transformation Journey Blueprint, in Workshop Series in Euro

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