Finance & Investment CSR News

Ottawa's Spending Spree Was the Right Thing to Do, Economists Say

Blog

The federal government’s massive increase in spending in response to the COVID-19 pandemic is contributing to “substantially better” economic outcomes than would have been the case without those measures, while raising net debt levels only marginally over what they would have been, a new Scotiabank Economics report says.

The economic impact of the pandemic on households and businesses would also have been worse without the stimulus, with unemployment reaching 15% as opposed to the anticipated 13%, the report says.

Scotiabank Launches New Sustainable Finance Group Within its Global Banking and Markets Division

Press Release

TORONTO, July 2, 2020 /3BL Media/ - Recognizing its unique opportunity as a global financial organization to advance climate transition and promote sustainable economic growth, Scotiabank is pleased to announce the launch of a new Sustainable Finance Group within its Global Banking and Markets (GBM) division. The new team will further Scotiabank's Climate Commitments, announced in November 2019, to support clients in the transition to a low-carbon economy, decarbonize its own operations and contribute to the global conversation on climate change. 

COVID-19's Resurgence, Commercial Real Estate, and Tourism

By Carl R. Tannenbaum, Ryan James Boyle, Vaibhav Tandon
Summary: 

SUMMARY

  • The Coronavirus Breaks Containment
  • Space Available
  • The Cost of Staycations
Article

SUMMARY

  • The Coronavirus Breaks Containment
  • Space Available
  • The Cost of Staycations

Make a Difference & Support Veterans: Recycle Your Razors and Packaging for a Chance to Win a Playground* for a Military Medical Center

Gillette, CVS Pharmacy, Fisher House Foundation and TerraCycle Partner to Award a New Playground* to a Fisher House Location
Blog

TRENTON, N.J., July 1, 2020 /3BL Media/ -- International recycling leader, TerraCycle® has announced a national recycling initiative with Gillette, CVS Pharmacy® and Fisher House Foundation that calls upon CVS Pharmacy customers to recycle all brands of disposable razors, replaceable-blade cartridge units and razor plastic packaging to help win a playground* for a military medical center.

Do Something Amazing: Celebrate and Support Families in the United States with This Limited Time Matching Gift Opportunity

From today through July 7th, any donation you make up to $500 will be matched dollar for dollar!
Blog

As we get ready to celebrate 4th of July, let’s do something to celebrate and support families in our country. When we work together, we can accomplish anything. Will you join America's Charities, our nonprofit member Operation Warm, and your neighbors in providing warm coats to your community?

Xylem Closes $1 Billion Inaugural Green Bond

Summary: 
  • Proceeds will fund eligible projects under Green Finance Framework
  • Further enhances strong liquidity position, adds flexibility at attractive rates
  • Builds on sustainability track record and recognized sustainability leadership in sector
Press Release
  • Proceeds will fund eligible projects under Green Finance Framework
  • Further enhances strong liquidity position, adds flexibility at attractive rates
  • Builds on sustainability track record and recognized sustainability leadership in sector

Behind Every Rapid Response Is a Strong Regulatory Strategy

by Christa Myers, Process Engineer, and Marc Pelletier, PhD, Process Specialist
Blog

During a global pandemic, the pharmaceutical industry must juggle the need for speed and the need to protect patient safety. A strong regulatory strategy makes it possible to accelerate drug development without getting slowed down by compliance considerations. 

Comerica's Corporate Responsibility Report Outlines Progress in Key ESG Topics

Press Release

DALLAS, June 30, 2020 /3BL Media/ - Comerica Incorporated (NYSE: CMA) announced the release of its latest Corporate Responsibility Report, which is now featured on comerica.com/sustainability.

How Investors Can Help Make the 2020s a Decade of Climate Action

Commit, report and drive change in your portfolio companies. Here are tools to help align your investments with the 1.5°C scenario and accelerate the transition to a low-carbon economy.
Press Release

The world must halve carbon emissions by 2030 to stay below 1.5°C of global warming and avoid catastrophic climate change. That requires transitioning to a low-carbon economy as nearly three-fourths of global carbon emissions arise from use of fossil fuels. The COVID-19 pandemic has added to the challenge of meeting these formidable goals but is also a historic opportunity to build back better. 

As Deforestation Escalates in the Amazon, Ceres Releases Major New Investor Framework to Drive Urgent Corporate Action

Press Release

New research shows commodity-driven deforestation is associated with five percent of global emissions; and deforestation in Amazon rose 50 percent in the first four months of 2020 as the economy began to collapse 

New Ceres’ Investor Guide to Deforestation and Climate Change calls on investors to tackle deforestation risks at same scale and speed they bring to broader portfolio-wide climate risks

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