Impact Investing CSR News

Scotiabank to Mobilize $100 Billion by 2025 to Support the Transition to a Lower-carbon and More Resilient Economy

Scotiabank's Climate Commitments to focus on a broad range of opportunities and initiatives across its business lines and operations
Press Release

TORONTO, Nov. 14, 2019 /3BL Media/ - Recognizing the critical role that the financial services sector plays in the transition to a low-carbon, more resilient and prosperous future, Scotiabank today announced its Climate Commitments to support clients in the transition to a low-carbon economy and decarbonize its own operations.

Scotiabank's five commitments, detailed in a public position statement on the Bank's website, are:

United Airlines Launches New Crowdsourcing Platform to Donate Miles to Charity

Press Release

CHICAGO, October 28, 2019 /3BL Media/ Today, United Airlines announced the launch of Miles on a Mission, a first-of-its-kind crowdsourcing platform that gives customers a simple, easy way to donate miles to non-profit organizations and charities in need of air travel. The company has selected 12 launch partners and MileagePlus members can now visit united.com/donate to make contributions to organizations like the Transplant Life Foundation, OperationUSA and Waves for Water.

Benevity Announces $40M in Series C Funding From General Atlantic and JMI Equity

Investment Will Further Benevity’s Unmatched Reach and Innovation in Burgeoning Corporate Purpose Technology Sector
Press Release

CALGARY, Alberta, October 22, 2019 /3BL Media/– Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today announced that the company has raised $40M in Series C Funding from General Atlantic and JMI Equity.

Scotiabank Women Initiative Commits $3 Billion to Women-led Businesses

Multimedia with summary

The Scotiabank Women Initiative is prioritizing equality by making change happen for women entrepreneurs. We launched the program on December 5, 2018, and on September 25, 2019, the program announced it will allocate $3 billion in funding to women-led business in Canada over its first three years.

Morgan Stanley Survey Finds Investor Enthusiasm for Sustainable Investing at an All-Time High

Summary: 

• 85% of U.S. individual investors now express interest in sustainable investing strategies. 

• As the market matures, individual investors seek more product choices that match their interests and impact measurement capabilities. 

Press Release

• 85% of U.S. individual investors now express interest in sustainable investing strategies. 

• As the market matures, individual investors seek more product choices that match their interests and impact measurement capabilities. 

Whole Planet Foundation Launches Annual Poverty Is Unnecessary Project

Partners commit $275,000 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.

United Nations Global Compact Launches Network of Chief Financial Officers to Direct Funds Towards Sustainable Development Goals

Growing momentum for sustainable finance as world leaders meet for UN General Assembly
Press Release

UNITED NATIONS, September 27, 2019 /3BL Media/— The United Nations Global Compact has launched the first network for Chief Financial Officers focused on advancing the Sustainable Development Goals through corporate strategy and investments.

Financial Literacy and Support - Aligning Community Impact With the Sustainable Development Goals

Blog

Financial stability for individuals and families is a key factor underpinning achievement of many of the Sustainable Development Goals including SDGs 1, 2, 3, 4, 5, 6, 7, 8 and 10.

For those living without financial stability, the absence of the essential habits to get on the path to financial stability can be the biggest barrier to success. The road to financial empowerment includes personal financial skills development through example and experience.

Moody’s Ari Lehavi Speaks on Lending to Small Business Owners

Article

Ari Lehavi, Executive Director at Moody’s Analytics, spoke on a panel at Aspen Network of Developing Entrepreneurs’ (ANDE’s) annual conference in September, on ways to support small and growing businesses in emerging markets.

ANDE’s conferences and convenings bring together investors, capacity development providers, foundations, banks, corporations, DFIs and research institutions focused on helping small and growing businesses.

Here's to 30 Years!

Press Release

September 24, 2019 /3BL Media/ We welcome you to join Ceres as we mark our 30th anniversary on Monday, October 21 in New York City with a special celebration and sustainably-sourced dinner at Pier Sixty. You'll hear from distinguished honorees and gain exclusive access to some of the most influential investor, corporate and capital market leaders.

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