Social Finance CSR News

Passion vs. Purpose in Leadership: Which Do You Need Most?

Blog

“Passion is energy. Feel the power that comes from focusing on what excites you.” Oprah Winfrey

“The purpose of life is not to be happy. It is to be useful, to be honorable, to be compassionate, and to have it make some difference that you have lived and lived well.” Ralph Waldo Emerson

Finance Sector Discovers Social Purpose

by John Howell, Editorial Director & VP of Content, 3BL Media
Blog

We may be heading into the cold, dark days of winter, but my inbox has been glowing red-hot with a blast of news about sustainable finance. Updates are coming from every area of the category, from giant global entities to funds offering niche investment products, and services aimed at millennials and women. The volume and the variety of this news demonstrate that ESG-driven metrics are now becoming widely accepted as material factors in mainstream investment decision-making.

Orlando Homeownership to Get $6.3 Million Boost

NeighborhoodLIFT program will offer homebuyer education plus $15,000 down payment assistance grants available for eligible homebuyers in Lake, Orange, Osceola and Seminole counties; special parameters for veterans, military, teachers and first responders
Press Release

ORLANDO, Fla., November 14, 2018 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America, Orlando Neighborhood Improvement Corporation (ONIC), and Neighborhood Housing Services of South Florida (NHSSF) today announced the NeighborhoodLIFT® program will launch for Lake, Orange, Osceola and Seminole counties with a $6.3 million commitment by Wells Fargo to boost local homeownership.

Humana Foundation Invests $1.16 Million in Tampa Bay and Broward County, Fla. through Strategic Community Investment Program

Blog

The Humana Foundation is investing $1.16 million to address social determinants of health in two Florida communities – Tampa Bay and Broward County. This is in addition to a $820,000 Humana Foundation grant in Jacksonville, funding a University of Florida program to promote social connections and food security in local seniors.

KeyBank Finances New Development of Mixed-Use Property Serving the Homeless and Individuals with Sensory and Mobility Impairments

Press Release

CLEVELAND, November 7, 2018 /3BL Media/ — KeyBank Community Development Lending & Investment (CDLI) provided Cook Inlet Housing Authority (CIHA) $6.9 million in combined construction-to-permanent loan financing for the development of Elizabeth Place Apartments, along with $5.8 million in LIHTC equity. Elizabeth Place Apartments will be a mixed-use project in downtown Anchorage, AK with commercial space and 38 units of affordable housing for those earning between 50 – 60% area median income (AMI).  The project will also have 12 market rate units.

Microfinance Helping Micro, Small and Agro-businesses Grow in Kazakhstan

Flexible lending conditions and mobile loan eligibility assessment app making small loans possible for small businesses and entrepreneurs in Kazakhstan, particularly in rural areas
Press Release

ALMATY, Kazakhstan, October 31, 2018 /3BL Media/ – KMF, a Kazakhstan-based microfinance organization, joins Business Call to Action (BCtA) with a commitment to expand access to financial products and services for 40,000 new micro-, small- and agrobusiness customers across Kazakhstan by the end of 2018. KMF also commits to ensuring at least half of its new clients will be women, and will actively engage potential clients from rural areas.  

Partners In Preservation: Main Streets Awards $2 Million in Preservation Grants to Sites Reflecting America’s Diverse History

Press Release

October 29, 2018 /3BL Media/ — Today, American Express, the National Trust for Historic Preservation and Main Street America announced the winners of the 2018 Partners in Preservation: Main Streets campaign. The 11 winning historic sites will receive a total of $1.6 million in grants to fund their respective preservation projects.

Advancing the Long-Termism Movement: The Strategic Investor Initiative's CEO Investor Forum

SII Vantage Point Volume 2, Issue 6: Emerging Practices in Long-Term Plans and Measuring Their Impact
Newsletter

In an effort to update corporate leaders and investors on the latest trends and research, the National Investor Relations Institute (NIRI) and the Strategic Investor Initiative (SII) will hold a joint webinar called “Changing the Conversation: Sharing Your Company’s Long-Term Plans.” The online event will take place on November 15, 2018 at 2:00 PM, Eastern time and will address three central themes:

VIDEO | Barclays Citizenship Awards: Fraud Fighter Development Team

Multimedia with summary

Digital fraud is growing and 73% of customers report they need to do more to protect themselves but don’t know what. In response, the Marketing and Fraud Prevention teams at Barclays worked together to research the problem and developed a digital interactive tool to help customers. The resulting Fraud Fighter tool gives personalized fraud prevention tips and an overall ‘fraud safe’ score.

Barclays Citizenship Awards

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