NEW YORK, April 2, 2020 /3BL Media/ -- CIT Group Inc. (NYSE: CIT) has provided critical financing for its client Aria Designs to help it procure millions of advanced N95 surgical masks that will protect medical professionals battling the COVID-19 pandemic.
Norges Bank press for companies to improve and increase ESG disclosures
March 4, 2020 /3BL Media/ - A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and governance (ESG) issues’.
We believe that over the next 10 years, effective CSR initiatives of purpose-driven companies will be characterized by three principles: business alignment, user-centricity and co-creation.
Corporate social responsibility—the practice of companies holding themselves accountable to serve a social purpose and make a positive impact—was not always the main focus of business leaders. Channel some profits into philanthropy, it was thought, and you’ve checked the CSR box.
A new tool offers cities tailored options for driving dynamic growth and an inclusive economy
The U.S. economy is continuing the continuing the longest expansion in history — unemployment is at record lows and wages are creeping up, but national averages can hide a lot of variety. Local policymakers in struggling cities certainly know this, as do regional planners. In many big cities, jobs are growing, but wages are declining as low-wage occupations dominate; in others, jobs are disappearing. Even boom towns have their own set of issues, from rising housing costs to growing inequality. And then there’s the perennial worry—how long will it last?
CalSTRS CEO Jack Ehnes at the GRI Reporters’ Summit in Arizona
GRI continues to deliver the most effective global sustainability standards, while it is focused on doing even more to support companies to provide high quality, accessible and impactful reporting.
That was a key message from Jack Ehnes – Vice Chair of the GRI Board, and CEO of CalSTRS (California State Teachers’ Retirement System) – as he addressed the GRI Reporters’ Summit in Arizona, USA, yesterday.
Bank also commits $20 million with Fallbrook Multifamily as partner
CHICAGO, January 29, 2020 /3BL Media/ — Fifth Third Bank, National Association, announced today that Chicago-based Decennial Group will serve as a partner to help it invest $30 million in Qualified Opportunity Zones as part of its $100 million commitment announced last Friday. The funds will be used to develop projects in low-income urban and rural communities within the Bank’s footprint. The $100 million investment by Fifth Third Bank represents one of the largest made by an institution with a social impact investment strategy in Opportunity Zones.