Socially Responsible Investing CSR News

To Drive Financial Inclusion, Businesses and Nonprofits Must Come Together, Says This Executive

Words by Amy Brown
Article

For Theresa Bedeau, senior manager for community development banking at Capital One, the racial wealth gap is not some distant concept — it’s personal. 

Shining the Global Spotlight on Women-Led Startups

Blog

After using different forms of contraception for a decade, Marina Pavlovic Rivas was fed up with the various side effects and looking for a better option. She wanted something non-invasive, without hormones but still reliable. Her search came up empty.

So, Pavlovic looked to create her own solution with her partner Thomas Cortina and, last summer, Eli Health was born.

Whole Planet Foundation Virtual 5K Raises $63,000 for Low-Income Entrepreneurs

Blog

Fifteen hundred participants joined Whole Planet Foundation’s Power Your Purpose Virtual 5K to run, walk, bike or move for microcredit.  Registration fees, donations and sponsorships from this online event will fund more than 360 microcredit loans through Whole Planet Foundation, creating 1,900 opportunities for low-income entrepreneurs and their family members to change their own lives through entrepreneurship.

#BacktheFrontline: Joe Wolk, Executive Vice President, Chief Financial Officer, Johnson & Johnson

Multimedia with summary

Accelerated innovation. Resources in the hands of health workers. Profit returned to the frontline.

Learn more about how we #BackTheFrontline by investing in innovators developing scalable solutions to COVID-19 from Johnson & Johnson Impact Ventures Chair Joe Wolk.

Follow along with us on @JNJGlobalHealth on Twitter and/or Instagram to hear from our leaders, employees and partners around the world about how YOU can meaningfully contribute.

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. 

$1.2 Million Awarded to Hitzke Development and Bridge Housing Partners to Build Affordable Housing for Veterans

Press Release

SAN DIEGO, June 25, 2020 /3BL Media/– LISC San Diego announced today that $1.2 million has been awarded to Hitzke Development and BRIDGE Housing Partners for pre-development on the Tranquility at Post 310 new construction project.

Tranquility at Post 310 is a 43-unit veterans development located at the site of the current American Legion Hall Post 310 in the emerging neighborhood of Southeastern San Diego.

Whole Planet Foundation Partners with Hope for Haiti in Power Your Purpose Virtual 5K

Whole Planet Foundation is grateful to our partners and participants who are mobilizing to support microentrepreneurs around the world on June 27th!
Blog

Pivoting from a physical 5K Run in Austin, Texas to an online event due to COVID-19 has meant partners like Hope for Haiti are joining Whole Planet Foundation from a safe distance to alleviate poverty through microcredit around the globe.  On average, microcredit loans are less than $200 and enable low-income entrepreneurs, mostly women, to start or develop their own small businesses to support their families.  For the past 5 years, Hope for Haiti has been investing in Haitian economy by making nearly $1 million in grants and loans to support Haitian entrepreneurs and social businesses. 

Climate Action 100+ Investor Signatories Achieve Major Gains During 2020 U.S. Proxy Season

Corporate lobbying, governance proposals receive record levels of shareholder support at virtual annual general meetings and help to advance initiative’s aims
Press Release

June 23, 2020 /3BL Media/  - Proposals filed by Climate Action 100+ investor signatories calling on major oil and electric power companies to disclose lobbying activities and improve governance on climate change garnered record levels of support at this year’s U.S. Proxy Season. 

How Can Successful Stewardship Be Meaningfully Reported?

Based on a roundtable discussion attended by asset owners, investment consultants, asset managers, civil society leaders and regulators
Article

This whitepaper captures the discussion from a roundtable, convened by Helen Pradas-Page on 3 March 2020, under Chatham House rules, where we asked the question ‘How Can Successful Stewardship be Meaningfully Reported?'

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