Sustainable Finance 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:

Withdrawing From Paris Agreement Will Hurt U.S. Economy and Communities Around the World

Press Release

November 5, 2019 /3BL Media/ - The Trump administration formally set in motion its plans to officially withdraw from the Paris Agreement, a step that is in stark contrast to the interests of thousands of investors and companies that have called for the U.S. to remain in the landmark accord and one that puts the U.S. at a significant disadvantage as the only country in the world not participating in the global pact, said the sustainability nonprofit organization Ceres. 

Entrepreneurs and the Racial Wealth Divide: A Q&A With Jessica Norwood

Article

African American entrepreneurs have a significantly harder time than their white counterparts do in securing funding from friends and family to launch their businesses. Entrepreneur Jessica Norwood founded the Runway Project to help them get the seed funding they need to get off the ground. She talked with the Erb Institute about how this approach both enables these entrepreneurs and benefits the broader business community.

Why did you start the Runway Project?

The Inaugural Global Inclusive Growth Summit

There is a pressing need to address how the digital economy can be put to work for everyone, everywhere
Press Release

WASHINGTON, D.C., October 18, 2019 /3BL Media/ -- Co-hosted by the Aspen Institute and the Mastercard Center for Inclusive Growth, the new convening will examine opportunities to advance equitable and sustainable economic growth. At a time of rapid technological change, there is a pressing need to address how the digital economy can be put to work for everyone, everywhere.

PepsiCo Prices US$1 Billion Green Bond to Fund Key Sustainability Initiatives

Names First Chief Sustainability Officer as Company Advances Agenda to Help Build a More Sustainable Food System
Press Release

PURCHASE, N.Y., Oct. 7, 2019 /3BL Media/ -- PepsiCo Inc. (NASDAQ:PEP) today announced that it has priced the company's first ever Green Bond. The net proceeds from the US$1 billion Green Bond offering will fund a series of key initiatives to advance PepsiCo's sustainability agenda. The company also announced that it has named PepsiCo leader Simon Lowden as its first Chief Sustainability Officer.

Favorable Winds for Corporate Purpose During UN General Assembly Week

By Sarah Bostwick Stromoski, Manager, CEO Leadership & Investor Engagement, CECP
Blog

With the recent Business Roundtable statement and the Financial Times’ series on expanding corporate purpose beyond short-term shareholder value, there was plenty of momentum  going into United Nations (UN) General Assembly and Climate Week. Several events and discussions addressed the private sector’s role in driving progress towards the Sustainable Development Goals (SDGs).

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. 

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.

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.

Chris Martenson: Dow Obsession Syndrome

Multimedia with summary

The Dow Jones Industrial Average. What does this omnipresent ticker in the corner of our TV screens really mean? Is it a gauge of our country’s economic health, an indication of corporate growth, or something else? This week on Sea Change Radio, we discuss the Dow and the stock market as a whole with economic researcher Chris Martenson.

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