Sustainable Growth CSR News

Ecolab's 2030 Impact Goals Advance Sustainable and Productive Operations to Help Industry Achieve Greater Purpose

New goals will drive further ambitious progress on water, carbon, food safety and public health
Press Release

ST. PAUL, Minn., July 15, 2020  /3BL Media/ – By 2030, there will be an additional billion people in the world, placing greater demand on natural resources. To help companies sustainably address growing demand, Ecolab Inc. has launched its ambitious 2030 Impact Goals to significantly increase the company’s positive impact within its own operations and through its work with customers.

Wells Fargo Launches $400 Million Small Business Recovery Effort

The company donates all processing fees from Paycheck Protection Program to nonprofits helping entrepreneurs, minority-owned businesses
Press Release

SAN FRANCISCO, July 9, 2020 /3BL Media/ – Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled today the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild.

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.

As Deforestation Escalates in the Amazon, Ceres Releases Major New Investor Framework to Drive Urgent Corporate Action

Press Release

New research shows commodity-driven deforestation is associated with five percent of global emissions; and deforestation in Amazon rose 50 percent in the first four months of 2020 as the economy began to collapse 

New Ceres’ Investor Guide to Deforestation and Climate Change calls on investors to tackle deforestation risks at same scale and speed they bring to broader portfolio-wide climate risks

Weathering the Storm - Where Strong ESG Performance Counts

by Catherine Harris - Head of CR + Sustainability, USA
Summary: 

As we start to transition into a new phase of recovery, our attention is turning to the question of what sustainability will look like – and what role it will have to play in a post-COVID world. 

Article

As we start to transition into a new phase of recovery, our attention is turning to the question of what sustainability will look like – and what role it will have to play in a post-COVID world. 

Need for Speed: Scaling up Participation in a Sustainable Economy

Blog

Over the past few years, as better data has made the risks and opportunities associated with climate change more apparent, investors and businesses have begun to invest in sustainable activities and rethink investment in fossil fuels.

Northern Trust Provides $100 Million in Small Business Support

Investment to back CDFIs deploying Paycheck Protection loans
Press Release

CHICAGO, May 11, 2020, /3BL Media/- Northern Trust Corporation (Nasdaq: NTRS) announced today it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP).

The Dow of Deception: Mark Tulay

Multimedia with summary

As the horrendous economic news continues to pile up, somehow stock prices keep bouncing back, leaving many of us scratching our heads. This week’s guest on Sea Change Radio tries to help us make sense of it all. Mark Tulay, a consultant and expert in the field of sustainable investing, breaks down how Wall St. can essentially ignore economic reality, and how the stock market paints a picture of economic health despite the tens of millions of Americans suddenly out of work. Will Wall St.

Global Environmental Expert Ma Jun: “Market-based Solutions Are the Best Way to Balance Economic Recovery and Climate Action.”

Multimedia with summary

As the globalization of manufacturing has accelerated over the past decade, it has become clear that the greatest share of a company’s environmental footprint is in its global supply chain. 

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