Sustainable Growth CSR News

First-of-its-kind Report Finds U.S. Banking Sector Far More Exposed to Climate Risk Than Previously Understood by Stakeholders, Disclosed by Banks

Press Release

More than half of syndicated lending of major U.S. banks is exposed to climate risk, potentially leading to significant losses for the banking sector and the broader economy.

Calls grow louder for U.S. banks to set Paris-aligned emissions reduction targets in the coming year.

Idris and Sabrina Elba Are Calling for Investments in Rural Agriculture to Fight Rising Hunger

Summary: 

The theme of this year’s World Food Day on Oct. 16 is “Grow, Nourish, Sustain. Together.” The International Fund for Agricultural Development (IFAD) is leading the global effort to empower farmers to end hunger. You can join us in taking action to support IFAD here.

Blog

The theme of this year’s World Food Day on Oct. 16 is “Grow, Nourish, Sustain. Together.” The International Fund for Agricultural Development (IFAD) is leading the global effort to empower farmers to end hunger. You can join us in taking action to support IFAD here.

AB InBev, Denmark and WWF Partner on Water Conservation in Cape Town

Article

Two summers ago, Cape Town’s ‘Day Zero’ drought highlighted the importance of looking after our water resources for the future. Today, we are pleased to announce a two-year sponsorship by the Danish government towards initiatives to help ensure that the city’s groundwater supply is managed sustainably into the future.

Four Things Governments Can Do to Attract More Renewable Energy Investment

By Jakob Askou Bøss, Senior Vice President for Corporate Strategy and Stakeholder Relations, Ørsted and Jennifer Layke, Director of Global Energy Program, World Resources Institute
Summary: 

The technologies and the capital are available to accelerate the green energy transition, but the global transformation from fossil fuels to clean energy is not moving forward quickly enough. Governments need to adjust their institutional and regulatory framework to pave the way for the necessary private investments to get the job done.

Article

The technologies and the capital are available to accelerate the green energy transition, but the global transformation from fossil fuels to clean energy is not moving forward quickly enough. Governments need to adjust their institutional and regulatory framework to pave the way for the necessary private investments to get the job done.

Whole Planet Foundation Launches Annual Poverty Is Unnecessary Project

Online Auction to alleviate global poverty through microcredit
Blog

This October, Whole Planet Foundation celebrates its global impact on poverty and the partners who further its mission. In 2005, Whole Foods Market launched Whole Planet Foundation, its non-profit dedicated to global poverty alleviation through microcredit in communities around the world where the company sources products.  The Poverty is Unnecessary Project spotlights Poverty is Unnecessary Fund supplier partners who collectively are committed to donating $250,000 and culminates in the foundation’s signature Annual Benefit and Auction via an online format. 

Key Takeaways From Climate Week: The Business Case for Climate Justice

Blog

In the context of the news this week, we find ourselves in another pivotal moment. Not only is it Climate Week, but the U.S. faced yet another racial injustice in Breonna Taylor’s court ruling. Today’s newsletter addresses these issues and how they, and so many other issues of today, intersect.

Whole Planet Foundation and Microfinance Partners Respond to the COVID-19 Crisis: Update

by Daniel Zoltani, Global Programs Director
Blog

In March, I wrote the blog Whole Planet Foundation and Microfinance Partners Respond to the COVID-19 Crisis around how those living in poverty are already in a more vulnerable position, which can be further exacerbated during any external shock such as war, earthquakes, droughts or health crises.

New SEC Rule Will Impair Investors' Ability To Manage Risk at a Time of Mounting Systemic Risks

Press Release

At a time when the climate crisis and other systemic risks loom over the economy, the U.S. Securities and Exchange Commission’s 3-to-2 vote today amending its rule on shareholder proposals would make it harder for investors to manage the financial risks associated with these trends.
 

CEOs, Make Sure Your Employees Aren't Struggling To Get By

by Paul Tudor Jones and Dan Schulman
Article
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays. This was disappointing and surprising, but provides a valuable lesson to other leaders: Although PayPal's internal analysis showed that it paid at or above market value for each of its employees, the wages were not always sufficient for many families.
 

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