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.
Supporting the growth of small businesses everywhere is one of the many way FedEx invests its charitable resources. The COVID-19 pandemic has negatively impacted thousands of entrepreneurs, especially when it comes to getting access to capital funding. That’s why FedEx is collaborating with nonprofits like Acción, one of the world’s leading global microfinance organizations. In Brazil, FedEx is helping support financial technology start-ups, often called fintech, through the Acción Venture Lab.
The consequences of global climate change are not a distant problem. They are real and plainly visible today. Raging wildfires are once again devastating forests across the Western United States, with smoke spreading east across the continent, causing unhealthy or hazardous air quality for millions. Just last month, monsoons wreaked havoc in India as a year’s worth of rain fell in just one month. History shows that it is the world’s poorest and most disadvantaged communities that bear the brunt of the financial blow that often accompanies climate events.
Furthering longstanding financial inclusion efforts to bring more people and small businesses into the digital economy, the company will bring equitable financial tools, investment and partnerships to cities across the U.S.
by Zoe So, Regional Director for Eastern & Southern Africa
The Whole Planet Foundation team is excited to introduce our new partnership with GGEM Farming, a young social enterprise operating out of Nkhotakota, on the shores of Lake Malawi. GGEM Farming is the first partner we are engaging under a new initiative to make our funding more accessible to early stage, locally-led companies. Such companies often have programs that are informed by deep knowledge of the local context, and the staff are rooted in the communities where they work.
Whole Planet Foundation is a Whole Foods Market non-profit dedicated to alleviating poverty through microcredit around the globe in countries that supply stores with products. Currently, that's 25 communities in 19 cities in the Unitest States and 76 other countries. Microcredit is small loans - the current average first loan size is $174 - with no formal contract or collateral, provided to low-income entrepreneurs to create or expand a small business, mostly home-based, for the opportunity to generate income and lift themselves and their families out of poverty.
Fund will invest in early- to expansion-stage companies to drive innovation and adoption in the water space
September 10, 2020 /3BL Media/ - Emerald Technology Ventures is pleased to announce the closing of its water impact fund, with committed capital totalling USD 100 million from cornerstone investor Temasek and strategic investors SKion Water, Ecolab and Microsoft. The fund will invest in early- to expansion-stage companies globally to drive critical innovation and its adoption in the water space.
Whole Planet Foundation has been supported by Tony Huston since 2014. Tony was instrumental in his former employer showing up one day to the Whole Foods Market headquarters office in Austin, Texas with a Big Check made out to Whole Planet Foundation for $100,000. He had heard about Whole Planet Foundation impact from Whole Foods Market team members and wanted to join them and other stakeholders in alleviating poverty in countries around the globe that supply stores with products.