Finance & Investment CSR News

We Love 5 Green Blockchain Projects

By: LBX Editorial Team
Blog

To the average person, green crypto seems like an oxymoron, right?

As an environmental action company that puts carbon offsets onto the blockchain, we are accustomed to people looking at us a little sideways when we tell them that’s exactly what we want to be, a green blockchain with a purpose.

But that’s exactly what we’ve tried to create at the Land Betterment Exchange (LBX), by tokenizing carbon offset credits achieved through land remediation and restoring impacted land abandoned by fossil fuel companies.

Setting Up Shop: Introducing Strive USA

Article

September 29, 2022 /3BL Media/ - There’s been a historic jump in new businesses in recent years, according to data from the U.S. Census Bureau. A record 5.4 million applications for new businesses were filed with the IRS in 2021, exceeding the 4.4 million applications filed in 2020, which was also a record.

Fifth Third Foundation and National Urban League Mark Workforce Development Month, Celebrate Success of Workforce Development Program

Collaboration promotes career development skills and earning a livable wage
Press Release

CINCINNATI, September 28, 2022 /3BL Media/ - The Fifth Third Foundation and the National Urban League are commemorating September’s Workforce Development Month by announcing results from the first year of a collaborative workforce development program that provides career advancement opportunities through upskilling and re-skilling services to under-employed participants. The $1 million investment from the Fifth Third Foundation has helped individuals across eight selected affiliate Urban League organizations gain meaningful employment and earn a livable wage.

Is Patagonia the Rabbit or the Duck: Why It's Okay to Answer “Both”

By: John A. Lanier
Summary: 

John Lanier takes a deep-dive into exactly how Yvon Chouinard gave away his ownership of Patagonia earlier this month. As John notes, the details matter, and they show that Chouinard was both acting philanthropically and in a way that minimized his tax liability.

Blog

John Lanier takes a deep-dive into exactly how Yvon Chouinard gave away his ownership of Patagonia earlier this month. As John notes, the details matter, and they show that Chouinard was both acting philanthropically and in a way that minimized his tax liability.

Impact Cubed Launches Fund ESG Validator and Climate Tools

Investors can validate fund ESG names and climate claims with factual data and easy reporting tools
Press Release

LONDON, September 28, 2022 /3BL Media/ - Impact Cubed today launched its new portfolio validator and climate tools on its analytics platform.

Masonite Invests €5M in Circular Innovation Fund To Scale Breakthrough Sustainability Innovations

Press Release

TAMPA, Fla., September 28, 2022 /3BL Media/ - Masonite International Corporation (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors, today announced a €5M investment in the Circular Innovation Fund L.P. (“CIF”), a venture capital fund dedicated to advancing the circular economy by investing in growth-stage companies across North America, Europe and Asia, which have the potential to solve complex supply chain problems and minimize environmental impact.

ESG on the Earnings Call: Nasdaq Data Shows Huge Quarterly Jump in Conversations

Article

In current market conditions, ESG can help position companies for longer term, say Nasdaq ESG Advisory experts

Nasdaq has recorded a significant jump in ESG issues being discussed on corporate issuers’ quarterly conference calls, with around 65 percent of Russell 3000 firms and 76 percent of MSCI USA ESG Leaders talking ESG in Q1 2022.

The most popular ESG topics over the quarter were climate transition, sustainability and supply chain management, followed by company culture and human capital management.

The Future of Climate Investing

Article

At a recent Nasdaq webinar on the future of climate investing, three leading analysts, including Nasdaq’s European Data Product Development lead, Alexander Free, discussed the current state of climate investing, data’s role in the evolving landscape and how to hold institutional investors and companies accountable for their ambitious climate agendas.

Panelists largely agreed that climate investing has grown exponentially in the last 10 years but still has more to accomplish.

Illumina Grant Boosts Climate Action and Job Training

US nonprofit GRID Alternatives launches new projects to provide renewable energy
Article

As part of Illumina’s long-term commitment to sustainability, the Illumina Corporate Foundation made a one-year, $500,000 grant to support GRID Alternatives (Generating Renewable Ideas and Development Alternatives), a nonprofit committed to increasing access to renewable energy and training people for clean energy jobs.

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