By John Levy, Director of Impact Investing for Franklin Real Asset Advisors
Originally published on September 22, 2020 in Pensions & Investments
The economic implications of COVID-19 are yet to be fully realized, but the expectations of the detrimental impact are sobering. The pandemic has not only shaken up reality but has woken the world up to addressing underlying societal and economic issues that may have previously been dismissed.
Recently, Cox Enterprises announced the 2021 class of the Cox Enterprises Social Impact Accelerator powered by Techstars, now in its second year, will shift its focus to support for-profit companies that are addressing social justice and systemic racism issues. The three-month program will provide hands-on mentoring, funding and global connections to 10 for-profit, mission-driven companies.
The Arbor Day Foundation, which has committed to planting trees worldwide since 1972, outlines a six-fold process for wildfire response. The Foundation’s steps don’t start and end with planting seedlings. Restoration requires time, dedication and certainly collaboration.
Corporations have a place in the process. Once the fire has stopped spreading, the displaced have been sheltered and fed, damages have been assessed and prioritized, and local experts have planted seedlings, corporate partners can come in to supplement the previous work already done.
Shoppers and suppliers alleviate poverty, improve children’s nutrition and expand healthy food access and nutrition education
Whole Foods Market’s three philanthropic Foundations have combined forces to kick off the Communities Campaign today, a two-week drive to raise awareness and funds, enabling shoppers to join the retailer in efforts to alleviate global poverty, improve children’s nutrition and increase healthy food access in communities facing barriers.
by John Levy, Director of Impact, Franklin Templeton
October 6, 2020 /3BL Media/ - While the pandemic has shocked the world and ignited carnage across markets, it has also proven the importance of supporting society, employee protections and many other ESG principles
Social infrastructure is crucial to the health and vibrancy of communities and these vital assets have become indispensable during the crisis.
by Oscar Munoz, Executive Chairman, United Airlines
“By teaching, we learn,” said the ancient Roman poet, Seneca. I was reminded of the truth of that wisdom this week when I participated in a session with business students hosted by the newly minted Dean of USC’s Marshall Business School, Dr. Geoffrey Garrett.
It’s a lesson I first learned the hard way when I began graduate business school myself – way back in the mid-1980’s.
I’d already spent a few years in the private sector, finding some early success in business and finance. The experience had taught me much – except, it seems, humility.
In the latest in a series of efforts to support Black-led businesses and Black communities, Scotiabank is proud to support the Government of Canada’s Black Entrepreneurship Program announced on Wednesday. The partnership between the Federal Government, Scotiabank and other Canadian financial institutions will ultimately collectively commit up to $128 million in lending capital for the program’s Black Entrepreneurship Fund.
Northern Trust is committed to creating more equitable opportunities to achieve long-term financial success for those who too often face unfair hurdles because of their race, ethnicity, gender, geography or socio-economic conditions.
Our approach to corporate philanthropy addresses four key areas: Education, Food, Healthcare and Housing. In the coming weeks and months, we will highlight why we are focused on each vital aspect of enriching our communities.
by Fernando Tennenbaum, Chief Financial Officer at Anheuser-Busch InBev
This week, during the 75th annual (and first-ever virtual) UN General Assembly, I had the opportunity to speak at the United Nations Global Compact to support the launch of the CFO Taskforce for the Sustainable Development Goals (SDGs). I am proud to join this Taskforce as a founding member on behalf of AB InBev to build the roadmap for how the private sector, and more specifically corporate finance, can help deliver the Sustainable Development Goals by 2030.