Impact Investing CSR News

How Financial Empowerment Creates Hope: My Never Stand Still Conversation with John Hope Bryant

by Dan Schulman, President and CEO at PayPal
Blog

I met John Hope Bryant a few years ago, and we had a conversation I’ll never forget. He and I had an opportunity to sit down one-on-one to discuss our passion for financial empowerment, and it was a meeting of the minds, so to speak.

Why Does Such A Thing Exist? Solidarity Microfinance for Women in the United States

by J.P. Kloninger, Whole Planet Foundation North America Program Manager
Blog

The Merriam-Webster dictionary defines poverty as “the state of one who lacks a usual or socially acceptable amount of money or material possessions.” However, what is “usual” or “socially acceptable” can vary quite a bit from one person, family, or community to the next, and certainly from one country to the next.  We are thus compelled to use some sort of criteria or thresholds, formally or informally, to help us define poverty as it exists in different contexts.

World Wildlife Fund Announces Investment in Seaweed Farming Through Ocean Rainforest

Press Release

WASHINGTON, August 6, 2020 /3BL Media/ - In a first for World Wildlife Fund (WWF), with generous support from The Jeremy and Hannelore Grantham Environmental Trust, the organization announced an $850,000 investment in Ocean Rainforest, to accelerate growth of offshore seaweed production for the benefit of people, communities, and climate gains.

Scotiabank Reaffirms Commitment to Inclusion For Every Future

President and CEO Brian Porter participates in the BlackNorth Initiative Summit
Press Release

TORONTO, /3BL Media/ - At the inaugural BlackNorth Initiative Summit, Scotiabank reaffirmed its commitment to combatting racism and discrimination of all forms to enable better futures for its employees, customers and communities at large. 

Watch Land Betterment Corporation's Impact Minute Episode 9

Company discusses replicable solutions and its Betterment Harvest division
Multimedia with summary

FISHERS, Ind., July 30, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation, is proud to release Episode 9 of its Impact Minute video blog.  The impact Minute is a weekly, short video series where members of the Company’s management team discuss entrepreneurship and creating sustainable business that aim to address environmental and social issues.  In this episode, Mark LaVerghetta, Chief Governa

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

The New York Forward Loan Fund delivers loans to small businesses, nonprofits, and small landlords affected by the COVID-19 pandemic
Press Release

NEW YORK, July 24, 2020 /3BL Media/ - Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State.

40 Investors With Nearly $1 Trillion Join Other Leaders to Urge U.S. Financial Regulators to Act on Climate Change As a Systemic Financial Risk

Summary: 

72 private and public sector leaders, including investors, former regulators, lawmakers, NGOs, and foundations urge regulatory action on climate change

Press Release

72 private and public sector leaders, including investors, former regulators, lawmakers, NGOs, and foundations urge regulatory action on climate change

AnnieCannons: Creating Opportunities for Survivors of Human Trafficking

Blog

Based in Oakland, California, AnnieCannons is on a mission to help women break the cycle of exploitation by providing skills training, hands-on work experience, income opportunities, and a supportive work environment. AnnieCannons is named after American astronomer Annie Jump Cannon, who led a group of women in the early 20th century in making discoveries about astronomy and astrophysics.

Community Health Facilitators Support CASHPOR's COVID Response in India

by Claire Kelly, Whole Planet Foundation Regional Director for Asia and the Pacific
Blog

One of India’s first responses to the COVID crisis was a strict lockdown from late March through May. During this period, government guidelines restricted movements, especially across jurisdictions.  This in turn directly limited the ability of the staff of Whole Planet Foundation’s microfinance partner, CASHPOR, to move across their operational area (rural areas of Eastern Uttar Pradesh, Madhya Pradesh/Bundelkhand, Chhattisgarh, Jharkhand and Bihar).  However, since 2013, CASHPOR, has been recruiting and training up a subset of their mem

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.

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