Socially Responsible Investing CSR News

The Scotiabank Women Initiative™ and Disruption Ventures Launch "RAISE & RISE" Competition for Women Entrepreneurs in Quebec

Press Release

MONTREAL, Nov. 24, 2020 /3BL Media/ - In collaboration with Disruption Ventures, The Scotiabank Women Initiative™ announced its premiere RAISE & RISE event – a virtual pitch competition and conference that offers women entrepreneurs the chance to win a cash investment of $25,000 and more.

RAISE & RISE Pitch Competition

Scotia Global Asset Management Launches Suite of Scotia Low Carbon Funds, Announces Other ScotiaFunds Name Changes

Press Release

TORONTO, Nov. 23, 2020 /3BL Media/ - Scotia Global Asset Management today announced the launch of a suite of Scotia Low Carbon Funds, diversified portfolios of high-quality investments designed to provide a lower carbon intensity than the broader market: 

Communities Campaign Raises $658,787 to Support Local and Global Communities

Whole Planet Foundation will expand poverty alleviation through microcredit
Blog

The Whole Foods Market Foundations combined forces in a Communities Campaign last month to raise awareness and funds, enabling shoppers to join causes such as poverty alleviation in the United States and around the globe through Whole Planet Foundation.

University of St. Michael's College President's Capstone Award Winners Celebrated

Winning projects focused on an innovative lifecycle perspective in mining, youth employment during COVID 19, and purpose enablement in responsible investing.
Press Release

TORONTO, November 18, 2020 /3BL Media/ - This week the University of St. Michael’s College is celebrating Student Capstone Projects, the summative exercise in the Diploma in Social Responsibility and Sustainability Program. These projects are designed to create positive social and environmental impact. This year’s winning projects focused on an innovative lifecycle perspective in mining, youth employment during COVID 19, and purpose enablement in responsible investing. 

Johnson & Johnson to Address Racial and Social Injustice Through Platform that Aims to Eliminate Health Inequities for People of Color

Johnson & Johnson commits $100 million over the next five years to invest in and promote health equity solutions
Press Release

NEW BRUNSWICK, N.J., November 17, 2020 /3BL Media/ – Johnson & Johnson announced today $100 million in commitments and collaborations over the next five years to invest in and promote health equity solutions for Black people and other communities of color in the United States. Society has been significantly impacted by systemic racism, the COVID-19 pandemic, and the economic decline throughout this year, which have all spotlighted healthcare inequities.

As Important as Ever: Microloans for Women-Owned Small Businesses in the United States

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

Whole Planet Foundation has contributed $5.6 million to our primary microfinance partner in the United States, Grameen America, to alleviate poverty by funding microcredit loans for low-income entrepreneurs. 

After five consecutive years of declines in the national poverty rate, the United States is expected to experience a spike of approximately 6.5% (from 12.4% to 18.9%) in 2020.  This means an increase of over 21 million individuals living in poverty, resulting in the highest poverty level in the United States since 1967. Low rates of financial inclusion make the climb out of poverty extremely difficult.

Blog

Whole Planet Foundation has contributed $5.6 million to our primary microfinance partner in the United States, Grameen America, to alleviate poverty by funding microcredit loans for low-income entrepreneurs. 

After five consecutive years of declines in the national poverty rate, the United States is expected to experience a spike of approximately 6.5% (from 12.4% to 18.9%) in 2020.  This means an increase of over 21 million individuals living in poverty, resulting in the highest poverty level in the United States since 1967. Low rates of financial inclusion make the climb out of poverty extremely difficult.

Why Purpose Leads to Profits

by Howard Ungerleider, President and Chief Financial Officer at Dow
Summary: 

Profit and purpose should not be an either/or proposition.

Blog

Profit and purpose should not be an either/or proposition.

Global Study Reveals That Healthcare Remains Top of the List When It Comes to Impact Investing

American Century Investments announces results of fourth impact investing study
Press Release

October 29, 2020 /3BL Media/ - Against the backdrop of a pandemic, healthcare continues to be front and center as the cause that aligns most with personal values or priorities when making an impact investment, according to a new survey by global asset manager American Century Investments. Study results showcasing responses from the United States, United Kingdom and Germany, examined generational and gender-based attitudes toward impact investing and/or environmental, social and governance (ESG) investing.

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