Finance & Investment
The latest in the spheres of socially responsible investing, impact investing, and other ways investors and shareholders are asserting their desire for ethical investment options.
Trending: Brands, Investors Show They’re Banking on Net-Zero Transition
As 2020 finally winds down; a number of investor, brand and banking initiatives shows that this year’s many challenges haven’t derailed major global efforts to achieve, at minimum, a net-zero future.
Meeting of the Minds: 3 Reasons to Align Corporate Sustainability and Finance Teams
Cross-Posted from Organizational Change. Last month, PMI moved its global sustainability team under the leadership of CFO Emmanuel Babeau. It may be one of the first global companies to make this prescient move; but here are three reasons why we believe this trend is only just beginning.
Global Banks Launch Industry Standard for Measuring, Reporting Financed Emissions
The industry-led Partnership for Carbon Accounting Financials' new methodology enables banks to measure and disclose the emissions associated with their financed activities.
6 Months Into the Pandemic, ‘Greener’ Jobs Are Safer, Higher Paid, More Resilient
Cross-Posted from The Next Economy. The monthly Green Jobs Report shows that “greener” enterprises align with more resilient jobs, higher pay for workers, fewer job losses, and the potential for better overall company and investor portfolio performance.
Did Lack of Transparency Invalidate Asia’s First Corporate Sustainability Bond?
Cross-Posted from Supply Chain. The devil's in the details: Allegations of deforestation in Michelin’s natural rubber supply chain highlight the need for greater transparency in ‘green’ financing.
Mastercard Partners to Digitally Empower Small Businesses in Latin America
Bancolombia, Banco Galicia, Citibanamex and Mercado Libre are part of the Partnership, committed to accelerate business recovery and inclusive growth efforts in the region.
Hey, Milton … Here We Are, After 50 Years of Friedmanomics
What is the responsibility of business? Fifty years on, it’s clear there’s more to the answer than you thought.
Facing Finance's Race Problem: How a Diverse Financial System Can Narrow Inequality
When everyone involved in financial product development looks the same — either on paper, or by the color of their skin — then, what we ultimately create often fuels inequality.
Oatly’s Big Gaffe: Straying from Its Brand Purpose
Cross-Posted from Marketing and Comms. If Oatly had taken Blackstone’s money, put it on a billboard, and made it known to all of its customers that its next mission was to change the world of ‘big bad investment’ from the inside out, it would’ve remained true to its brand story.
Why We're Committed to Ensuring Access to Parks for All by 2050
Cross-Posted from Collaboration. At 10 Minute Walk, we are working with city leaders across the US to make sure that 100 percent of people in US cities have access to safe, quality green space within a 10-minute walk by 2050.
$16T Investor Network Develops First-Ever Framework for Net-Zero Investing
The Net Zero Investment Framework aims to maximize investor contribution to decarbonization of global economy, helping keep rise in global temperatures below 1.5°C.
New Lending Industry Alliance to Bolster Underserved Communities
Two longtime players in small-business lending and empowering low-income communities are joining forces to scale up equitable wealth creation in communities of color.
Global Public Thinks GDP Should Include Health, Education, Environmental Data
The 2020 GlobeScan-Ethical Markets “Beyond GDP” survey finds that an average of 72% of people across 11 countries would prefer to broaden GDP to incorporate these additional data.
Viola Brands: A Case Study in Cultivating Racial Equity
Cross-Posted from Walking the Talk. Cannabis producer Viola Brands is determined to increase minority representation in the industry. Its Viola Cares program provides education, employment and other resources; in order to create 10,000 jobs within the cannabis industry for Black people.
Trending: Banking Giants Begin to Walk Their Talk on Climate Change
A 1% for the Planet account from Bank of the West, and new actions from Morgan Stanley and BlackRock, could signal turning point in big finance.
P&G Embraces Natural Climate Solutions to Achieve Global Climate Neutrality
The goal is to reduce its GHGs by 50%, use 100% renewable electricity at all manufacturing sites by 2030, and advance natural climate solutions to achieve carbon neutrality for the decade.
Your SDG Strategy Must Consider More Than Your Financials
Cross-Posted from New Metrics. The Sustainable Development Goals serve as an urgent call to action for companies to pay as much attention to their extra-financial performance as to their financial performance.
Regenerative Investing Key to Creating an Inclusive Economy
The recent spotlight on racial justice in the US has also highlighted the financial industry's role in perpetuating discrimination. Many have responded by donating money to nonprofits, but a regenerative approach to investing that start to undo decades of chronic underinvestment is needed.
Impact Investing Grows, But There’s Still a Long Road to Financial Inclusion
More funds and firms are targeting financially underserved communities, but the impact investing movement and government funding need to be more accessible and intentional to address systemic inequalities and racial disparities in investing.
Visa to Digitally Enable 50M Small Businesses, to Power Equitable Global Recovery
A new range of initiatives from Visa aims to further support small business recovery from COVID, and equip them to keep up with increasing demand for e-commerce and digital payments; with $100k in grants earmarked for US-based, Black women-owned small businesses.
