The growing number of funds, tools, mechanisms and markets helping organizations, investors and the public put their money where their mouth is to drive sustainable change
Two global coalitions have committed to make good on their companies’ DEI commitments; and adhere to a new set of Stakeholder Capitalism Metrics, respectively. Larry Fink’s annual CEO letter expounds on the need for both. Read More...
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. Read More...
The industry-led Partnership for Carbon Accounting Financials' new methodology enables banks to measure and disclose the emissions associated with their financed activities. Read More...
Bancolombia, Banco Galicia, Citibanamex and Mercado Libre are part of the Partnership, committed to accelerate business recovery and inclusive growth efforts in the region. Read More...
What is the responsibility of business? Fifty years on, it’s clear there’s more to the answer than you thought. Read More...
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. Read More...
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. Read More...
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. Read More...
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. Read More...
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. Read More...
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. Read More...
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. Read More...
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. Read More...
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. Read More...
Investors and shareholders leading the push for greater ESG performance recognize that ESG challenges are complex, evolving and nuanced. The Family Forest Carbon Program allows companies to address a range of critical ESG issues that benefit the environment and rural communities. Read More...
Fixing centuries of racism and unequal access will require big changes in how we do business if we are to truly move towards a more equitable, fair, and just economy and society. Read More...
Both Canada and the European Union have unveiled plans to rebuild their post-pandemic recovery plans that put sustainability front and center. Will other governments follow suit? Read More...
US-based CapStone Holdings has launched GameAbove Capital — a $50 million private venture fund focused on minority- and women-operated businesses offering sustainability-related products and services. Read More...
As the crisis continues to unfold, ESG topics will continue to grow in importance. Companies will be judged by their ability to withstand financial shocks, but also by how they’ve treated their employees, clients and communities. Read More...
A new toolkit provides a roadmap for addressing risks to the ‘S’ part of ESG investing; while a new case study validates the Rockefeller Brothers Foundation’s bet on a fossil-fuel-free portfolio. Read More...