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.
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.
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.
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.
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.
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.
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.
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.
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.
Cross-Posted from Supply Chain. New ‘Pandemic Ranking’ from $20T investor network warns that, with over 70% of animal agriculture firms at ‘high risk’ of creating future pandemics, COVID-19 could be the “straw that breaks the meat industry’s back.”
Cross-Posted from Product, Service & Design Innovation. Happonomy’s Leap Model is a step-by-step plan that helps startups, businesses and organizations strengthen their foundations, evaluate resources and move ideas forward while staying true to their sustainability principles.
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?
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.
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.
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.
Many investment firms are modifying their strategies and valuation models over the long term in the wake of the pandemic. Over the next 12 to 36 months, the following six mega-trends promise to reshape the business practices and investing.
Cross-Posted from Collaboration. The American Forest Foundation’s new program harnesses the collective potential of smaller US landowners to help them participate in carbon markets and carbon-credit schemes — not only benefiting them, but helping the companies that support them fuel the fight against climate change.
Cross-Posted from Marketing and Comms. While it’s still too early to tell how significantly COVID-19 will alter our way of life, we’ve learned to challenge many of our preconceived notions about how to best do business — and solidifying your company’s place within this new order is critical. The true test is going to be whether we are capable of dramatic positive change even when not spurred by a global pandemic.
It has been heartening to see major organisations doing the right thing when it comes to dealing with the coronavirus: Follow the science. Although the COVID and climate crises are profoundly different, the parallels are obvious — and the key to surviving both is to use data-driven strategies to improve resilience to future shocks.
While sustainable tourism offerings are increasing along with traveler interest in giving back to the communities that they visit, most operators support local organizations through donations. But a growing wave are opting for microfinance to create larger, lasting impacts for more people.
For those searching for ways to implement critically important climate goals, the Family Forest Carbon Program is a path to reducing your carbon footprint, enhancing forest benefits and supporting rural livelihoods — all while meeting stakeholder expectations for corporate sustainability.