(3BL Media/Justmeans) - Charities that focus on veterans will benefit from a partnership struck between Teak Media + Communication and Salute American Vodka. Teak will be in charge of launching Salute in major cities across the U.S. with an aim to become the number one spirit contributor to veteran’s charities across the country. For every bottle sold, one dollar will go directly to organizations that offer programs and services aimed at veterans.
FROM THE EDITOR
Income Equality from an Unexpected Source
Can you identify the area of finance that assumes as a basic principle “the just, fair, and equitable distribution of income and wealth?” If you guessed Islamic finance, you’re right. What's more, global Islamic finance in predominately Muslim countries throughout Africa and Asia now represents $1.9 trillion in assets, according to ImpactAlpha. This treasury was acquired through asset-based financing of tangible assets and communal risk sharing. A new report by the World Bank and Islamic Development Bank Group describes financial institutions in these countries as an “under-tapped resource” for the $3-$5 trillion dollars needed annually to achieve the shared prosperity targeted in the UN’s 2030 SDGs. There are some lessons for Western finance in this economic model.
John Howell, Editorial Director
ReportAlert: Barclays reviews citizenship performance in its Annual Report 2016.
ReportAlert: Parker Hannifin releases 2016 Sustainability Report.
ReportAlert: Monsanto publishes 2016 Sustainability Report.
News & Blogs
(3BL Media/Justmeans) – The World Economic Forum includes financial literacy as one of six core ‘foundational literacies’ essential for students to thrive in the 21st century economy. Supporting the next generation to manage money is not only vital in securing their future, but also the future of business and the wider economy. Improved financial confidence and knowledge among consumers and employees benefits everyone.
(3BL Media/Justmeans) — Schneider Electric, the global specialist in energy management and automation, has recently added a healthy dose of renewable energy to their portfolio.
The company has announced the signing of a solar power purchase agreement (PPA) that will allow their client, Sun Chemical, to cut electricity costs at its Carlstadt, N.J., production facility by roughly $400,000. This extends the energy savings the company has realized through their partnership with Schneider, which runs into the millions.
This highlights the direction that the company has taken in their recent...
(3BL Media/Justmeans) – There are so many trends in the news that it is difficult for businesses to keep track of everything and know what is relevant. Yet it is critical for business and its leaders to be able to recognise the underlying trends driving change, to evaluate their significance and stay ahead of—rather than follow—them.
(3BL Media/Justmeans) – Placing sustainability at the heart of the business model is helping companies improve their relationships with stakeholders and providing a robust competitive advantage. Sustainable ways of doing business help companies to reduce risk across operations, while maintaining value and relevance to consumers and inspiring employees.
(3BL Media/Justmeans) - The English language is an ever-expanding landscape of words and expressions and every year new entries make it into the Merriam-Webster dictionary, one of the leading reference books on the English language. In a recent blog post, Merriam-Webster presents some of the more than 1,000 words that have been added.