FROM THE EDITOR
Fintech App Focuses on Responsible Business Investments
A startup called Grow has been launched to target investments in socially responsible companies. One of a rapidly expanding category of fintech apps called “robo-investors” that make it easier for new investors to build portfolios, Grow points to investments in companies that have sustainable strategies and good governance. Reports TechCrunch: “Grow has developed its own proprietary database and analytics tool, Grow Analytics, to identify those investments that respect certain values, like environmental, social and governance, while also minimizing portfolio risk. It seeks out investments across sectors, industries and assets classes, too, in order to offer a balanced and diversified portfolio.” Available as a free download on the Apple iTunes App store, Grow could deliver a big boost to the ESG-driven investment market.
John Howell, Editorial Director
ReportAlert: Commonwealth Bank of Australia launches CR plan, Opportunity Initiatives
ReportAlert: Canary Wharf Group publishes Sustainability Report
News & Blogs
(3BL Media/Justmeans) – To have a government ‘by the people,’ citizens must exercise their right to vote and choose their leaders through free and fair elections. Voting is a right as well as a responsibility of US citizens. It is their right to have a say in how they are governed and their responsibility to get to know the candidates and to understand the issues in order to cast an informed vote.
(3BL Media/Justmeans) – A broad consensus has emerged over the years that companies should invest in corporate responsibility and sustainability initiatives. But how much should be such investment, and whether it will detract from or boost the bottom line, continue to be hotly debated issues. What is clearly established is that it is not enough to do CR, but one must do it well in order to achieve measurable benefits.
(3BL Media/Justmeans) - Former New York mayor and philanthropist Michael Bloomberg has announced a donation of $300 million to create the Bloomberg Health Initiative. The fund will go to the Johns Hopkins Bloomberg School of Public Health, which, along with other institutions, will focus on five areas that most impact public health: drug addiction, obesity, gun violence, adolescent health, and environmental threats.
Guest blog by Tina Hodges
When I was young, my parents taught me that helping other people is a part of life—if you’re fortunate enough to have, you should give to people who don’t. That’s why I believe that as business owners, it’s our responsibility to give back to our communities. But, managing corporate giving can be a full-time job, and that may mean that it’s time to create a separate entity to facilitate it.
(3BL Media/Justmeans) – All 193 United Nations (UN) member states have signed a landmark agreement pledging to fight the threat of antimicrobial resistance – the fourth time a UN declaration has been reached on a health issue, following HIV in 2001, chronic illnesses in 2011 and Ebola in 2013.