Economic Growth CSR News

Ten Billion Dollars & Counting: Helping Small Businesses Globally

Darrell Esch, Vice President of Global Credit, PayPal
Blog

For more than 20 years, PayPal has been helping small business owners achieve their dreams. In the beginning, we provided marketplace sellers with a secure way to accept electronic payments from buyers. In 2013, we started pursuing another path: providing our small business owners with much needed access to capital in order to grow. So, in response, we launched PayPal Working Capital as a way to bring our merchants the financing they so desperately needed. 

Wells Fargo Donates $235,000 to Mississippi Nonprofits for Community Revitalization Efforts

NeighborhoodLIFT® program awards local initiative grants to four organizations serving the Hattiesburg and Jackson communities
Press Release

JACKSON, Miss., June 6, 2019 /3BL Media/– Wells Fargo & Company (NYSE: WFC) today announced $235,000 in donations to four local nonprofits that will help revitalize Mississippi neighborhoods through the Wells Fargo NeighborhoodLIFT® program.

CECP's Strategic Investor Initiative Releases Framework for Companies Seeking to Develop Long-Term Plans

Template developed in response to calls from institutional investors for consistency in disclosures
Multimedia with summary

Wondering how to develop and communicate your company's long-term plan? Building on a significant body of original research and ongoing feedback from institutional investors, CECP’s Strategic Investor Initiative (SII) has released a template for companies seeking to develop and communicate effective long-term strategic plans that help inform investment, voting, and engagement decisions.

Corporate Renewable Energy Commitments Catalyzing Change

Blog

Last year, the world’s leading climate scientists sent a clear message: we must cut greenhouse gas emissions by 50 percent in 10 years and transition to a carbon free economy by 2050 in order to avoid the most catastrophic impacts of climate change.

One of the most important steps in achieving that goal is accelerating our transition away from fossil fueled power generation and toward renewable and carbon-free sources such as wind and solar. 

PayPal Celebrates the Big Impact of Small Loans During Small Business Month

Multimedia with summary

For the 2nd year, PayPal is designating the month of May as PayPal Small Business Month, taking the full month to celebrate, empower and educate entrepreneurs across the country. Making financial services accessible to all is a key part of PayPal’s mission as a company and a central part of achieving that goal is helping the underserved. PayPal Small Business Month brings this mission to life by engaging with underserved entrepreneurs.

Sacramento Homeownership to Get $6 Million Boost

NeighborhoodLIFT® program will offer $20,000 down payment assistance grants and homebuyer education for eligible Sacramento County and West Sacramento residents; special parameters for veterans, military, teachers and first responders
Press Release

SACRAMENTO, Calif., May 1, 2019 /3BL Media/– Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its local network member, NeighborWorks HomeOwnership Center Sacramento Region, today announced an additional $6 million donation by Wells Fargo to boost homeownership through the NeighborhoodLIFT® program for Sacramento County and the city of West Sacramento.

Strategic Investor Initiative Releases New Framework for Companies Seeking to Develop Long-Term Plans

Template developed in response to calls from institutional investors for consistency in disclosures
Press Release

NEW YORK, April 23, 2019 /3BL Media/ - Building on a significant body of original research and ongoing feedback from institutional investors, CECP’s Strategic Investor Initiative (SII) has released a template for companies seeking to develop and communicate effective long-term strategic plans that help inform investment, voting, and engagement decisions.

Nearly 18,000 Bloomberg Customers Are Using ESG Data

Multimedia with summary

Financial markets are demanding greater transparency around ESG issues. Bloomberg empowers financial decision-makers by providing environmental, social, and governance (ESG) data on 11,500+ companies.

Bloomberg ESG data 2019

Business Call to Action Public Eye Q&A Series: Dutch Ministry of Foreign Affairs

BCtA partner perspectives on emerging trends and top priorities in the world of inclusive business
Article

Interview with Hans Docter, Director Sustainable Economic Development, Dutch Ministry of Foreign Affairs

There is consensus on the important role that private sector can and should play in development. What are the priorities for the Dutch Ministry of Foreign Affairs (Dutch MoFA) in 2019 and beyond in terms of engaging the private sector in its development initiatives?

How Financial Services Companies Can Advance Racial Equity and Create Business Growth

Press Release

April 17, 2019 /3BL Media/ — Historically, financial institutions in the United States have not served people of color effectively or fairly. Even today, people of color have less access to credit, pay higher interest rates for loans, and are less likely to receive venture capital funding as compared to their White counterparts. Serving these markets effectively is not only a moral imperative, but also an economic opportunity to enhance a company’s bottom line.

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