Finance & Investment CSR News

Complimentary Webinar on Improving ESG Measurement Through Stakeholder Perceptions on October 11

Participants include Mattel, Twitter, Converseon and Moderated by 3BL Media
Press Release

October 5, 2022 /3BL Media/ - Converseon, the leading Decision Intelligence firm powered by Conversation Data, is hosting a webinar on October 11th at 1PM EDT on the importance of measuring stakeholder perceptions of brand ESG efforts through unstructured social and conversational data.

Experts from Mattel, Twitter, 3BL Media Inc. and Converseon will join to discuss bridging the ESG stakeholder measurement gap.

KeyBank, Indiana Black Expo Honor Black Business Training Small Business Award Winner

Article

The Indiana Black Expo (IBE) has dedicated more than 50 years to helping business owners build management training, procurement opportunities and networking to enhance capacity and growth. Earlier this year, the KeyBank Foundation invested $300,000 in IBE to assist with the organization’s Black Business Training Institute.

Baltimore Community Lending Receives $600,000 Grant From Truist Foundation To Support Minority- and Women-Owned Small Businesses in Baltimore

The grant will support a business coaching program to help provide financial training for small business owners
Press Release

BALTIMORE, October 5, 2022 /3BL Media/ - Truist Foundation announced a $600,000 commitment to Baltimore Community Lending (BCL), a nonprofit community development financial institution (CDFI) that provides loan capital to small business owners. The grant will assist the expansion of BCL’s business coaching program, which is focused on supporting women- and minority-owned small businesses in Baltimore. This grant will also help BCL streamline its loan-making system to maximize impact by providing funding and training to help minority entrepreneurs break through systemic barriers.

Juanita Baranco Honored by Southern Company in This Year's Evening of Excellence

Blog

It was our pleasure to honor this year’s Evening of Excellence Honoree Juanita Baranco. Juanita served on Southern Company’s Board of Directors and is the co-founder of Baranco Automotive Group, one of the first African-American-owned car dealership in metro Atlanta.

At Southern Company, our commitment to equity is not just in our words but our actions. Juanita’s leadership through educational advancement, economic development and services are the actions moving us boldly forward towards equity.

Community Benefits Plan Six Month Update: PNC's $88 Billion Commitment Comes to Life

Six months into bringing its four-year, $88 billion Community Benefits Plan to life, PNC is making significant progress on increasing economic opportunities for all.
Article

Under the Community Benefits Plan started Jan. 1, 2022, The PNC Financial Services Group allotted $47 billion in financing for residential mortgage and home equity lending, $26.5 billion in small business loans, $14.5 billion for community financing loans and investments, and an additional $500 million in charitable giving over a four-year period beginning in 2022.

Merck KGaA, Darmstadt, Germany, Partners With CNote To Invest $20 Million in Under-Resourced Communities

Article

Merck KGaA, Darmstadt, Germany, a leading science and technology company, today announced a $20 million commitment to CNote, a technology-based investment platform. The investment will support economic growth and opportunity in communities across the U.S. by providing capital to support BIPOC-owned (Black, Indigenous, and people of color) and women-led small businesses.

We Love 5 Green Blockchain Projects

By: LBX Editorial Team
Blog

To the average person, green crypto seems like an oxymoron, right?

As an environmental action company that puts carbon offsets onto the blockchain, we are accustomed to people looking at us a little sideways when we tell them that’s exactly what we want to be, a green blockchain with a purpose.

But that’s exactly what we’ve tried to create at the Land Betterment Exchange (LBX), by tokenizing carbon offset credits achieved through land remediation and restoring impacted land abandoned by fossil fuel companies.

Setting Up Shop: Introducing Strive USA

Article

September 29, 2022 /3BL Media/ - There’s been a historic jump in new businesses in recent years, according to data from the U.S. Census Bureau. A record 5.4 million applications for new businesses were filed with the IRS in 2021, exceeding the 4.4 million applications filed in 2020, which was also a record.

Fifth Third Foundation and National Urban League Mark Workforce Development Month, Celebrate Success of Workforce Development Program

Collaboration promotes career development skills and earning a livable wage
Press Release

CINCINNATI, September 28, 2022 /3BL Media/ - The Fifth Third Foundation and the National Urban League are commemorating September’s Workforce Development Month by announcing results from the first year of a collaborative workforce development program that provides career advancement opportunities through upskilling and re-skilling services to under-employed participants. The $1 million investment from the Fifth Third Foundation has helped individuals across eight selected affiliate Urban League organizations gain meaningful employment and earn a livable wage.

Is Patagonia the Rabbit or the Duck: Why It's Okay to Answer “Both”

By: John A. Lanier
Summary: 

John Lanier takes a deep-dive into exactly how Yvon Chouinard gave away his ownership of Patagonia earlier this month. As John notes, the details matter, and they show that Chouinard was both acting philanthropically and in a way that minimized his tax liability.

Blog

John Lanier takes a deep-dive into exactly how Yvon Chouinard gave away his ownership of Patagonia earlier this month. As John notes, the details matter, and they show that Chouinard was both acting philanthropically and in a way that minimized his tax liability.

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