After the stock market crash of 2008 the world was met with a new reality when thinking about economics. One group of Waldorf Schools in the Mid-states region took up the conversation about what this new economic reality would mean for local communities and the non-profit organizations that serve them.
How could communities, non-profits, and small businesses work together to build resilient local economies?
As RSF Social Finance celebrates its 30th anniversary, we feel deep gratitude for all the supportive relationships that have nurtured, inspired, and challenged RSF to bring associative economic principles into daily practice and expand and deepen how it goes about transforming the way the world works with money.
Over the past few months we have be posting a series of stories about some key catalytic gifts and givers who saw potential within RSF, seeded future possibilities, and in turn, have become part of our destiny.
BlackRock has added to its investment portfolio of ESG products with the launch of a new exchange traded fund, iShares MSCI ACWI Low Carbon Target ETF CRBN. This new fund tracks the MSCI ACQI Low Carbon Target Index, which focuses on carbon emissions and fossil fuel reserves. That Index is based on the MSCI ACWI Index, a global policy benchmark covering developed and emerging markets, and utilizes MSCI ESG CarbonMetrics data from MSCI ESG Research.
Social impact investments, investments made with social benefit as well as financial profit as the bottom line, are a growth trend in Great Britain. The reason? The country’s austerity budget has resulted in significant cuts in government funding for social services. Government grants for social housing have shrunk from £3 billion to £500 million, according to The New York Times. Similar budget cuts have affected aid for the elderly and health care.
How many times do you say “If I only knew then what I know now”? We see it all the time: companies wanting to throw out their EMIS software. It’s not performing, it’s not working, promises undelivered and requirements unmet. The software often takes the blame when in fact it’s the implementation process that doomed the deployment.