Investors are being encouraged to support communities in the developing world who have been affected by the COVID-19 pandemic.
Alquity, a London-based investment manager, has launched its 40-40 campaign to improve the lives of 40,000 people at risk from coronavirus due to weak public health systems and overcrowded living conditions.
Social distancing, hand washing and staying at home are all privileges few in the developing world can afford and therefore, COVID-19 will impact on those living in cramped conditions, with poor healthcare and no social safety net.
Seventh Generation donates to Whole Planet Foundation to fund microloans for the world’s poorest people - mostly women - living in communities where Whole Foods Market sources products. How does it work?
Hilton (NYSE:HLT) and American Express (NYSE:AXP) today announced that the companies, in partnership with Hilton’s ownership community, will donate up to 1 million hotel room nights across the United States to frontline medical professionals leading the fight against COVID-19.
Beginning next week, Hilton and American Express will make rooms available without charge to doctors, nurses, EMTs, paramedics and other frontline medical staff who need a place to sleep, recharge or isolate from their families through the end of May.
NEW YORK, April 2, 2020 /3BL Media/ -- CIT Group Inc. (NYSE: CIT) has provided critical financing for its client Aria Designs to help it procure millions of advanced N95 surgical masks that will protect medical professionals battling the COVID-19 pandemic.
Norges Bank press for companies to improve and increase ESG disclosures
March 4, 2020 /3BL Media/ - A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and governance (ESG) issues’.
We believe that over the next 10 years, effective CSR initiatives of purpose-driven companies will be characterized by three principles: business alignment, user-centricity and co-creation.
Corporate social responsibility—the practice of companies holding themselves accountable to serve a social purpose and make a positive impact—was not always the main focus of business leaders. Channel some profits into philanthropy, it was thought, and you’ve checked the CSR box.
A new tool offers cities tailored options for driving dynamic growth and an inclusive economy
The U.S. economy is continuing the continuing the longest expansion in history — unemployment is at record lows and wages are creeping up, but national averages can hide a lot of variety. Local policymakers in struggling cities certainly know this, as do regional planners. In many big cities, jobs are growing, but wages are declining as low-wage occupations dominate; in others, jobs are disappearing. Even boom towns have their own set of issues, from rising housing costs to growing inequality. And then there’s the perennial worry—how long will it last?