Sustainable Finance CSR News

Scotiabank Launches New Sustainable Finance Group Within its Global Banking and Markets Division

Press Release

TORONTO, July 2, 2020 /3BL Media/ - Recognizing its unique opportunity as a global financial organization to advance climate transition and promote sustainable economic growth, Scotiabank is pleased to announce the launch of a new Sustainable Finance Group within its Global Banking and Markets (GBM) division. The new team will further Scotiabank's Climate Commitments, announced in November 2019, to support clients in the transition to a low-carbon economy, decarbonize its own operations and contribute to the global conversation on climate change. 

Xylem Closes $1 Billion Inaugural Green Bond

Summary: 
  • Proceeds will fund eligible projects under Green Finance Framework
  • Further enhances strong liquidity position, adds flexibility at attractive rates
  • Builds on sustainability track record and recognized sustainability leadership in sector
Press Release
  • Proceeds will fund eligible projects under Green Finance Framework
  • Further enhances strong liquidity position, adds flexibility at attractive rates
  • Builds on sustainability track record and recognized sustainability leadership in sector

As Deforestation Escalates in the Amazon, Ceres Releases Major New Investor Framework to Drive Urgent Corporate Action

Press Release

New research shows commodity-driven deforestation is associated with five percent of global emissions; and deforestation in Amazon rose 50 percent in the first four months of 2020 as the economy began to collapse 

New Ceres’ Investor Guide to Deforestation and Climate Change calls on investors to tackle deforestation risks at same scale and speed they bring to broader portfolio-wide climate risks

How Can Successful Stewardship Be Meaningfully Reported?

Based on a roundtable discussion attended by asset owners, investment consultants, asset managers, civil society leaders and regulators
Article

This whitepaper captures the discussion from a roundtable, convened by Helen Pradas-Page on 3 March 2020, under Chatham House rules, where we asked the question ‘How Can Successful Stewardship be Meaningfully Reported?'

Land Betterment Corp Secures $450,000 in Economic Incentives

Company receives up to $450,000 in EDGE Credits from the State of Indiana to bring economic diversity and revitalization to the region
Press Release

FISHERS, Ind., June 15, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation, is proud and dedicated to work with all stakeholders to grow economic diversity and opportunity in areas that have been adversely affected from the decline in thermal coal as our society transitions away from coal-based fuels.  Due to its continued commitment to invest in Greene County, Indiana to grow and scale Coal Cra

Whole Planet Foundation $10,000 Fund Partners Move for Microcredit

Move with these brands during the Power Your Purpose Virtual 5K on June 27
Blog

Whole Planet Foundation’s $10,000 Fund partners are mobilizing to support microentrepreneurs around the world on June 27th!

Inclusive Fintech 50 Launches 2020 Edition to Identify and Elevate Early-Stage Fintechs Driving Financial Inclusion and Resilience

The initiative aims to unlock resources for innovative startups providing low-income households and businesses with financial tools that can help them support their livelihoods and build financial resilience.
Press Release

Washington DC, June 15, 2020 /3BL Media/ – A group of global organizations driving innovation and investment in financial services for low-income populations announced the launch of the 2020 Inclusive Fintech 50 application period. In its second year, the initiative will identify a cohort of 50 high-potential, early-stage, and innovative fintech startups driving financial inclusion and resilience for the 3 billion financially underserved people worldwide.

CIT Wins Three Stevie® American Business Awards

Press Release

NEW YORK — May 27, 2020 /3BL Media/ — CIT Group Inc. (NYSE: CIT) today announced that it has won three Stevie ® American Business Awards for business excellence. The awards include a Gold award for Achievement in Management – Banking, a Silver award for FinTech Solution and a Silver award for Corporate Social Responsibility Program of the Year.

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