by Debra Schwartz Managing Director, MacArthur Foundation
Often, the most compelling impact investments are made, not found.
I have used that phrase over the years to describe how foundations and other impact-focused investors use “catalytic capital” to support social and environmental progress. These patient, flexible, “catalytic” investments are able to take on more risk and/or accept a lower return than commercial capital in order to finance gains that would not otherwise be possible.
More than 2,000 small business owners will descend on Washington for the first-ever 10,000 Small Businesses Summit: The Big Power of Small Business from Feb. 13-14. They will charge Capitol Hill with more than 2,000 small business owners to chart a path for growth and share their experiences and insights with policymakers. Goldman Sachs Chairman and CEO Lloyd C.
The Global Business Coalition for Women’s Economic Empowerment (GBCforWEE) brings together a group of major multinational corporations - who were first convened in 2014 by Professor Linda Scott, Emeritus DP World Chair for Entrepreneurship and Innovation, as part of the Corporate summit on women's economic empowerment - to discuss how better to include women in the world econ
Fully two-thirds of countries are now considered “distrusters", compared to about half a year ago. This is a stunning collapse in trust.
At this year’s World Economic Forum gathering in Davos, Switzerland, PR firm Edelman shared its comprehensive annual Trust Barometer, confirming what we all know: global trust in institutions and leaders is at an all-time low. Fully two-thirds of countries are now considered “distrusters” (under 50% trust in the mainstream institutions of business, government, media and NGOs to do what is right), compared to about half a year ago. This is a stunning collapse in trust, even from last year’s low base.
Student teams, sponsored by Goldman Sachs and Qualcomm, recognized for homemade mobile apps
BENGALURU, India, August 18, 2016 /3BL Media/ Multinational corporations and local students are coming together in a grassroots effort to enable new opportunities and empower women in technology and entrepreneurship. Middle and high school female students will compete in the Women Enhancing Technology (WeTech) Graduation Pitch Event in Bengaluru, India, on August 20th.
Bank of America, Citi, Goldman Sachs, JPMorgan Chase, Morgan Stanley & Wells Fargo issue joint statement on the need for global climate agreement
NEW YORK Sept. 28, 2015 /3BL Media/ – Six major U.S. banks – Bank of America, Citi, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo – have issued a joint statement calling for cooperation among governments in reaching a global climate agreement. The statement, published today by the sustainability advocacy nonprofit Ceres, voiced support for policy frameworks that “will provide greater market certainty, accelerate investment, drive innovation in low carbon energy, and create jobs.”
Activity in the financial sector defined as responsible investing or socially responsible investing, has gotten a new term to fit a fast-growing, related practice: impact investing. Impact investing describes efforts that provide a return on investment while focusing on social and environmental issues. Criteria for the projected profitable outcomes of targeting such issues are an integrated component of the investment process. RI or SRI also includes negative criteria as part of its decision making.