Economic Growth CSR News

Whole Planet Foundation Field Officer Awards for Africa and the Middle East

by Brian Doe, Regional Director For West Africa and the Middle East
Blog

Unlike at traditional banks, portfolio managers for microfinance institutions need to travel daily to villages and often the homes of their clients as a key part of building a bond with the entrepreneurs they want to ensure succeed with the loans they take from Whole Planet Foundation's partners. This means long days in the field, unexpected dangers or obstacles and putting in overtime to help a client that may need some extra mentorship or support to succeed. The photo above shows a Field Officer assisting with a savings and loan meeting organized by Village Enterprise in Uganda.

Ceres CEO and President Tapped to Serve on U.S. Federal Advisory Committee Focused on Tackling Climate-Related Risks in Capital Markets

Press Release

November 19, 2019 /3BL Media/ - Ceres CEO and President Mindy Lubber has been appointed to the first-ever U.S. federal advisory committee focused on addressing the short and long-term financial and market risks posed by climate change to capital markets and throughout the broader economy.

New Ceres Report Calls on Corporate Boards to Oversee Sustainability Risks As Global Climate and Water Crises Worsen

Press Release

November 20, 2019 /3BL Media/ - A new report released today by the nonprofit organization Ceres calls on corporate boards to systematically and explicitly oversee environmental, social and governance (ESG) risks in order to keep their businesses resilient in the face of growing global climate and water crises.

Scotiabank to Mobilize $100 Billion by 2025 to Support the Transition to a Lower-carbon and More Resilient Economy

Scotiabank's Climate Commitments to focus on a broad range of opportunities and initiatives across its business lines and operations
Press Release

TORONTO, Nov. 14, 2019 /3BL Media/ - Recognizing the critical role that the financial services sector plays in the transition to a low-carbon, more resilient and prosperous future, Scotiabank today announced its Climate Commitments to support clients in the transition to a low-carbon economy and decarbonize its own operations.

Scotiabank's five commitments, detailed in a public position statement on the Bank's website, are:

Xoom Rolls Out Domestic Money Transfer Services in the U.S.

PayPal’s international money transfer service works with Walmart and Ria to offer cash pick-up in minutes at 4,700 Walmart and 175 Ria locations across the country
Press Release

SAN JOSE, Calif. November 12, 2019 /3BL Media/ – Xoom, PayPal’s international money transfer service, today rolled out the ability for customers to send money to recipients in the U.S. for the first time. Through strategic alliances with Walmart and Ria, Americans can now use Xoom to send money fast for cash pick-up typically in minutes at nearly 5,000 locations across the country*. 

Withdrawing From Paris Agreement Will Hurt U.S. Economy and Communities Around the World

Press Release

November 5, 2019 /3BL Media/ - The Trump administration formally set in motion its plans to officially withdraw from the Paris Agreement, a step that is in stark contrast to the interests of thousands of investors and companies that have called for the U.S. to remain in the landmark accord and one that puts the U.S. at a significant disadvantage as the only country in the world not participating in the global pact, said the sustainability nonprofit organization Ceres. 

Family Compensation Fund Improves the Lives of More Than 800 Colombian Farmers

Blog

The Comfandi Family Compensation Fund is improving lives by providing affordable essential services to low-income people and creating employment opportunities throughout its company value chain.

Entrepreneurs and the Racial Wealth Divide: A Q&A With Jessica Norwood

Article

African American entrepreneurs have a significantly harder time than their white counterparts do in securing funding from friends and family to launch their businesses. Entrepreneur Jessica Norwood founded the Runway Project to help them get the seed funding they need to get off the ground. She talked with the Erb Institute about how this approach both enables these entrepreneurs and benefits the broader business community.

Why did you start the Runway Project?

Fires in the Amazon: Why Investors Are Calling on Companies to Help End Deforestation

Blog

Images of the Amazon rainforests engulfed by smoke and flames that spread across the globe in recent months were a clear signal about the growing urgency to tackle devastating deforestation. The ongoing destruction reminded us of the need to ensure that we all do our part to protect the Amazon, the world’s largest rainforest. 

Benevity Announces $40M in Series C Funding From General Atlantic and JMI Equity

Investment Will Further Benevity’s Unmatched Reach and Innovation in Burgeoning Corporate Purpose Technology Sector
Press Release

CALGARY, Alberta, October 22, 2019 /3BL Media/– Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today announced that the company has raised $40M in Series C Funding from General Atlantic and JMI Equity.

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