More than half of syndicated lending of major U.S. banks is exposed to climate risk, potentially leading to significant losses for the banking sector and the broader economy.
Calls grow louder for U.S. banks to set Paris-aligned emissions reduction targets in the coming year.
By John Levy, Director of Impact Investing for Franklin Real Asset Advisors
Article
Originally published on September 22, 2020 in Pensions & Investments
The economic implications of COVID-19 are yet to be fully realized, but the expectations of the detrimental impact are sobering. The pandemic has not only shaken up reality but has woken the world up to addressing underlying societal and economic issues that may have previously been dismissed.
Initiative to Assist Small Businesses Financially Impacted by COVID-19
Press Release
MEMPHIS, Tenn., October 19, 2020 /3BL Media/ — FedEx Corp. (NYSE: FDX) recently announced the completion of the company’s #SupportSmall Grants program. Two-hundred business owners were chosen out of almost 50,0000 applications to receive a $5,000 check as well as a $500 credit for FedEx Office® print and business services to help support their small business during the COVID-19 global pandemic.
By Liz Ozaist, Global Content Lab Editor-in-Chief, Johnson & Johnson
Summary:
When you're the CFO of a company, you have a holistic view of how a pandemic can touch every aspect of a business, especially when it's a healthcare company. So we posed inquiring mind questions to Joe Wolk about what the past eight months have been like for him at the financial helm of the company—via a Zoom interview.
Blog
When you're the CFO of a company, you have a holistic view of how a pandemic can touch every aspect of a business, especially when it's a healthcare company. So we posed inquiring mind questions to Joe Wolk about what the past eight months have been like for him at the financial helm of the company—via a Zoom interview.
In the context of the news this week, we find ourselves in another pivotal moment. Not only is it Climate Week, but the U.S. faced yet another racial injustice in Breonna Taylor’s court ruling. Today’s newsletter addresses these issues and how they, and so many other issues of today, intersect.
If the value of all goods and services produced by the Latino community in the U.S. were a standalone economy, it would be the 7th largest in the world. Today, there are 4.37 million Hispanic-owned businesses in the U.S., which contribute more than $700 billion to the economy annually, according to the U.S. Hispanic Chamber of Commerce. These businesses have provided almost 2.7 million jobs to U.S. workers.
New book from industry leader in green building performance explores building reuse, water and energy independence, biophilic design, and a carbon-free future.
Summary:
New book from industry leader in green building performance explores building reuse, water and energy independence, biophilic design, and a carbon-free future.
Press Release
New book from industry leader in green building performance explores building reuse, water and energy independence, biophilic design, and a carbon-free future.
At a time when the climate crisis and other systemic risks loom over the economy, the U.S. Securities and Exchange Commission’s 3-to-2 vote today amending its rule on shareholder proposals would make it harder for investors to manage the financial risks associated with these trends.
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays. This was disappointing and surprising, but provides a valuable lesson to other leaders: Although PayPal's internal analysis showed that it paid at or above market value for each of its employees, the wages were not always sufficient for many families.
