Economic Growth CSR News

New Report Explores Private Equity's Role in Addressing Climate Threats to the Global Economy

Findings from Ceres and the SustainAbility Institute by ERM include recommendations on how to mitigate risk and realize investment opportunities related to the climate crisis
Press Release

June 8, 2021 /3BL Media/ - The sustainability nonprofit Ceres and The SustainAbility Institute by ERM (the SustainAbility Institute) today released a new report outlining solutions and recommendations to guide the private equity industry in addressing the systemic risk that climate change poses to the global economy.

Why Pets Could Be a Long-Tail Investment Trend

The $100 billion pet industry is poised to nearly triple to $275 billion by 2030 thanks to a surge in new owners, favorable demographics and increased per-pet spending.
Article

The pandemic has upended the lives of humans, but for pets, it's been a bonanza: Their owners have been home all day, showering them with attention and treats.

A lot of new faces are also turning up at the dog park. Morgan Stanley’s housing strategists estimate that the growth trend of U.S. pet ownership more than tripled during the pandemic, while spending on everything from veterinary care to pet accessories has proven resilient, even during the recession.

Franklin Templeton Part of Corporate Call to Action That Announced New Commitments to Improve Economic and Racial Equity in Financial Services Industry and the Economy

Newsletter

Franklin Templeton and fellow members of the Corporate Call to Action: Coalition for Equity & Opportunity (CCA), a corporate social justice initiative launched by the Connecticut Office of the Treasurer in partnership with the Ford Foundation, announced four new commitments to improve economic and racial equity in the financial services industry and the economy at large.

Black & Veatch Management Consulting Names New Leaders to Accelerate Growth in Transactions and Infrastructure Modernization

Demand for transaction analysis and infrastructure services leads global management consulting leader to elevate team leaders
Press Release

OVERLAND PARK, Kan., May 17, 2021 /3BL Media/ – As organizations around the globe work to modernize aging infrastructure, embrace decarbonization and adopt advanced technologies, Black & Veatch Management Consulting, LLC, announces today that it has promoted  three leaders to expand its strategic services for new and existing clients.

ESG Ratings: Naive Hubris or a Practical Solution for Investors Seeking Responsible Outcomes?

by Katy Quicke
Article

It may come as some surprise that sustainable investing turned a corner as the Covid-19 pandemic upturned the world and played havoc with financial markets.

The global disruption has brought into sharp focus the need for a more responsible approach to world politics and capital allocation.

The vaccine roll-out has switched on the light at the end of a long tunnel and investors are committed more than ever to making the ‘right’ investments, as the lens is once again fine-tuned on climate change and social equality issues.

Sustainability in the Capital Markets is Here to Stay

Article

Green and sustainable finance has moved from being a niche play to taking pole position in the global economic race over the past decade. It has been transformed from a nice-to-have agenda item to an urgent discussion in the global capital markets.

As the pace of growth for sustainable finance and impact investing continues to speed up, green and sustainability-linked bonds have gained significant traction among businesses seeking to capitalise on their long-term sustainability performance. 

PNC Announces $88 Billion Community Benefits Plan

Four-year plan developed in connection with PNC's pending acquisition of BBVA USA; Expands economic opportunity support for minorities and low- and moderate-income individuals and communities
Press Release

PITTSBURGH, April 27, 2021 /3BL Media/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a Community Benefits Plan to provide $88 billion in loans, investments, and other financial support to bolster economic opportunity for low- and moderate-income (LMI) individuals and communities, people and communities of color, and other underserved individuals and communities over a four-year period beginning Jan. 1, 2022.

Fifth Third Momentum® Banking Offers Ease of a Digital Bank with Personal Support When You Need It

Features include Early Pay, Goal-based Savings and No Monthly Maintenance Fee
Press Release

CINCINNATI, April 27, 2021 /3BL Media/ – Fifth Third Bank, National Association, is proud to launch Fifth Third Momentum® Banking – a first of its kind, everyday banking solution. It combines the features and innovation of a digital-first bank with the security, reliability and local presence of a 163-year-old institution committed to the communities it serves.

Global Initiative Grows to 87 Investors Managing $37 Trillion, With the World's Three Largest Asset Managers Now Committing to Net Zero Goal

Summary: 

Ahead of Earth Day and Leaders Summit on Climate, the Net Zero Asset Managers initiative announces it now includes BlackRock, Vanguard, and State Street Global Advisors Asset managers promise to work with clients to reach net zero emissions by 2050 or sooner and set 2030 emissions reduction targets

Press Release

Ahead of Earth Day and Leaders Summit on Climate, the Net Zero Asset Managers initiative announces it now includes BlackRock, Vanguard, and State Street Global Advisors Asset managers promise to work with clients to reach net zero emissions by 2050 or sooner and set 2030 emissions reduction targets

Pages

Subscribe to Economic Growth