The Evolution of Value Series - Part 6, by Wayne Visser
Another thought-leader in redefining value is Jed Emerson. After working as the director of a venture philanthropy fund in the 1990s, he was acutely aware of what he later called the “bifurcated value proposition” – the split between the social and financial bases on which investment performance was assessed. In 2000, he introduced a counter-proposition, which he called “blended value” – value that is a blend of economic, environmental and social factors, where maximising value requires taking all three elements into account.[i]
Welcome to the special 200th issue of GreenMoney…yes, 200 and going strong!
For this commemorative issue we are looking back and including many of our Readers’ Favorites, i.e., the most-read articles according to Google Analytics. We have also included a few of our own favorite GreenMoney articles, videos and podcasts. While researching, I looked back at our special 150th issue (from January 2020) and realized once again the articles are still quite interesting – so consider checking those out as well.
How companies and communities are coming together to create positive change.
By Taleisha Ming-White | January 14, 2022
It was 1963 when Dr. Martin Luther King Jr. said, “Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.”
The partnerships address the root cause of persistent inequities by creating opportunity for economic advancement
DUBLIN and MINNEAPOLIS, January 21, 2022 /3BL Media/ - The Medtronic Foundation today announced 13 new partnerships with leading organizations serving underrepresented and underserved K-12 students in Minnesota, Northern California and Puerto Rico. Partnerships will address the root cause of persistent inequities by creating opportunity for economic advancement and improving lives through Science, Technology, Engineering and Math (STEM) education.
January 21, 2022 /3BL Media/ - Fifth Third recently hosted an evening of art and culture that featured an exhibition of the work of renowned artist Brian Washington. The event, hosted by the Bank’s Inclusion and Diversity team, focused on including minority, veteran and LGBTQ+ performers, artists and vendors.
BOSTON, January 20, 2022 /3BL Media/ - FSG, a global social impact advisory firm, is pleased to announce that Shumeca Pickett has joined the firm as a managing director. In her new role, Shumeca will help lead the firm’s corporate racial equity work alongside a talented team of social change experts.
“2022 will mark the beginning of a decade of reconciliation with, and progress for, Indigenous peoples across the continent,” shared Stephanie Craig of Kith and Tessa Danelesko of Yulu PR. “What needs to be done to address historic wrongs and modern hurdles cannot be accomplished in one year, but significant headway in 2022 is our hope and responsibility."
In remembrance and celebration of Martin Luther King Jr. and his contributions, Mike Schmidt, SVP, Credit Risk, sat down with Calvin Hilton, Chief Diversity Officer, to reflect on his personal experience, the importance of Dr. King’s legacy and Alliance Data’s commitment to promoting inclusion, equality and respect for all.
*Editor’s note: some responses have been edited for brevity
Mike: If I think about the message and legacy of Dr. King and your experience, what is your first recollection and memory of Dr. King?