The federal government’s massive increase in spending in response to the COVID-19 pandemic is contributing to “substantially better” economic outcomes than would have been the case without those measures, while raising net debt levels only marginally over what they would have been, a new Scotiabank Economics report says.
The economic impact of the pandemic on households and businesses would also have been worse without the stimulus, with unemployment reaching 15% as opposed to the anticipated 13%, the report says.
Whole Planet Foundation is grateful to our partners and participants who are mobilizing to support microentrepreneurs around the world on June 27th!
Pivoting from a physical 5K Run in Austin, Texas to an online event due to COVID-19 has meant partners like Hope for Haiti are joining Whole Planet Foundation from a safe distance to alleviate poverty through microcredit around the globe. On average, microcredit loans are less than $200 and enable low-income entrepreneurs, mostly women, to start or develop their own small businesses to support their families. For the past 5 years, Hope for Haiti has been investing in Haitian economy by making nearly $1 million in grants and loans to support Haitian entrepreneurs and social businesses.
Corporate lobbying, governance proposals receive record levels of shareholder support at virtual annual general meetings and help to advance initiative’s aims
June 23, 2020 /3BL Media/ - Proposals filed by Climate Action 100+ investor signatories calling on major oil and electric power companies to disclose lobbying activities and improve governance on climate change garnered record levels of support at this year’s U.S. Proxy Season.
Based on a roundtable discussion attended by asset owners, investment consultants, asset managers, civil society leaders and regulators
This whitepaper captures the discussion from a roundtable, convened by Helen Pradas-Page on 3 March 2020, under Chatham House rules, where we asked the question ‘How Can Successful Stewardship be Meaningfully Reported?'
Company receives up to $450,000 in EDGE Credits from the State of Indiana to bring economic diversity and revitalization to the region
FISHERS, Ind., June 15, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation, is proud and dedicated to work with all stakeholders to grow economic diversity and opportunity in areas that have been adversely affected from the decline in thermal coal as our society transitions away from coal-based fuels. Due to its continued commitment to invest in Greene County, Indiana to grow and scale Coal Cra
Funds will provide immediate financial relief, sustained support and long-term investment to expand economic opportunity for Black and underrepresented minority businesses and communities
SAN JOSE, Calif., June 15, 2020 /3BL Media/-- PayPal Holdings, Inc. (NASDAQ: PYPL) on June 11, 2020 announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and inclusion within the PayPal community.