Socially Responsible Investing CSR News

Meet the 2020 Techstars Atlanta Class

Blog

Techstars Atlanta is back and with a brand-new class of 10 startups. As the sole sponsor for the fifth consecutive year, Cox offers up-and-coming companies vital funding and advisement to expand Atlanta’s economy and culture of innovation.

Silence "Not an Option Anymore” - the Industry's Pledge to Diversity

Multimedia with summary

Our president for EMEA, Teresa Parker shares her insights on diversity and how financial institutions can play their part in making the industry more inclusive.

Read the piece by Perle Battistella from Global Investor Group

Wells Fargo Launches $400 Million Small Business Recovery Effort

The company donates all processing fees from Paycheck Protection Program to nonprofits helping entrepreneurs, minority-owned businesses
Press Release

SAN FRANCISCO, July 9, 2020 /3BL Media/ – Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled today the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild.

To Drive Financial Inclusion, Businesses and Nonprofits Must Come Together, Says This Executive

Words by Amy Brown
Article

For Theresa Bedeau, senior manager for community development banking at Capital One, the racial wealth gap is not some distant concept — it’s personal. 

Shining the Global Spotlight on Women-Led Startups

Blog

After using different forms of contraception for a decade, Marina Pavlovic Rivas was fed up with the various side effects and looking for a better option. She wanted something non-invasive, without hormones but still reliable. Her search came up empty.

So, Pavlovic looked to create her own solution with her partner Thomas Cortina and, last summer, Eli Health was born.

Whole Planet Foundation Virtual 5K Raises $63,000 for Low-Income Entrepreneurs

Blog

Fifteen hundred participants joined Whole Planet Foundation’s Power Your Purpose Virtual 5K to run, walk, bike or move for microcredit.  Registration fees, donations and sponsorships from this online event will fund more than 360 microcredit loans through Whole Planet Foundation, creating 1,900 opportunities for low-income entrepreneurs and their family members to change their own lives through entrepreneurship.

#BacktheFrontline: Joe Wolk, Executive Vice President, Chief Financial Officer, Johnson & Johnson

Multimedia with summary

Accelerated innovation. Resources in the hands of health workers. Profit returned to the frontline.

Learn more about how we #BackTheFrontline by investing in innovators developing scalable solutions to COVID-19 from Johnson & Johnson Impact Ventures Chair Joe Wolk.

Follow along with us on @JNJGlobalHealth on Twitter and/or Instagram to hear from our leaders, employees and partners around the world about how YOU can meaningfully contribute.

Ottawa's Spending Spree Was the Right Thing to Do, Economists Say

Blog

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.

Scotiabank Launches New Sustainable Finance Group Within its Global Banking and Markets Division

Press Release

TORONTO, July 2, 2020 /3BL Media/ - Recognizing its unique opportunity as a global financial organization to advance climate transition and promote sustainable economic growth, Scotiabank is pleased to announce the launch of a new Sustainable Finance Group within its Global Banking and Markets (GBM) division. The new team will further Scotiabank's Climate Commitments, announced in November 2019, to support clients in the transition to a low-carbon economy, decarbonize its own operations and contribute to the global conversation on climate change. 

$1.2 Million Awarded to Hitzke Development and Bridge Housing Partners to Build Affordable Housing for Veterans

Press Release

SAN DIEGO, June 25, 2020 /3BL Media/– LISC San Diego announced today that $1.2 million has been awarded to Hitzke Development and BRIDGE Housing Partners for pre-development on the Tranquility at Post 310 new construction project.

Tranquility at Post 310 is a 43-unit veterans development located at the site of the current American Legion Hall Post 310 in the emerging neighborhood of Southeastern San Diego.

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