Annual savings from in-house transportation to be reinvested in Lancaster Works, allowing ASSETS to grow by 25% and help place an additional 60+ workers
LANCASTER, PA, March 31, 2021 /3BL Media/ – ASSETS, the Lancaster-based nonprofit that works with businesses to help transform the community, will now have its own sustainable transportation for its social enterprise employment agency, Lancaster Works.
The intersection of a global pandemic and reinvigorated demands for racial equity and social justice has created a gut-check moment for communities across the country, one that calls for a “new model” of place-based philanthropy. Now is the time to re-imagine a community and economy that work for all and re-invest to make them happen.
Return on net operating assets (RONOA) is a core measure of financial sustainability that measures how effectively we use our asset base to generate profit.
In 2017 Sappi North America achieved a 4.7 percent RONOA, down only slightly from the prior year due to very challenging conditions in graphics and release markets. Disciplined cost management and strong performance in our dissolving wood pulp helped to offset the impact of these headwinds.
US sustainable, responsible and impact (SRI) investing continues to expand. The total US-domiciled assets under management using SRI strategies grew from $6.57 trillion at the start of 2014 to $8.72 trillion at the start of 2016, an increase of 33 percent, as shown in Figure A. These assets now account for more than one out of every five dollars under professional management in the United States.
This originally appeared in Bloomberg Markets Magazine
Getting a handle on environmental, social, and governance information has become more crucial for investor relations officers and other corporate executives. A lot of money is invested in accordance with ESG-related guidelines these days. The 1,380 institutions that have signed the United Nations’ Principles for Responsible Investment, for example, oversee $59 trillion of assets.
As an organization, Bloomberg recognizes that to create true and enduring sustainable legacy they need their efforts to have both an internal and external impact. To have a more meaningful external impact, Bloomberg has created their Carbon Risk Valuation Tool which recently received the Environmental Leader Product & Project Award.
Read the blog from Bloomberg’s CEO and President Dan Doctoroff.
Two events in the UK’s House of Commons this week could mark a turning point in recognition of an invisible risk to the world’s economy – how natural capital underpins the security of our financial system.