Merck KGaA, Darmstadt, Germany, a leading science and technology company, today announced a $20 million commitment to CNote, a technology-based investment platform. The investment will support economic growth and opportunity in communities across the U.S. by providing capital to support BIPOC-owned (Black, Indigenous, and people of color) and women-led small businesses.
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, today released its annual corporate social responsibility (CSR) report and announced a 2030 environmental target to reduce aggregate Scope 1 and Scope 2 greenhouse gas emissions intensity by 50 percent by 2030. 
US nonprofit GRID Alternatives launches new projects to provide renewable energy
As part of Illumina’s long-term commitment to sustainability, the Illumina Corporate Foundation made a one-year, $500,000 grant to support GRID Alternatives (Generating Renewable Ideas and Development Alternatives), a nonprofit committed to increasing access to renewable energy and training people for clean energy jobs.
The showdown continues: on one side we now see attorney generals in 19 states putting pressure on asset management firms that embrace “sustainable investment” or “ESG” policies that influence the various states’ public employee pension systems. The AGs claim that “an emerging trend of political initiatives [that address climate change] sacrifice their states’ pension plans from accessing “high quality” investments. (Read: the equities and fixed income securities of fossil fuel companies.)
Now that the Cisco Global Problem Solver Challenge 2022 winners have been officially announced, you’ll want to learn more about each winning team and the story behind each innovation. The Cisco Global Problem Solver Challenge is an online competition that awards cash prizes to early-stage tech entrepreneurs solving the world’s toughest problems.
Awards Recognize Excellence in the CSR field, including New Corporate Social Impact Team of the Year Category
September 13, 2022 /3BL Media/ - Today the Association of Corporate Citizenship Professionals (ACCP) announced the winners of their annual Purpose Awards for exceptional leaders in corporate social responsibility (CSR). The awards, presented in partnership with Rocket Social Impact, recognize CSR professionals making a significant social impact within their companies and communities.
Consider the influence of the public sector employee retirement systems in the capital markets: the almost 6,000 pension plans (of states, cities, municipalities, etc.) cover about 15 million workers and families and manage about $4.5 trillion in assets of various classes.
The Survey of Fortune 500 Companies Shows Disappointing Trends in Hispanic Inclusion Overall.
WASHINGTON, September 29, 2022 /3BL Media/ - Hispanic inclusion in Corporate America stalled or reversed course during 2021, according to the 2022 HACR Corporate Inclusion Index™ (CII) released today. The report, themed “Three Years Later: The Post-Crisis Recalibration of Corporate America’s Hispanic Diversity, Equity, & Inclusion Practices,” aggregated data from 82 participating corporations, the majority of which are Fortune 500 companies.