The sustainability nonprofit Ceres and The SustainAbility Institute by ERM (the SustainAbility Institute) today released a new report outlining solutions and recommendations to guide the private equity industry in addressing the systemic risk that climate change poses to the global economy.
Multipliers of Prosperity is an award-winning thought leadership platform that features stories from MetLife Foundation’s grantees. It includes videos, infographics, and other content on the work of financial inclusion. This unique resource, developed in partnership with WSJ. Custom Studios, helps share best practices, insights, and information about financial inclusion issues. It is the Foundation’s contribution to sharing knowledge and raising awareness of financial inclusion around the world.
As featured in the MetLife Annual Report 2016: These grants are leveraging the power of behavioral economics to drive change. Common Cents Lab at Duke University | Social scientists call the gap between what people know they should do and what they actually do the “intention-action” gap. Bridging that gap is important for financial health because financially self-defeating behaviors can have serious consequences. Common Cents Lab is a three-year initiative aimed at using behavioral economic insights to test innovations that can help low-income Americans make better financial decisions.
As featured in the MetLife Annual Report 2016: Nothing inspires innovation like competition. So MetLife Foundation teamed up with Verb, a company that specializes in social innovation, to develop a competition that brings together entrepreneurs and MetLife associates across four regions. The program launched in Ireland, China, and India, with more than 250 social ventures competing and 240 MetLife associates volunteering nearly 1,000 collective hours as mentors and judges.
Off Grid Electric is the world’s first distributed clean energy utility, providing affordable, solar energy to households that struggle with spotty or nonexistent grid access. They sell solar energy systems on a pay-as-you-go, lease-to-own model – costing some homes as little as $7 a month. That way, customers don’t have to worry about making a daunting financial investment upfront.
Morgan Stanley Investment Management has raised more than $125 million in final commitments for its first global impact fund, PMF Integro Fund I (“Integro” or the “Fund”).
MetLife Foundation designed its financial inclusion strategy after extensive consultation with global leaders in the industry. We wanted to ensure that our work built on, rather than duplicated, efforts already underway.
MetLife Foundation and Sesame Workshop, the nonprofit educa- tional organization behind Alam Simsim, launched a new multimedia global initiative today called “Dream, Save, Do: Financial Empowerment for Families.”
JPMorgan Chase & Co. today announced that it will expand the firm’s commitment to Detroit’s economic recovery, expecting it to reach $150 million by 2019. The announcement comes as the firm exceeded its initial $100 million, five-year investment two years ahead of schedule.
The rise of the smart city will rely on the ability of stakeholders to collaborate, engage citizens and act on data. Partnerships are hard at work and planning is under way to overcome the legacy of siloed services, focus on integrated systems that will ultimately be more adept at delivering critical services, empower communities and elevate our quality of life.
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