As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, presented a Cornerstone Award to Dallas-based Comerica Bank for its Gift of Knowledge project. Kevin Mondy, president and executive director of Project Still I Rise, accepted the award at the Texas Bankers Association’s 135th Annual Convention at the Fairmont in Austin.
We recently reviewed the ESG coverage status for the 8,686 companies in the MSCI ACWI (All Country World Index). The ACWI is a popular benchmark for many investors, because it includes approximately 85% of the global opportunities for equity investment. We felt it would be useful to see how much ESG information is currently available on the companies on this type of broad index.
Santander UK has launched a new strategic framework for Sustainability with the release of its 2018 Sustainability Report. The Sustainability strategy reflects Santander’s ambition to be a responsible bank and to further integrate social and environmental considerations into business decisions. This report highlights the importance of transparency in responding to key environmental, social and governance issues and how Santander is bringing its purpose to life – to help people and businesses prosper.
With motors and machine tools surrounding her, Iris Peralta smiles as she wields a welding gun at her workstation. Her work on the factory floor is to create new specialty parts for high-end sports cars.
CEOs from institutional investor firms BlackRock and State Street released their annual guidance to companies on practices they “believe will drive sustainable, long-term growth, and profitability.” These letters were issued amidst widespread cynicism, both socially and economically, while anxious chatter continues about the role of business, capitalism, and strategic time horizons.
Wondering how to develop and communicate your company's long-term plan? Building on a significant body of original research and ongoing feedback from institutional investors, CECP’s Strategic Investor Initiative (SII) has released a template for companies seeking to develop and communicate effective long-term strategic plans that help inform investment, voting, and engagement decisions. According to buy-side investors, the long-term should be described in terms of goals, metrics, and milestones, to enable a deeper understanding of the strategy and to track progress as it is implemented.
As we approach Summer 2019, 2018 feels distant. With hindsight comes clarity, making now a great time to look back at the biggest trends and insights that defined the corporate social investment space last year.
Chief Executives for Corporate Purpose (CECP) launched Investing in Society last year with one overarching goal: to compile the industry's biggest trends and insights into one semiannual report. Developed from CECP’s original research, thought leadership, findings from the Giving in Numbers: 2018 Edition, thousands of discussions with more than 200 of the world’s largest companies, and engagement with leading experts and practitioners, Investing in Society is a 360-degree view of the corporate sector’s role in solving some of the world’s most pressing issues.
T. Rowe Price has released its inaugural Environmental, Social, and Governance Annual Report, accompanied by a white paper highlighting the need for investors to consider the interaction between water, energy, and food – referred to as the ‘WEF Nexus’.
Is your organization committed to creating greater social impact through workplace giving, corporate citizenship, CSR, and employee giving and engagement programs?
Register for FREE by May 22nd and join us at the Collective Impact Conference in Washington, D.C. on June 7th!
Offering an innovative, safe space for cross-sector collaboration, the Collective Impact Conference will allow participants to explore ways to engage in the business of giving back through workplace giving, employee engagement, and related areas of philanthropy.
In a world of rapidly accelerating change and shifting customer expectations, TD believes that it is incumbent on organizations to reimagine responsible business practices to ensure they are helping to make a positive impact on the communities where they do business.
Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
