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.
Imagine turning $25 loans into more than $21 million, impacting more than 1 million people globally, in just five years. No, this isn’t the latest Shark Tank pitch. It is the outcome of Hewlett Packard Company’s Matter to a Million employee-engagement program.
Last week, I sat on a panel with Bank of America Vice Chairman Anne Finucane and Goldman Sachs Managing Director Dina Powell to discuss the state of gender equality in the workplace at Bloomberg’s annual ‘The Year Ahead Davos’. Our conversation focused on the financial imperative for representation across organizations – from the trading floor to the boardroom – and the key trends driving the evolution of equality. Following our productive discussion, I came away with four major factors catalyzing this change:
This month, Bloomberg released the 2019 Gender-Equality Index (GEI), which includes 230 companies across industries that are committed to transparency in gender reporting and promoting equality. In my role as the head of the Index, I have had the opportunity to connect with business leaders from many of these organizations and gain a stronger insight into why companies report gender data and the value in participating. Below are a few highlights from my conversations with CEOs across the globe on the impact the Bloomberg GEI has had on their organizations.
MetLife Foundation and Commonwealth announced a new project, Making Wealth Common: Extending Financial Opportunity for All, which aims to reverse this trend beginning with over 300,000 financially vulnerable Americans.
Wells Fargo & Company (NYSE:WFC) and NeighborWorks® America announced today that more than 3,900 homeowners were created in 2018 through the Wells Fargo NeighborhoodLIFT® program — bringing the total number of homeowners assisted to nearly 20,000 since LIFT programs were launched in 2012 in Los Angeles and Atlanta.
Cancer - we're all way too familiar with this scary word and have all been touched by this awful disease in one manner or another. But what exactly is it? Can it be prevented? What research and actions are being taken to treat and cure cancer?
We are excited to announce our new partnership with Concern Worldwide in Burundi to support their Terintambwe program, which provides case management services to ultra-poor households so they have opportunities to become more self-sufficient and start small businesses.
Sodexo Stop Hunger Foundation announced today that it will offer grants totaling $ 40,000 to The Capital Area Food Bank and to Manna Food Center (Manna), two not-for-profit organizations. The grants will support efforts by those organizations to make nutritious food accessible to those in need. Due to the partial government shutdown, more families needed food assistance and food banks, nonprofits and community leaders were attempting to fill the gap.
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America, MANNA, Inc. and Community Housing Partners today announced the NeighborhoodLIFT® program will launch for Washington, D.C., and Prince George’s County, Maryland, with a $7.1 million commitment by Wells Fargo to boost local homeownership.
The UN Global Compact Bulletin is designed to keep participants up to date on news, actions you can take, resources and events. Participants are encouraged to look to this monthly communication for important information. Please note that actions and events are intended for Global Compact stakeholders, unless otherwise indicated. The Bulletin is published in English, French, Spanish and Chinese.
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Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
