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.
Wells Fargo & Company (NYSE: WFC) today announced a total of $500,000 in donations to five local nonprofits to help revitalize Jacksonville neighborhoods through the Wells Fargo NeighborhoodLIFT® program.
The implications are clear for publicly traded companies, said the ratings agency: “We may begin to see institutional investors build climate risk factors into their portfolio selection processes, thereby placing greater emphasis on climate when directing investments.”
In its new annual corporate sustainability report, Catalyst for a Better World, Ecolab Inc. (ECL) highlights how it helps customers reduce water and energy use, ensure clean hospitals, hotels and restaurants, and safely produce the world’s food and energy.
Commercial banks have been stepping up their game to ensure full customer satisfaction and convenience with minimum or no security disruptions. In that vein, Scotiabank T&T Ltd will be introducing intelligent deposit machines (IDMs) in the coming months.
Seeking new frontiers in green energy is what CLP Chief Financial Officer Geert Peeters is committed to as he charts the way forward for sustaining the company’s growth and powering the communities it serves.
In my 25+ year career, I’ve had the opportunity to help individuals and organizations connected to the causes they care about. As President and CEO of America’s Charities, I also have the vantage point of seeing how employee giving and volunteering has rapidly transformed over the past few years.
In “Short-Termism is Harming the US Economy,” Jamie Dimon and Warren Buffett argue that executives who target quarterly, short-term results often do so at the sacrifice of long-term strategy and results. This, in turn, harms the sustainable success of companies and the economy as a whole. As part of CECP’s Strategic Investor Initiative, a coalition of long-term oriented companies and institutional investors, the call to action is clear: It is time for short-termism to end. There is an alternative. Rather than race to attract fickle traders, executives should instead aim to woo “patient capital” by adopting long-termism.
Globally, women influence or control more than 25 percent of wealth, but a lack of access to affordable financial products and services can hold them back. BNY Mellon helps increase women’s financial inclusion to improve their lives, communities and society.
Once women establish a financial footprint by opening checking or savings accounts, they can build their financial empowerment through the use of payment systems and loans, which help women achieve financial health and enable them to mitigate risk and plan and save for the future.
The more women realize their full potential as independent and empowered financial agents, the more improvements will be evident in local health and educational outcomes, along with expansions in entrepreneurship and greater overall financial security.
MetLife, Inc. today announced its impact investment portfolio grew to $50 billion in 2017, an increase of 12 percent year-over-year from 2016 to 2017, and MetLife Foundation reached more than six million low-income individuals through the fourth year of its five year, $200 million dollar commitment to financial inclusion.
Sappi Limited board member and SETS Committee Chair Valli Moosa and Sappi North America’s Chief Business Sustainability Officer Jennifer Miller exchange thoughts on sustainable forestry.
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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...