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.
Acumen, the nonprofit global venture fund, today announced its first financial inclusion investment under its Acumen America portfolio. Launched in 2016, Acumen America invests in social enterprises addressing the problems of poverty in the United States with a focus on the sectors of health care, workforce development and financial inclusion.
World Environment Center (WEC) and DFGE Institute for Energy, Ecology and Economy will expand their cooperation to help organizations to better integrate Sustainability Intelligence into companies’ daily business from a corporate as well as from a global perspective. First outcome of the partnership will be another webinar in March 2018 addressing "Climate-related Disclosures and Investment Decisions".
Since Homewise founding in 1986, we’ve helped over 14,000 households become more financially educated, 3,600 become homeowners, 2,100 make energy-efficient home improvements and emergency repairs, 600 refinance to more affordable mortgages, and we have built over 600 high-quality affordable homes. These results are made possible through the support of our investors and donors, who serve as our partners in helping families build financial resilience and stability through successful homeownership.
Community impact investments focus on positive criteria for inclusion in a portfolio and can include a wide range of intentions such as affordable housing, neighborhood revitalization, and small business development. These types of investments provide capital to help finance affordable homeownership, loans to start or improve small businesses, loans to rehabilitate affordable rental housing properties and healthcare facilities, and improvements to communities nationwide such as green technology, revitalization activities, rural community development, and more.
Large scale disasters, design thinking, and more will affect corporate social responsibility professionals in 2018. Warren Buffet has stated that natural disasters have a greater economic impact than terrorism. As an example, Puerto Rico’s economy is expected to shrink by 8% because of Hurricane Maria, according to the Economist Intelligence Unit.
2017 was a transformative year for the environment, with numerous national and regional policies introduced or implemented, such as Canada's federal cap-and-trade policy; a shift in the direction of U.S. climate-action policy with the federal government sharing its intention to withdraw from the Paris Agreement; extreme weather events such as Hurricane Harvey and Irma, and wildfires in the west.
As the legislature gears up for the 2018 session, over 50 New Hampshire businesses united in calling for the Legislature to support economic growth and business development through advancing clean energy policies. Dartmouth Hitchcock, Hannaford Supermarkets, Hypertherm, Velcro Companies, Timberland and Worthen Industries are among the businesses that signed on to a series of “Clean Energy Principles.”
This year has been challenging for sustainability in many respects, but there have also been exciting developments in the sustainability reporting landscape. In part 2 of this short series, GRI looks back at efforts with the Sustainable Development Goals and developments with the investor community.
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Trane Technologies is a global climate innovator with a clear purpose to boldly challenge what’s possible for a sustainable world. See how embedding...