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 town of Cabeza de Toro sits about five hours south of Lima, in the agricultural heart of Peru. For the past decade, this agricultural center has been home to the Manantial de Vida (Spring of Life) Dairy Services Cooperative. Today, this farmer-owned cooperative produces and collects milk to feed Peru’s growing population, while simultaneously providing dairy farmers in the region with a viable income.
Most bankers, economists and investors after a couple of drinks, will admit that money is not wealth. Money is a metric, like inches and centimeters, for tracking real wealth: human ingenuity and technological productivity interacting with natural resources and biodiversity undergirding all human societies along with the daily free photons from our Sun, as described in "Valuing Today's Circular Services Information Economies".
Last year, as Coastal Enterprises, Inc. (CEI) conducted a strategic review as part of its leadership transition, we found ourselves asking the same questions that were being asked across the country, on both sides of the political aisle. At the heart of those questions was the recognition that our economy is not working for everyone. And a major takeaway was that rural regions, gateway cities, and the people who live there were being left behind.
So, why create LOCUS now? We are living in times when more traditional public sources of community and economic development funding are challenged; many local governments are still struggling with revenue shortfalls and federal budget impasse seems like a perpetual state of affairs. In Don Macke’s words, “finding the financial resources necessary for community building is increasingly challenged; that is why I have come to believe that philanthropic impact investing represents such a promising solution”.
Our pulp and paper products are derived from renewable resources, made with high levels of renewable energy, and are designed to be reused or recycled. While it is difficult to identify a more sustainable industry than forest products, not all companies perform equally when it comes to operating safely and sustainably. We track our progress annually, and in the following pages offer an updated view of our performance in important areas of environmental and social responsibility. We monitor key metrics for fiber, emissions, energy usage and the impact of our operations on air, water and solid waste. We use this data when setting improvement goals related either to our operations or our interactions with our key stakeholder groups—employees, customers and our local communities. We uphold the
The rollback of America’s environmental regulations and international commitments has galvanized companies around the world to extend or redouble their efforts, according to a new report. “State of Green Business 2018,” published by GreenBiz Group in association with Trucost, part of S&P Dow Jones Indices, is the 11th annual assessment of the progress by companies around the world in addressing their energy, waste, water, greenhouse gas and other impacts, and in increasing their sustainability investments, transparency and other leadership activities.
At PayPal, we pride ourselves on always looking forward and never standing still. By challenging ourselves to do better and work harder we can better serve our customers and move further towards fulfilling our mission of democratizing financial services. With that said, however, I spent some time over the holidays reflecting on the past year – as I imagine many of you did as well – and wanted to offer a few thoughts and celebrate a meaningful milestone.
Green bonds are an example of innovation in financial services, allowing companies and investors to direct their capital to projects that are helping the transition to the low-carbon economy. Karen Clarke-Whistler, TD Bank Group's Chief Environment Officer and Amy West, Head of Socially Responsible Finance at TD Securities, talk about why green bonds are worth a second look for companies and investors alike.
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...
