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.
Now that millennial-aged employees represent the majority of the workforce, it’s increasingly important that corporate management teams finds ways to engage these employees in the company. Creating defined contribution plans which connect to millennial core values – like solving human, social and environmental problems through their work and investments – can spur employee engagement, spark innovation and provide companies with a competitive edge in their pursuit of the “best and brightest” employees.
Today, a joint hearing by the Subcommittee on Environment and the Subcommittee on Digital Commerce and Consumer Protection will discuss the economic impacts of vehicle fuel economy and emissions standards and how multiple agencies work together to develop and enforce these policies that provide fuel costs savings for businesses and consumers, regulatory certainty and increased sales for suppliers, and a kind of insurance policy for automakers in the event of a fuel price spike.
The sustainability nonprofit organization Ceres joined forces with investors and partner organizations worldwide today to help launch a new five-year global initiative led by investors to engage with the largest corporate greenhouse gas emitters in North America and around the world to act on climate change. The effort is backed by more than 225 global investors, including nearly 70 North American investors, with USD $26.3trillion in assets under management at the time of launch.
The World Business Council for Sustainable Development (WBCSD) has released the CEO Guide to climate-related financial disclosures. The new guide, written in partnership with the CEOs of 25 WBCSD member-companies, sets out clear actions that CEOs can take to align their organizations with the recommendations of the Taskforce for Climate-related Financial Disclosure (TCFD).
Microensurer Cebuana Lhuillier Insurance Solutions (CLIS) has joined Business Call to Action (BCtA) with a commitment to increase the number of Filipinos covered by microinsurance from 6 million in 2016 to 8 million in 2020, expanding insurance coverage to 60 percent of the country’s population.
Postobón SA, Colombia’s leading producer of non-alcoholic beverages, has joined Business Call to Action (BCtA) with a pledge to provide stable livelihoods for 3,000 smallholder farmers through is integrated supply chain by 2020, impacting 15,000 people in all (including farm workers and farmers’ families. To achieve this, the company aims to increase the percentage fruits supplied through its inclusive programme called Hit Social Postobón, to 40 percent by that same year.
According to the Better Business Better World report by the Business & Sustainable Development Commission, achieving the Global Goals could open up an estimated US$12 trillion in market opportunities in four economic systems: food and agriculture, cities, energy and materials, and health and well-being. They represent around 60 percent of the real economy and are critical to delivering the United Nations Sustainable Development Goals (SDGs).
“When the money came through my phone via M-Pesa[1], I was sure it was a mistake! I was sure someone had erroneously sent me money. So I waited for the sender to call me and demand that I return the money,” Jacinta Mutuse, a farmer from Wote, Makueni County, Kenya, narrates. She had just received about KES 900 (USD 9) on her mobile phone as a payout through the Replanting Guarantee Maize Insurance Product (RPG). The RPG is an index product which covers the risk of poor rainfall during the crops’ germination phase that necessitates replanting.
The SDGs represent an unprecedented global consensus to align our efforts for the next 13 years on a comprehensive and ambitious development agenda for people and the planet. This level of ambition now needs to be matched with the necessary resources, innovation capacity and partnerships to drive implementation.
The communities where Chemours operates are also where we live, work, and play, and our mutual success is one and the same. We have a vested interest...
Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
Trane Technologies is a global climate innovator with a clear purpose to boldly challenge what’s possible for a sustainable world. See how embedding...
