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.
Research by the Money Advice Service maintains that adult habits around money can be formed as early as the age of seven. And in this fast evolving technical age, where the whole, traditional transaction of purchase is often unseen (just look at iTunes and Uber), Visa Europe believes that teaching young people money management is more essential than ever.
Michael Bloomberg, the former New York City mayor, is to head a new global taskforce aimed at highlighting the financial exposure of companies to the risk of climate change.
TransCanada has been identified for the fourth year running as a leader for the quality of climate change related information it has disclosed to investors and the global marketplace. This recognition comes from CDP, the international not-for-profit that drives business and government action on climate change.
This past month, Legg Mason employees in our Baltimore, London, New York and Stamford offices once again took part in a global campaign known as Movember, a men's health charity that allows participants to bring awareness to topics such as prostate and testicular cancer, and mental health issues, by growing a moustache.
MetLife Foundation and Duke University today announced that, with support from MetLife Foundation, Duke University is launching the CommonCents Lab (the “Lab”), an initiative that will apply behavioral economics to identify new ways to help millions of Americans improve their saving and spending habits.
While the triple bottom line is now an established principle in sustainability circles, moving from the platitudes in CSR reports to the hard data investors seek to understand the ROI of these measures involves a far more rigorous approach to disclosure. In a recent presentation to SRI, JLL’s General Counsel, Mark Ohringer, and Global Treasurer, Bryan Duncan, provided the following practical insights on how to translate ESG impacts to shareholder benefits.
Getting a handle on environmental, social, and governance information has become more crucial for investor relations officers and other corporate executives.
What’s next? What do you see the markets doing next year, and why? It is a question that those of us who work on Wall Street are used to, yet hate to answer.
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