457 investors managing more than US$41 trillion in assets have released a new joint statement to all world governments urging a global race-to-the-top on climate policy
Global nonprofit Accion and MetLife Foundation announced today a new partnership to advance financial inclusion for underserved individuals around the world. The project – Building Financial Capabilities and Strengthening Institutions through Customer-Centered Innovations – aims to enhance financial customer engagement by building their capabilities. MetLife Foundation is providing $5.4 million in funding to support the program.
The United Nations Global Compact, in partnership with PIMCO and ENEL, convened a two-day symposium to mobilize private finance and investment around the Sustainable Development Goals (SDGs).
Union Bank of Nigeria (Union Bank) has joined Business Call to Action (BCtA) with a pledge to provide access to financial services for at least 30,000 people from low income communities in 11 states across northern Nigeria by 2020, where currently more than half the population are unbanked.
American markets are spinning on a carousel. As fourth-quarter corporate earnings tumble out this week, analysts are digesting every digit, leaving share prices swinging. But if Bill McNabb, chairman of Vanguard, has his way, this carousel may soon spin differently.
Technology can be a double-edged sword – especially when it comes to small business lending. While there’s plenty of justified excitement over the potential of providing underserved SMEs with fast access to loans through digital platforms, there are also considerable reasons for caution. Though alternative lending products can boost access, many lack transparency regarding the true cost of the loan, and therefore risk trapping small businesses in a cycle of debt.
CECP's Strategic Investor Initiative (SII) will host the third CEO Investor Forum (CIF) on February 26, 2018, at the Time Warner Center in New York City. Michael R. Bloomberg, Founder, Bloomberg LP and Bloomberg Philanthropies and 108th Mayor of New York City will join the invitation-only event for a 30-minute fireside chat and will offer his perspective on the need for the financial industry and the corporate sector to embrace long-term-oriented strategic planning and reporting.
The UN Global Compact Bulletin is designed to keep participants up to date on news, actions you can take, resources and events. Participants are encouraged to look to this monthly communication for important information. Please note that actions and events are intended for Global Compact stakeholders, unless otherwise indicated. The Bulletin is published in English, French, Spanish and Chinese.
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.
Survey responses from the 2017 Strategic Directions: Natural Gas Industry Report suggest that a root cause of inadequate preparedness for risks may be insufficient funding for physical and cybersecurity initiatives. In fact, results reveal that approximately 65 percent of respondents either don’t know how much money is being earmarked or are allocating less than $1 million annually to fund security programs.
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