JPMorgan Chase & Co. today announced that it will expand the firm’s commitment to Detroit’s economic recovery, expecting it to reach $150 million by 2019. The announcement comes as the firm exceeded its initial $100 million, five-year investment two years ahead of schedule.
Through its Field Guide to a Regenerative Economy collaborative storytelling project, Capital Institute, the think-tank founded by former JPMorgan banker and Regenerative Capitalism architect John Fullerton, is launching Regenerating Tottenville, a project that reveals the science behind the revitalization of communities of Americans who self-identify as voiceless and forgotten.
Black & Veatch’s 2017 Strategic Directions: Smart City/Smart Utility Report reinforces lessons learned in the past year—although governments and municipalities believe strongly in the smart city model, they continue to struggle to fund these efforts. According to survey data, only 16 percent of municipalities can self-fund a smart city initiative, a little over a third cannot.
As the communication technologies leveraged by the public safety sector advance, the intersection with smart city initiatives becomes all the more inevitable. Technological advances afforded by broadband long-term evolution (LTE) networks have changed how first responders, city and county officials, public agencies and transportation fleets communicate and gather data to better serve their communities.
FCA is contributing daily to the circular economy transition. One example is the over three tons of fabric and seat belt remnants that FCA donates to Cooperárvore in Betim, Brazil every year. The cooperative uses these remnants to make fashion accessories and other items. Over the past 10 years, Cooperárvore has contributed to improving the quality of life of more than 70 households in the area surrounding FCA’s Betim Assembly Plant.
Achieving gender equality is essential as a matter of justice and human rights — and it also unleashes a range of positive economic and development outcomes. While women and girls have made significant gains in the past decade in terms of education, health, economic participation, and political leadership, gender equality has yet to be attained in many critical areas, and at the cost of substantial and unrealized social and market benefits. In fact, the McKinsey Global Institute estimates that narrowing the global gender gap could add US $12 trillion in annual gross domestic product.
Unilever swatted away their unsolicited financial-driven suitors like a grizzly bear smacks down an interloper if her cubs are close by. But the fundamental issues at play here are worth more serious reflection than the mere machismo of win-or-lose deal-making in the greed-driven world of finance. We must ask ourselves three questions.
Justin’s, maker of naturally delicious, high-quality nut butters, nut butter snacks, and organic peanut butter cups, has expanded its commitment to Whole Planet Foundation by fueling the organization’s new Family Fund. Created to aid poverty alleviation through microcredit via donors of any size, the Family Fund is dedicated to supporting entrepreneurial-minded women worldwide, granting them microloans to create or expand a home-based business in Africa, Asia, and the Americas, including the United States.
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