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
Climate change, and our market and regulatory response to it, has the potential to upend entire markets and sectors, and leave even the largest companies in the dustbin of history. It’s time investors raise their voices and cast their votes in favor of good governance, and it’s time Exxon introduce an independent party into its board leadership to ensure it can appropriately engage with and act on climate risk.
CEOs and other representatives of more than 75 U.S. businesses and trade associations, with combined market valuations of nearly $2.5 trillion, call for federal climate action including carbon pricing.
WPF’s Field Officer Appreciation Award is an initiative to support our partners to recognize the hard work done by field staff on the front lines of microfinance. During quarter one, WPF disbursed prizes to the field officers who were nominated by our microfinance partners at the end of 2018. Here are some highlights from this group of nominees from the Asia/Pacific region and some lovely award ceremonies that our partners have shared. Even with personalized recognition, all the staff chose to share their prize with their colleagues and/or the clients they serve!
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its local network member, NeighborWorks HomeOwnership Center Sacramento Region, today announced an additional $6 million donation by Wells Fargo to boost homeownership through the NeighborhoodLIFT® program for Sacramento County and the city of West Sacramento. This effort to create approximately 225 local homeowners follows the success of the 2012 NeighborhoodLIFT program for Sacramento that included a $7 million philanthropic investment by Wells Fargo and created 329 homeowners.
“If we are to create 21st century economies and businesses that can meet the needs of all within the means of the planet, then Reporting 3.0’s Global Thresholds & Allocations Council is just the kind of initiative that can start making it happen,” says Kate Raworth. “I look forward to exploring and presenting the synergies between Doughnut Economics and Reporting 3.0 in order to promote business for a thriving future.”
Financial markets are demanding greater transparency around ESG issues. Bloomberg empowers financial decision-makers by providing environmental, social, and governance (ESG) data on 11,500+ companies.
The Wisdom Fund, a fixed income vehicle that increases capital access and lending for women-owned businesses, was created by CNote in partnership with mission-driven lender CDC Small Business Finance and four innovative nonprofits.
Scotiabank’s 2018 Sustainable Business Report is now available online, and includes the Bank’s new strategy on Sustainable Business focusing on four core priorities where the Bank can help make the biggest impact: Trust, Climate Change, Economic Inclusion and Young People.
Whole Planet Foundation focuses on microloans, which the organization has designed for ease of access; the way in which this program works is critical because acquiring seed money is a formidable task for anyone in poverty. TriplePundit’s Tina Casey recently showcased how Whole Planet Foundation is partnering with several food companies to make a global impact for the better.
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