Like all markets, social-benefit markets provide a platform for buyers and sellers to exchange commodities, but they are distinguished by their unique goal of improving social and environmental conditions. For example, most people are familiar with carbon trading markets, which aim to reduce greenhouse gas emissions. Social-benefit markets are not only a promising strategy to combat pressing social and environmental problems; they are also contributing significantly to the world economy, with trading volumes estimated to reach $1 trillion by 2020. Still, the problems that these social-benefit markets address are large, complex and multifaceted; their development and sustenance therefore will require novel entrepreneurial approaches.
The Common Impact team is looking forward to a year full of exciting project opportunities and innovation! To kick us off with some inspiration, we're bringing back a project with a talented team from Fidelity Investments and its nonprofit partner, Research Triangle Foundation of North Carolina (RTF), whose mission is to support and partner with local universities, create jobs, and lift up all the citizens of North Carolina by providing a positive economic and social impact.
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.
KeyBank Real Estate Capital has provided a total of $14.9 million in Fannie Mae financing to Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable housing throughout the United States, for the acquisition of three affordable housing properties in North Carolina, Texas and Wisconsin.
Georgia Tech student, Will Courrèges-Clercq, talks about his experiences at the Ray C. Anderson Center for Sustainable Business in the Georgia Tech Scheller College of Business, and how guidance he obtained there has inspired his plans for the future. This is a TedXGeorgiaTech 2017 Salon Series Talk.
The Systemic Investments in Equity, Talent, and Tech Accelerate Community has taken a deep dive into the structure and objectives of individual programs focused on tech equity in the portfolios of its members. The objective of the CECP community is to develop a framework that can render corporate efforts in tech equity more impactful. At the center of the work is the identification of the core variables that distinguish equity from equality.
T. Rowe Price Group (NASDAQ-GS: TROW) announced today that the firm’s information security team made financial contributions to two local cybersecurity programs in an effort to support science, technology, engineering and mathematics (STEM) education and research specifically in cybersecurity. University of Maryland, Baltimore County (UMBC) Center for Cybersecurity received $60,000 and Loyola Blakefield received $25,000.