French President Macron pledges $16.9 billion to fight climate change, accepts recommendations of citizens’ assembly. Win by climate change activists signals money will still flow into the sector post-pandemic. European countries, including the U.K. and Ireland, are...
Global impact investing events have rapidly transitioned to virtual ones in response to COVID-19. These events have often been exclusive in an industry that strives to project inclusivity. Transitioning to virtual from in-person events may bring more...
COVID-19 pandemic is leading to increased flow into social and sustainability-linked bonds, according to 280 CapMarkets’ Jennifer Tonda. ESG bonds allow fixed-income investors to have a measurable impact on environmental and social issues. Green, social and sustainability bond issuance...
Kevin Dolan, a partner at McKinsey and the co-author of the report “Diversity Wins,” says companies that have greater gender and ethnic diversity outperform their less diverse peers.
U.S. companies have boosted the number...
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The lack of parades during this year’s Pride Month does not...
Sir Ronald Cohen says investors should push companies to account for the effects of their businesses on the environment and society. GSG chairman links recent social unrest to a financial system that is delivering profits but is failing...
Mastercard Foundation is aiding the medical effort against COVID-19 in Africa and elsewhere, while supporting entrepreneurs that have been hammered by the lockdowns during the pandemic.The foundation, started in 2006 with a gift of shares from MasterCard...
New guides attempt to present the nuts-and-bolts of impact investing. Impact investing tightens the link between Wall Street and Main Street. Since 2012, sustainable and responsible investing has grown by more than 300 percent to $12 trillion...
Cliff Prior, the new CEO for the Global Steering Group for Impact Investment, wants to defeat COVID-19 and create a more equitable future global economy. Prior aims to make investors more aware of social bonds as a...
To stem feelings of loneliness exacerbated by the COVID-19 quarantine, apps and software programs are springing up to offer companionship, advice. The pandemic boosted personal technology products designed to battle loneliness. According to a recent survey, feelings...
Metrics for gender lens investing need to incorporate an intersectional lens. Data on the number of women in leadership roles does not tell investors enough about company culture or the rates at which women of color are...
Protests against police brutality have led three major tech companies to pull back from facial recognition technology. Momentum is building against the use of facial recognition software by governments and companies. While it is unlikely governments will...
The International Energy Agency unveiled a pandemic recovery plan to stimulate the economy, create jobs and a sustainable energy sector. The plan urges policymakers to facilitate a $1 trillion annual investment into the energy sector for the...
Participants in a virtual conference held by the Principles for Responsible Investment and others urged the world to use an estimated $20 trillion in COVID-19 relief funds to fight climate change and create new jobs in an...
Advocates say the world should use open source technology to analyze generic medicines that may help treat the COVID-19 outbreak.
Open source pharma advocates say pooling data and drug repurposing could halve the costs...
The online bank is boosting partnerships with job platforms and putting an emphasis on processing customers’ relief fundsVaro Money expects approval to become the first national online bank this summer.The mobile bank’s backers include The Rise Fund,...
Impact investing needs a standard way to quantify impact that reflects activist concernsImpact washing is a huge risk as the market continues to scale without a standard definition of what it meansTwo-third of impact investors are concerned...
The MacArthur Foundation and four other major foundations have committed to increasing their payouts to the nonprofit sector by more than $1.7 billion, through the first philanthropic social bond issuance.
The organizations hope to boost the U.S. economy...
COVID-19 and industry labor shortages may bring robotics to U.S. meatpacking plants sooner
Sustainability may be a benefit of new plants aided by robotics
Worldwide, meatpackers in industrialized nations are ahead of U.S. meatpackers in using robotics
Change Finance, an exchange traded fund issuer, is calling on its portfolio companies to divulge pay-equity data following social justice protests in the U.S.
The company is part of a trillion-dollar movement of financial stakeholders looking to promote...
Global Impact Investing Network survey shows the impact investment market reached $715 billion last year.
Sector is poised for growth driven by increasing interest from for-profit and philanthropic impact investors, despite the pandemic.
Investors looking at impact investing due...
White people involved in racially charged incidents highlight financial industry biases
Investing with minority managers builds disadvantaged communities by helping close the wealth gap, Beeck Center’s Erika Davies says
The persistent anti-Black bias in hiring asset managers will continue...
George Floyd's death while being arrested by Minneapolis police sparked a range of reactions from peaceful protests to property destruction, from individual soul-searching to countless discussions about racial inequality around the world — including among the impact...
Spectrum, an event devoted to addressing the U.S. racial wealth-gap, took place online amid a social justice movement and a pandemic that has disproportionately hurt minorities.
Georgia Democrat Stacey Abrams called for the country to support and invest...
Factory farms are both vulnerable to starting and spreading pandemics, an investor group study says.
Plant-based meat alternatives all well placed to benefit from any switch away from industrial beef, pork and poultry production.
More than 70% of animal...
George Floyd's death while being arrested by Minneapolis police sparked a range of reactions from peaceful protests to property destruction, from individual soul-searching to countless discussions about racial inequality around the world — including among the impact...
City population growth slowed or fell over the past three years, reversing early-decade expansions, a Brookings Institution study found
Exit from COVID-19 lockdowns may return growth to city populations as workers seek low transportation costs
Rising housing costs and...
Relatively new building standard could become even more popular at forward-looking companies because of the pandemic
Expenses connected with a WELL building are “cost neutral” compared to a standard building, experts say.
Healthier and happier employees in the office...
Deadly coronavirus takes greater toll U.S. black households
Black wages and employment were gaining before the virus began taking its toll and reversed the trend
Racial issues raised by pandemic and Floyd death may help policymakers prepare for next...
ESG-focused enterprises and other firms accessed the government’s pandemic relief funds, aided by the KPMG Spark accounting system, but some nonprofits are worried the monies may prove insufficient if there is another outbreak.
The U.S. government made almost...