Impact News – Karma

Microfinance Institutions Could Help African Entrepreneurs Beat Back the Pandemic

Neanda Salvaterra — Mon, 21 Sep 2020 10:00:00 +0000

Global Steering Group for Impact Investment, a U.K.-based charitable organization, is asking the world to support African small and medium-sized businesses that have been hurt by the COVID-19 pandemic. GSG says SMEs provide a large portion of the jobs in Africa which are now at risk as businesses close up shop. The trend could erase […]

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Time Is Up on Business As Usual, Says GIIN CEO

Neanda Salvaterra — Mon, 21 Sep 2020 10:00:00 +0000

Amit Bouri, the CEO of the Global Impact Investing Network, is racing to support efforts by impact investors to raise capital to combat COVID-19 and create a more sustainable future. The virus outbreak has killed over 900,000 people around the globe and highlighted inequalities in healthcare and social justice matters. GIIN is part of a […]

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Energy Sector’s Mixed Message on Carbon Emissions No Surprise to Activists

Neanda Salvaterra — Thu, 17 Sep 2020 10:00:00 +0000

Some U.S. oil and gas companies were secretly concerned about carbon emissions, while publicly minimizing the issue. Carbon emissions have been linked to rising global temperature and more extreme weather patterns, such as extreme heatwaves and fires that have hurt commercial activity around the world. Still, several big companies such as BP have installed methane […]

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Companies Must Consider Workers, Not Just Profits, Says Sen. Brown

Glenn Gamboa — Wed, 16 Sep 2020 10:00:00 +0000

To prevent a financial collapse, companies need to consider all its stakeholders, not just shareholders, Sen. Sherrod Brown said in a webinar. The Ohio Democrat plans to push for legislation protecting workers’ rights and requiring companies to share profits with workers during a stock buyback. Brown hopes to push the Senate Banking, Housing and Urban […]

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New Small Nuclear Reactor Gains U.S. Approval, May Bolster Flagging Sector

Neanda Salvaterra — Fri, 11 Sep 2020 10:00:20 +0000

Advocates say the U.S. government’s first approval for the design of a new type of small nuclear reactor is good for the industry and may help tackle global warming. Nuclear power advocates have long touted it as a low carbon emission energy source that is key to fighting climate change. NuScale reactor design is expected […]

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Unilever a Leader in Sustainability Drive, Report Says

Neanda Salvaterra — Thu, 10 Sep 2020 10:00:00 +0000

Experts surveyed in the Globescan Sustainability Leaders report named Unilever as one of the most recognizable companies for its work to minimize its impact on the environment. Over 700 survey participants were asked to rank companies according to their sustainability efforts. The consumer goods company aims to make all of its plastic packaging recyclable by […]

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Countries Can Reach 100% Renewable Electricity Goal, Says IRENA

Neanda Salvaterra — Wed, 09 Sep 2020 10:00:00 +0000

A world where electricity generation is derived from 100% renewable energy is possible if countries adopt a patchwork of existing innovations, says IRENA. IRENA has identified innovations and policy prescriptions that may enable the global transition away from fossil fuels, and slash carbon emissions that have been linked to rising global temperatures. Countries including Costa […]

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Renewables’ Share of Electricity Rising, But Pace Is Insufficient to Meet Climate Goal

Neanda Salvaterra — Fri, 04 Sep 2020 10:00:00 +0000

Renewables accounted for a rising portion of electricity generation in 2020, slowly eating into coal’s market share. Solar and wind power constitute almost 10% of electricity generated worldwide in the first half of the year. Still, the pace of change is not sufficient to reduce carbon emissions and meet the global climate targets. Solar and […]

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Impact Investors Should Bolster Political Action, Align’s Kenning Says

Mark Shenk — Thu, 03 Sep 2020 10:00:00 +0000

Impact investors need to become active in the political process if they want to see positive change, according to Align Impact CEO Jennifer Kenning. The same tools Align Capital uses to vet investment opportunities can be used to find effective political organizations. Movement Voter Project, Black Voters Matter Fund and Voto Latino meet their qualifications […]

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Small-Cap Companies Vulnerable to ESG Risks, Says Bank of America Report

Neanda Salvaterra — Wed, 02 Sep 2020 10:00:00 +0000

While investors worried about ESG risks for companies with small market capitalizations are finding a dearth of information, a Bank of America Global Research report may provide stakeholders with alternative data sources. Small-cap firms are not publishing sustainability metrics with the same frequency as companies with more resources and larger market capitalizations. ESG measures are […]

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