Fifth Third Community Development Corp. is investing an additional $2.5 million in First Independence Bank. The move makes Fifth Third the largest investor in the minority depository institution and community development financial institution.
Thrive, a microfinance business based in Harare, Zimbabwe believes in lending that leads to economic growth for women and girls who would ordinarily fail to access financial services from the mainstream financial sector. Thrive joins Business Call to Action with a commitment that will provide microenterprise loans and borrowing and business management training for 16,500 economically active low-income women and girls.
We are committed to using our platform to democratize financial services and improve financial health. See how PayPal is expanding our products and services to offer our customers more flexibility in how they manage their financial lives.
Earlier this year, Erb Institute student, Chris Owen, MBA/MS 2020, worked with Casa María Amor in Cuenca, Ecuador via an Erb Institute Impact Project. This video features such a project. Casa María Amor is a women’s shelter on the outskirts of Cuenca in the Andes Mountains. Chris conceived, developed and launched an Erb Impact project to help the women of Casa María Amor develop skills aimed at achieving economic independence after leaving abusive relationships.
Only one month remains of 2018, but we are feeling invigorated after an eventful three months since our last News Bite and looking forward to the year ahead! Important themes for us over the past few months have been human rights, women's economic empowerment and digitalisation. Read more below about activities in these areas - and thank you to all of you who participated in and supported them. Looking forward, we're also really excited to share the findings of our State of Inclusive Business Survey - more on this below.
Getting SMEs to participate in sustainability reporting is a challenge. The Global Reporting Initiative and the Swiss government embarked on an experiment to addresses this challenge in Ghana. By helping SMEs in Ghana to report for the first time, the experience showed that sustainability reporting can lead to clear business benefits for smaller companies in developing countries.
Timberland’s work to reintroduce cotton farming to Haiti was honored recently with the US Chamber of Commerce Citizenship Award for the Best Economic Empowerment Program. In partnership with the Smallholder Farmers Alliance(SFA), the global outdoor lifestyle brand aims to create a new supply chain for sustainable cotton for use in its products through a program that will also contribute to reforesting Haiti and improving the livelihoods of smallholder farmers.
Once again, it’s BlackRock CEO Larry Fink who has appeared as the socially responsible investment oracle. Almost a year after his “paradigm shifting” letter--a call for social purpose in the 4,000+ companies in which the $6.3 trillion fund invests--Fink has issued a definitive follow-up statement on the subject.
We may be heading into the cold, dark days of winter, but my inbox has been glowing red-hot with a blast of news about sustainable finance. Updates are coming from every area of the category, from giant global entities to funds offering niche investment products, and services aimed at millennials and women.
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America, Orlando Neighborhood Improvement Corporation (ONIC), and Neighborhood Housing Services of South Florida (NHSSF) today announced the NeighborhoodLIFT® program will launch for Lake, Orange, Osceola and Seminole counties with a $6.3 million commitment by Wells Fargo to boost local homeownership.
Keysight’s strategy is to accelerate innovation to connect and secure the world, supported by our Keysight Leadership Model (KLM) and corporate value...
