Sustainable Finance & Socially Responsible Investment

We’ve seen sustainability move from buzzword to business imperative as people, companies and governments increasingly seek to make environmentally and socially conscious investments.

Many institutions are struggling to apply the CECL standard as it pertains to credit cards, and in particular determining the lifetime value for credit card portfolios. In this paper, we explore the different approaches to evaluating lifetime estimates for the credit card portfolio.

2018 was another excellent year for PayPal. From how we serve our customers, to our position in the market, to our products, to the development and progress of our people, we have grown and are stronger in every single area of our business.

Today, Michael R. Bloomberg, the United Nations Secretary-General’s Special Envoy for Climate Action, announced the founding members of the Climate Finance Leadership Initiative (CFLI), convening six influential financial sector leaders to help facilitate the private financing objectives included in the landmark Paris Agreement. Mary Schapiro, Special Advisor to the Founder and Chairman and Vice Chair for Public Policy at Bloomberg LP, will act as Vice Chair of the CFLI.

The company is proud to back global brand ambassador, Lin-Manuel Miranda, as he reprises his role of Alexander Hamilton in a special, limited-run of the award-winning musical Hamilton in San Juan, Puerto Rico, all in support of the arts. Lin-Manuel has committed to donating proceeds from the production and its partnerships to the Flamboyan Arts Fund, in partnership with the Flamboyan Foundation.

Influential CEOs talk about the rising importance of transparency in data about gender equality.

The World Environment Center (WEC) is pleased to announce a strategic partnership with Better World Leadership (BWL) to prepare business leaders to implement sustainability. BWL studies provide evidence that nonprofit board service is an effective pathway for companies seeking to grow shareholder value by advancing diversity and inclusion, developing human capital for innovation, and helping to achieve global goals for sustainability.

Bloomberg announced the launch of its 2019 Gender-Equality Index (GEI), which this year selected 230 companies committed to transparency in gender reporting and advancing women’s equality in the workplace. The index more than doubled in size from 2018 and includes firms from 10 sectors headquartered across 36 countries and regions.

The articles on the multiple aspects of where the SRI industry has been and where it is headed. The numbers in the Trends Report are positive, as more investors, institutions and financial professionals understand that SRI is good for themselves, their clients, and all of us. The headline here: 38 percent growth in assets using SRI over the last two years, totaling $12 trillion; one in every 4 dollars under professional management.

SCS foresters have conducted hundreds of assessments of carbon offset projects around the world. Follow us in the field to learn how offset projects are advancing global climate objectives and protecting the planet’s forests.