Sustainable Finance & Socially Responsible Investment

M&T Bank Corporation Releases Inaugural ESG Report

M&T Bank

Xylem Signs First-of-its-Kind Revolving Credit Facility in U.S. to Couple Interest Rates with Sustainability Performance

Xylem Inc. has announced execution of its new $800 million Senior Unsecured Revolving Credit Facility. With this transaction, Xylem has replaced its five-year $600 million revolving credit facility, while adding a sustainability-linked pricing mechanism to the new facility. The deal is one of the first sustainable improvement loans in the U.S. and the first in the General Industrial Sector. The interest rate is index-linked to Xylem’s overall sustainability performance as rated by Sustainalytics, a leading independent global provider of environmental, social and corporate governance (ESG) ratings. Improvements in Xylem’s sustainability performance will reduce interest rates under the facility.

Papyrus-Recycled Paper Greetings Is #FundingHer Future Through Whole Planet Foundation

In the spirit of #FundHerFuture, the generosity of David and the Papyrus-Recycled Paper Greetings generosity has created 43,000 opportunities for women entrepreneurs and their family members to live a better life through entrepreneurship.

Wells Fargo Invests $18.5 Million in Grants to Ease Small BusinessStress and Expand Access to Capital

Wells Fargo announced $18.5 million in grants today to nine Community Development Financial Institutions (CDFIs) so they can unlock capital or increase training to diverse small businesses across the U.S. Two CDFIs are receiving awards to continue their work supporting entrepreneurs in Puerto Rico, which is still recovering from the aftermath of Hurricane Maria.

Verizon Closes on U.S. Telecom Industry’s First Green Bond to Fund Environmental Initiatives

The eligible categories for the use of the net proceeds – renewable energy, energy efficiency, green buildings, sustainable water management, and biodiversity and conservation – are designed to positively impact the environment and advance U.N. Sustainable Development Goals.

Sustainable Investing Goes Mainstream: Morgan Stanley and Bloomberg Survey Finds Sustainable Investing A Business Imperative Among U.S. Asset Managers

A majority of U.S. asset managers are now practicing sustainable investing, viewing it as a strategic business imperative. In a new survey entitled Sustainable Signals: Growth and Opportunity in Asset Management, from the Morgan Stanley Institute for Sustainable Investing and Bloomberg, 75% of respondents reported that their firms have adopted sustainable investing, up from 65% in 2016.

People Power Microcredit: Whole Planet Foundation’s Victor Quiroz

We will take you behind the scenes to introduce you to the teams that are dedicated to empowering the world’s poorest people to become entrepreneurs. You will meet Field Officers, volunteers, and Whole Planet Foundation staff. Through their stories you will get a glimpse into a day on the job—whether it is in Austin, Texas or Huehuetenango, Guatemala.

MetLife Foundation and Sesame Workshop Expand “Dream, Save, Do: Financial Empowerment for Families”

Spanning nine countries in disparate regions, the “Dream, Save, Do” initiative has helped children and the adults in their lives set goals, aspire to reach them, make plans, and understand that the choices they make every day can help them achieve their dreams.

Making Payment Acceptance a Driver for Financial Inclusion

Ten years ago, 85 percent of the world’s transactions were in cash and checks, and 2.5 billion people were unbanked. Since then, we’ve all been working hard as an industry to develop technology that will give the unbanked access to the world of digital payments.

IOSCO Recognizes That ESG Matters Have Material Short and Long Term Impact

The International Organization of Securities Commissions (IOSCO), the international body that brings together the world’s securities regulators, published their Statement of Disclosure of ESG Matters by Issuers on 18 January 2019. With the statement, IOSCO recognizes the importance of considering Environmental, Social and Governance (ESG) information as material for investors.

European Commission Is Planning to Update the Non-Binding Guidelines on Non-financial Reporting

The Technical Expert Group on Sustainable Finance set up by the European Commission in July 2018 has published its first report on companies' disclosure of climate-related information in January 2019.

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