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Wells Fargo & Company (NYSE: WFC) today announced $6 million in neighborhood revitalization grants to 50 nonprofits through the Wells Fargo Housing Foundation 2018 Priority Markets Program.
“These 50 nonprofits share our focus of strengthening communities through local neighborhood revitalization efforts in support of sustainable housing,” said Martin Sundquist, executive director of the Wells Fargo Housing Foundation. “The impact of each dollar invested through this program will be magnified by enabling nonprofits to combine funding with other community grants as the catalyst for their neighborhood revitalization work, serving as a powerful example of the positive impact that can be achieved with thoughtful public-private collaboration.”
Luke Davies was instrumental in the creation and launch of the Green Deposit, a first-to-market commercial product to help Barclays transition to a low-carbon economy. This pioneering and innovative corporate banking solution is a first for Barclays and the market.
Stock exchanges have a key role in driving sustainability reporting, which is a crucial element of corporate transparency and responsible business practices. The recently released World Federation of Exchanges updated ESG guidance has now been mapped against the GRI Standards, helping to increase the comparability of ESG data.
In terms of total consumption of energy, pulp and paper is third among industrial sectors; only the refi ning and chemical industries consume more. However, environmental impact is affected not just by the amount of energy consumed, but also by the type of energy. On average, US pulp and paper mills derive nearly two-thirds of their energy needs from renewable sources that are considered carbon neutral. Sappi’s mills derive nearly 80 percent of their energy from renewable resources.
Harvard Management Company manages the university’s $37 billion endowment and believes ESG risks can have indirect and direct impacts on a company’s performance.
The International WELL Building InstituteTM (IWBITM ) announced today the first participants in WELL PortfolioTM , a new streamlined pathway for WELL CertificationTM for multiple new or existing buildings and tenant spaces in a single portfolio. Being released as part of the WELL v2TM pilot, the latest iteration of the WELL Building StandardTM (WELLTM ), it is part of a suite of enhancements to WELL that addresses growing demand across the building industry for a program that helps owners, developers and tenants streamline and scale health and wellness upgrades to their real estate assets.
World Environment Center and the Institute for energy, ecology and economy (DFGE) are hosting a webinar on October 12th (9:00AM EST / 3:00 PM CEST) exploring how the Financial Stability Board (FSB) Task Force on Climate - Financial Disclosures (TCFD) are affecting the business world.
The socially responsible investment industry is exploding. By any measure, the growth is exponential, and increasing rapidly. The reasons are straightforward: Sustainable investing is increasingly seen as a superior methodology to manage risk and drive returns.
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