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JetBlue today joined more than 100 other companies and business leaders and publicly committed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). A growing number of investors are demanding more information on how companies are addressing the effects of climate change. JetBlue recognizes the importance of voluntarily disclosing climate-related risks and opportunities and adopting the TCFD recommendations is an important step in preparing business for the long-run.
KeyBank’s Community Development Lending & Investment (CDLI) team will provide a total of $7.3 million in financing to Liberty Affordable Housing, Inc. to support the new construction of 37 energy efficient affordable housing units for seniors ages 55 or older in Gloversville, NY. Specifically, KeyBank will provide a $2.6 million construction loan and up to $4.7 million in LIHTC equity financing.
Agri Info Design’s app, AgriBus-NAVI, is a simple GPS guidance system to mount on agricultural machinery, allowing farmers to create straight and evenly spaced plow lines on large land plots. Farmers who operate large machinery often struggle to navigate efficiently, leading to excessive fertilizer and pesticide use and wasted seeding. Through the use of this technology, Agri Info Design is laying the groundwork for “cloud farming” and enhanced agricultural productivity. Founder and CEO Yasuyuki Hamada shares his thoughts on how building IT systems for farming can create greater empathy between farmers and consumers and lead to the production of more nutritious crops.
In the first of our regular stories about Barclays colleagues helping their communities, Digital Eagle Shweta Walia explains why she joined a programme to train 2,100 Marie Curie nurses to use computer tablets, freeing them to spend more time caring for patients with a terminal illness.
UPS’s 15th annual Sustainability Report provides a complete update on the company’s sustainability efforts, including a new goal to reduce absolute greenhouse gas (GHG) emissions 12 percent by 2025 across global ground operations, a goal developed using methodology from the Science Based Targets initiative.
CECP, a coalition of more than 200 of the world’s largest companies, announced that its Strategic Investor Initiative (SII) will host the second CEO Investor Forum (CIF) on September 19th, 2017, at the Bloomberg LP HQ. This invitation-only event will feature leading CEOs presenting their company’s long-term strategic plans—including operational and financial outlooks ranging three to five years or more--to an audience of 200 long-term-oriented institutional investors and pension funds, collectively representing $25 trillion in AUM. CEOs confirmed to date include: Mark Bertolini, CEO of Aetna; Michael P. Gregoire, CEO of CA Technologies; Kevin Clark, President and CEO, Delphi; Johan Dennelind, President and CEO of Telia; and Rodney O. "Rod" Martin, Chairman and CEO of Voya Financial.
What's driving sustainability now without the official "push" of our national governmental infrastructure? For companies: compliance; corporate mission; business performance; employee satisfaction; industry (peer) recognition...and this means companies are holding firm with 50% of those surveyed are showing no change in budgeting for sustainability.
The Wall Street Journal has celebrated the winning enterprises of The Financial Inclusion Challenge 2017, sponsored by MetLife Foundation. BIMA, Kinara Capital and Entrepreneurial Finance Lab were all recognized as leaders in the field of financial inclusion at an awards ceremony at the Hong Kong Maritime Museum.
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