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Stanford’s Mind Over Money program fosters financial literacy

As an urban studies major, Erika Topete, ’12, knew she could turn to her professors for academic advice analyzing any aspect of federal education policy. But when it came to making financial decisions – selecting a credit card company, choosing between additional loans and a job, considering leasing or buying a car during her senior

2018-02-19T15:24:56+00:00 Tags: |

Why Equality Matters More Than Income

If a low-income mom gets a $10/hour raise, that’s good news for her family, even if her boss gets an extra $100, right? Maybe not. Looking at children’s wellbeing in rich countries like the U.S. in 2007, Kate E. Pickett and Richard G. Wilkinson found that inequality may matter a lot more for kids’ lives than

Windover now owned by its employees

The 90 employees of Windover Construction can now say they own the company. Windover announced recently it has transferred its ownership to the employees by forming an employee stock ownership plan. Its former owners were Manchester resident Lee Dellicker, who is still CEO, and company president Stuart Meurer of Newbury. Dellicker, in an interview, said the full-service construction management company, with revenues approaching $130

Farmland could be used to sustainably offset America’s entire carbon footprint

Amid the roaring debate on how to curb climate change in Bonn last year, an impasse was finally broken on agriculture. Both a cause and casualty of climate change, our food system accounts for up to 24% of greenhouse gas emissions. Yet hit by soaring temperatures and more frequent extreme weather, farming is becoming more

What can be done for the suffering working class in the US?

The low income working class is one of the largest groups in America.  You can spot its members working at Wal-Mart or McDonalds, in large or small factories, in clerical jobs, and toiling in agricultural areas.  This group includes single individuals, unmarried cohabitors, married childless couples, and families.  The common denominator is that they are

Social Enterprise Bean Voyage Giving Women Farmers More Control, More Income

A young social enterprise nonprofit called Bean Voyage is seeking to dramatically increase the incomes of women farmers by cutting middlemen from the supply chain, improving quality and leveraging an e-commerce platform for sales in key consumer markets. The “proof of concept” for the market access model, which involved two women coffee farmers in the Los Santos region

2018-02-19T15:43:17+00:00 Tags: |

An American sickness: One doctor’s opinion

Since the late 1800s, American medicine has done more to relieve suffering and forestall death than any medical system ever. For the past 70 years all sectors of health care, public and the private, have struggled with their missions and with their integrity. Congress continues arguing; costs are soaring. This national debate divides the nation.

2018-02-19T07:28:03+00:00 Tags: |

Stanford engineers develop a new method of keeping the lights on if the world turns to 100% clean, renewable energy

Renewable energy solutions are often hindered by the inconsistencies of power produced by wind, water and sunlight and the continuously fluctuating demand for energy. New research by Mark Z. Jacobson, a professor of civil and environmental engineering at Stanford University, and colleagues at the University of California, Berkeley, and Aalborg University in Denmark finds several

2018-02-19T15:20:32+00:00 Tags: |

In it together

Unity of purpose is something most business owners strive for but ultimately struggle with. It can be difficult to bring people together without shared ideals and common goals, especially if most of the parties involved are primarily interested in a paycheck and little else. Will Raap wanted something different for his business. Soon after he

Fit for the future: how ethical investing went mainstream

Ethical and sustainable investing is no longer simply about ditching cigarettes or saving trees. Investors are increasingly concerned about better returns and lower risks, says Sarah Moore. Late last year, Norway’s sovereign-wealth fund announced that it plans to dispose of all its oil and gas investments, worth more than $35bn. The proposal has yet to

Social Enterprise Initiative

The Social Enterprise Initiative (SEI) at Harvard Business School generates and shares knowledge that helps individuals and organizations create social value in the nonprofit, public, and private sectors. By integrating social enterprise-related research, teaching, and activities into the daily life at HBS, the Initiative plays a critical role in supporting the School's mission to educate

2018-02-19T07:35:36+00:00 Tags: |

Nana Twum-Danso is connecting rural Ghana with prompt medical attention, one tricycle at a time

The issue about entrepreneurship is when you have an idea that you believe will make a difference and isn’t being done anywhere else, you should be willing to give it time, attention, money – whatever it takes to test the idea.” – Nana Twum-Danso. Nana Twum-Danso comes from a family of doctors and grew up

2018-02-19T07:21:53+00:00 Tags: |

Solar project for social enterprise

A social enterprise is planning the next stages of its development, including how it will use its £30,000 funding boost. Wallsend-based Northern Community Power (NCP) received the grant through Big Potential in August. Big Potential is a £10million fund aimed at eligible voluntary community and social enterprise organisations. Since its incorporation in 2011, NCP has

2018-02-19T07:12:19+00:00 Tags: |

Sustainable bank to launch crowdfunding platform

The new Triodos Bank crowdfunding platform is the first launched by a bank in the UK and will help people to invest directly in equity or bonds issued by organizations delivering positive social and environmental impacts. The bonds are eligible to be held in the Innovative Finance ISA, allowing investors to receive the interest they earn

2018-02-14T07:55:33+00:00 Tags: |

Why ESOPs are a complete failure in India

While Silicon Valley companies like Facebook and Google have created thousands of millionaires through stock option programs, the same financial instruments are producing misery in India. Despite a surge in the number of startups, few workers have benefited from options. Many companies don’t pay out to employees because they struggle financially; just as often, founders

The pioneer of India’s biotech industry was denied her first job for being a woman

After failing the exam for medical school, Kiran Mazumdar-Shaw trained as a professional brewmaster. When no company in India’s male-dominated beer industry would hire her, despite her education and certification, she decided to start her own business developing industrial enzymes. Thirty years later, Mazumdar-Shaw is chairman and CEO of Biocon, India’s largest biotech company and

2018-02-15T11:13:50+00:00 Tags: |

Can Measures Change the World?

It is often said that “what gets measured gets done.” This common phrase implicitly frames measurement not just as a tool for capturing information about systems but also as an intervention itself. This belief in the transformative power of measurement may partially explain the huge sums of money spent each year by governmental, nongovernmental, and

Sustainability experts: what’s wrong with impact investing

The lack of an accepted methodology to truly measure investment impact makes the adoption of sustainable development goals in listed  equities increasingly challenging. This was the core issue raised during a discussion on the hopes and hurdles facing sustainable investments at Finanz’18 conference in Zurich. Daniel Wild, head of sustainability investing research and development at

The end of financial short termism? How EU financial policy overhaul could spur green investment surge

EU's High Level Expert Group report on Sustainable Finance has set out a raft of crucial recommendations to boost green investment - but will they unlock the long term vision the sector needs? Money talks, or so the old adage goes. But the key question for the green economy and beyond, has long been how

How SaLisa Berrien leads the ‘Lyft of energy’

I first met SaLisa Berrien in 2016 at an engineering conference, where her winning attitude and tenacity were infectious. I’ve encountered thousands of high-growth clean energy startups. Listened to a gazillion pitches. Something was different about what Berrien was offering. It wasn’t the latest university commercialization or a spin-off from a national lab. It wasn’t

2018-02-14T07:51:17+00:00 Tags: |