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Sun Light & Power transitions to 100% employee-owned

After more than 40 years in business, California’s Sun Light & Power announced the implementation of an Employee Stock Ownership Plan (ESOP) giving 100% ownership to the company’s 80+ employees. The transition supports the company’s belief in its greatest differentiating assets: its people. “For 42 years, I have proudly owned the company. Now, it’s time

How tech and investment could help feed the many

Last year, 124 million people around the world faced food crises that required humanitarian action. The figures from the United Nations Food Programme show that more than 39 million people starved as a result of droughts. With so many people affected, it would be easy to assume that there is not enough food to feed the world’s growing

One in 20 UK workers part of ‘hidden revolution’ to reform capitalism

One in 20 British workers - or 2 million people - have jobs with firms that seek to do good while also earning a profit, research showed on Wednesday, dubbing it a “hidden revolution”. Social enterprises also contribute 60 billion pounds ($79 billion) to the world’s fifth largest economy - 150 percent higher than the

Sustainable Energy Fund For Africa Grants US$ 1 Million To Stimulate Renewable Energy

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a US$1 million grant to Independent Power Producers (IPP) in Angola to encourage private investment in renewable energy. The SEFA grant, approved in July this year, will be used to establish a one-stop shop unit known as the Energy Project

2018-09-20T08:24:20+00:00 Tags: |

Africa’s Environment Ministers call for action through innovative solutions

Nairobi, 19 September 2018 Guided by global environmental concern, ministers of environment and government representatives of African nations have committed to promote and invest in innovative solutions while implementing concrete actions to overcome environmental challenges facing the continent. In a ministerial declaration issued today at the closing of the African Ministerial Conference on the Environment

2018-09-20T08:02:27+00:00 Tags: |

Advisors, Not Their Clients, Should Lead on ESG Investing

How popular is ESG-themed investing? It’s estimated that over $20 trillion is invested in assets because of their favored for their environmental, social and/or governance (ESG) characteristics, including over $8 trillion in the U.S. Here’s another indicator of the growing interest in ESG investment: This year’s Sustainable Investing Conference sponsored by Gitterman Wealth Management had

Study: 94% of US and UK workers report high work-related stress

Dive Brief: All but 6% of 1,600 U.S. and U.K. workers said they suffer from stress, and at least a third of them said they’ve experienced “high” or “unsustainably high” stress, according to a new study by Wrike, “The Stress Epidemic: Employees Are Looking for a Way Out.” The study found that respondents are refusing to tolerate high levels of stress.

World Bank reports slower progress on extreme poverty

The war in Syria and a population surge in sub-Saharan Africa have undermined efforts to reduce the number of people living in extreme poverty, the World Bank has said. In its annual report, the Washington-based development agency said the proportion of people living in such conditions had fallen to a new low of 10% in 2015 –

The Developing World Is Taking Over Renewable Energy

Last year, the leading economies in renewable energy investment growth were not to be found in North America or even Europe — the leaders in growth were countries often described as developing, such as China, Brazil, Egypt, the United Arab Emirates and Argentina. These big shifts in renewables investment have, in fact, been emerging since 2004,

2018-09-20T08:15:06+00:00 Tags: |

Why Proven Solutions Struggle to Scale Up

Record-breaking heat and hurricanes. Refugees with no place to go. Increasing income inequality in some of the world’s wealthiest countries. At the roots of these tremendous problems are a tangle of causes that demand massive, coordinated action from a multitude of actors—they demand social innovation at scale. Given the urgency and intensity of today’s social

Why Foundations Should Step Up Their Game In Impact Investing

There’s a growing number of people in the world of social entrepreneurship focused on not just building impact-oriented companies, but on creating a more fundamental systemic change. With that in mind, 45 impact investors, researchers and others recently met at a two-and-a-half day pow-wow in Sheffield, Mass., to focus on one important piece of the

UC system to get 100% renewable power in less than 10 years

The University of California system on Tuesday set a goal of powering all its campuses and medical centers with 100 percent renewable energy by 2025, as part of its efforts to fight global warming. The system has already committed to making its daily operations carbon-neutral by the same year, meaning they won’t add greenhouse gas

2018-09-19T07:31:18+00:00 Tags: |

Millions of Americans Enduring Financial Nightmares in Secret

Americans are leading double lives when it comes to money — seemingly flush with cash and confidence on the outside, but shivering with financial fears on the inside. This is the sobering conclusion from Nonfiction Research in its report, “The Secret Financial Lives of Americans and the Future of Financial Services.” More than 2,200 consumers

Mars aims to tackle ‘broken’ cocoa model

LONDON (Reuters) - Mars Wrigley Confectionery launched a new sustainability strategy on Wednesday with the aim of combating deforestation, child labor and poverty in what it called the “broken” cocoa supply chain. U.S.-based Mars, the maker of M&Ms and Snickers, said it had revamped its cocoa strategy in an effort to tackle problems that the

2018-09-20T02:47:34+00:00 Tags: |

Halting biodiversity loss: Political actions are required, not additional scientific knowledge

What are researchers doing? The sixth mass extinction continues and is even accelerating, but conservation scientists, it is claimed, have no solutions to offer. Even more worrying, the researchers would be so pessimistic that the warnings they give could be counterproductive. But is this really the case? Two CNRS researchers* have addressed this question. They

2018-09-18T14:01:49+00:00 Tags: |

This Chart Shows Social Security’s Growing Inequality Problem

For millions of Americans Social Security represents an economic safety net. Yet recent research shows its benefits are tilting more and more in favor of the wealthiest retirees. And it’s due to how long we live. According to new analysis from the Center for Retirement Research at Boston College, big gains in life expectancy among the

Large-scale shift causing lower-oxygen water to invade Canada’s Gulf of St. Lawrence

The Gulf of St. Lawrence has warmed and lost oxygen faster than almost anywhere else in the global oceans. The broad, biologically rich waterway in Eastern Canada drains North America's Great Lakes and is popular with fishing boats, whales and tourists. A new study led by the University of Washington looks at the causes of

2018-09-18T15:34:08+00:00 Tags: |

Impact Investors Should Use U.N. Targets as Investing Guide

The Global Impact Investing Network is urging investors to do more than seek positive social and environmental impact from their investments by asking them to specifically tackle the U.N. Sustainable Development Goals, or SDGs. The reason: a “massive capital gap” of about US$5 trillion to US$7 trillion a year is needed to meet the 17

Breaking Through the False Choice Between Mission and Liquidity

Many a social enterprise leader has asked themselves: If I take on equity investors, will I have to fight to preserve my company’s mission? If I have to sell my company to a larger enterprise to provide an exit for investors, will I be selling out that mission? Do I have to stay small to