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Can Index Funds Be a Force for Sustainable Capitalism?
The investment industry is changing. Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products. These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. Index funds can be a force for sustainable capitalism.
- Categories
- Investing
- Tags
- ESG, impact investing
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Etsy made mistakes, but its commitment to social responsibility wasn’t one of them
The online marketplace for handmade goods was one of the first companies to IPO with a B Corp certification, a third-party validation of its commitment to social responsibility. More than 2,300 companies in over 50 countries are certified B Corps, including well known privately-held companies Patagonia, Warby Parker, Method and Kickstarter. Etsy was the trailblazer among them.
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Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe
B Capital, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, venture capital
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Forbes And JUST Capital Release JUST 100 Ranking Of America’s Most Just Companies
“This year’s list of America’s Most JUST Companies serves as a report card for corporate America, providing unbiased data about how corporations are performing on the issues Americans care most about,” said Forbes Chief Content Officer Randall Lane. “At a time when corporate America, as a whole, faces low public approval, the companies in this list provide an example for their peers on how to win back the trust of the American people.”
- Region
- North America
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The/Nudge receives $250,000 grant from Rockefeller Foundation
The/Nudge Foundation, a Nandan Nilekani- backed non-profit focussed on sustainable poverty alleviation, has received a $250,000 grant from The Rockefeller Foundation, one of the largest and oldest names in global development philanthropy. The firm will use the grant to build organisational capacity, and expand its reach outside of Karnataka.
- Categories
- Uncategorized
- Region
- South Asia
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Kenyan entrepreneurs help youth thrive in Africa’s emerging ‘Silicon Valley’
Africa has recently been a launchpad for new technology developments. But as progress is being made, advancement for African women in the industry is still lacking. Judith Owigar, 32, saw this firsthand and decided to help other young women have a chance.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- employment, gender equality, nonprofits, youth
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Could this investment strategy help keep convicts from returning to prison?
Could a financial institution invest in solving some of the nation’s biggest social challenges — and reap a return? This was a question Goldman Sachs faced when approached to invest in a program to reduce recidivism among teenage inmates at New York City’s Rikers Island prison.
- Categories
- Investing
- Region
- North America
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How This Chinese Fintech Company Is Innovating by Leasing Cows
While global investors have often honed in on China’s booming urban centers, Chinese financial tech firms are beginning to look at the middle kingdom’s increasingly affluent rural, farming-based consumers.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
- Tags
- fintech, rural development
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