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A defining moment: when will business for good start counting in the US?
Businesses with a mission to deliver environmental and social benefits - from breaking the cycle of re-offending and reducing isolation amongst elderly - while also making a profit, are proving popular worldwide.
- Categories
- Uncategorized
- Region
- North America
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FINCA’s Journey from Non-Profit to For-Profit
For a company to make money, it helps if its employees have a money-making mindset. But that’s not what Roman Hingorani found when he joined FINCA International as its CFO in 2015.
- Categories
- Investing
- Region
- North America
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Accounting For Impact Alongside Market Returns
The KL Felicitas Foundation, founded by impact investing pioneers Charly and Lisa Kleissner, has opened the books on its investments to show that a strategy aimed at doing good can live up to its social and environmental objectives as well as deliver returns.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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Impacting The Future: Ahmad Ashkar, Founder And CEO, Hult Prize Foundation
One of the refreshing aspects of my interview with the Hult Prize Foundation founder and CEO Ahmad Ashkar is that he comes across as someone who doesn’t believe in mincing words.
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- Health Care
- Region
- North America
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Vikram Pandit’s PE firm invests $100 million into financial inclusion credit card
Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments.
- Categories
- Finance
- Region
- North America
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Viewpoint: Postal Service banking system possible in U.S. – if past pitfalls avoided
As of 2015, about 7 percent of U.S. households were “unbanked,” meaning that no one in the household had a checking or savings account. An additional 20 percent of households were “underbanked,” meaning that they relied, at least in part, on payday lenders, check cashing services, pawn shop loans, or other non-traditional sources for financial services.
- Region
- North America
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U.S. Department of Labor Says ESG Investments Aren’t Always ‘Prudent’
The Department of Labor, which oversees retirement-plan funds, published guidelines on Monday that said investments based on environmental, social and governance issues aren’t always a “prudent choice” and that such factors shouldn’t “too readily” be considered as economically relevant by fiduciaries.
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- Investing
- Region
- North America
- Tags
- ESG, impact investing
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John Kerry Joins TPG’s $2 Billion Rise Fund as Senior Adviser
“The private sector is the best bet we have to try to save us from the worst downsides of some of these social, environmental, political challenges we face on a global basis,” Kerry said. “That is a bottom line reality that people need to really think about.”
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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