7/4/24: Deutsche Bank has raised €500 million through its first-ever social bond offering which provides financing for affordable housing and access to essential services for the elderly or vulnerable
5/2/24: According to a report from Moody’s Investors Service, the issuance of green, social, sustainability, and sustainability-linked bonds (GSSS bonds) rose 36% in the first quarter of 2024 to $281 billion
4/24/24: The European Parliament has approved the new Corporate Sustainability Due Diligence Directive (CSDDD), which would require large companies to address their adverse impact on human rights and the environment
4/23/24: Forbes has published its America’s Best Employers For Diversity 2024 list, showing that many companies remain steadfast in their commitment to diversity, equity, and inclusion
4/22/24: The Biden-Harris Administration is providing USD 7 billion in grants to deliver residential solar projects to over 900,000 households nationwide, aiming to save low-income Americans USD 350 million annually
4/17/24: The World Bank Group and African Development Bank Group are partnering to provide electricity access to 300 million people in Africa by 2030
4/17/24: A new study predicts that, by 2049, climate change will reduce global income by approximately 19% -- costing around USD 38 trillion annually
4/7/24: A study conducted by Morning Consult indicates significant public, consumer, and investor support for ESG principles.
4/4/24: The U.S. Environmental Protection Agency announced eight selections to receive USD 20 billion in grants under the Greenhouse Gas Reduction Fund’s National Clean Investment Fund and Clean Communities Investment Accelerator.
3/25/24: The U.K’s development lender, British International Investment, will provide a USD 100 million finance facility to the Eastern and Southern African Trade and Development Bank to boost food security in the region.
3/17/24: A MSCI report found that women held 25.8% of board seats at large- and mid-cap companies in 2023, a slight increase from 24.5% in 2022, but with growth slowing compared to previous years
11/18/23: ESG Advocates Push for Better Definition and Quantification of the 'S' (Social) Factor
10/29/23: How to Continue Investing in Diverse Entrepreneurs
10/18/23: Fifth Circuit Court of Appeals Upholds Nasdaq's Board Diversity Rule
10/12/23: Department of Labor Issues Advisory Opinion Supporting Citigroup's Efforts to Diversify 401K Program Managers
10/10/23: California Governor Newsom Signs Groundbreaking Law Promoting Diversity in Venture Capital
10/4/23: Reuters' Timeline Chronicles Policies Disadvantaging Black Americans Since 1862
10/3/23: Eleventh Circuit Court of Appeals Grants Preliminary Injunction in Fearless Fund Case
9/26/23: Federal Judge in Atlanta Rejects Preliminary Injunction Request to Halt Venture Capital Fund's Consideration of Grants for Black Women-Led Businesses
8/31/23: New York State Bar Association Publishes Report from Task Force on Advancing Diversity
8/24/23: World Bank Approves $650 Million for Two New Projects in Argentina
8/10/23: Agricultural sciences company FMC Corporation has pledged $30.5 million to the UN-backed Zero Hunger Private Sector Pledge
8/2/23: The American Alliance for Equal Rights has filed a lawsuit against the Atlanta-based venture capital fund Fearless Fund, alleging racial discrimination
6/15/23: The National Football League (NFL) is securing a $78 million loan from a syndicate of Black- and minority-owned banks and community development financial institutions to increase lending in underrepresented communities
5/2/23: Global investment firm Energy Impact Partners completed fundraising at $112 million for its new Elevate Future Fund I LP
4/13/23: Apollo Global Management aiming to double the amount its portfolio companies are spending on diverse suppliers and vendors
2/21/23: Morningstar announces nine equity indexes incorporating UN Sustainable Development Goals (SDGs)
2/1/23: Wells Fargo announces $50 million grant to support the NAACP
1/26/23: One third of Gen Z UK workers rejected jobs because of ESG values
1/17/23: Fidelity commits $250 million to helping underserved minority college students
1/10/23: TPG launches TPG NEXT to invest in underrepresented alternative asset managers
11/29/22: Euronext launches two gender equality indices
11/22/22: EU adopts rule requiring 40% of non-executive directors or 33% of all directors be members of the under-represented sex
10/13/22: SEC staff FAQs about use of DEI by investment advisers
5/16/22: California court holds state law mandating California companies to include women on boards unconstitutional
3/25/22: The war in Ukraine raises questions regarding whether defense industry stocks should be part of an ESG portfolio
2/24/22: Citigroup’s elimination of overdraft fees to help the under-banked
2/1/22: Solidifying the S in ESG
8/30/21: A recap of recent corporate racial equity investments
6/22/21: How one capital allocator aligned its racial equity values with its investment strategy
6/16/21: How finance was able to move the needle against online sexual abuse
5/28/21: Companies are more receptive to diversity proposals by shareholders
10/23/20: Yale’s endowment measures money managers on staff diversity
10/20/20: Detailed report by the Business Roundtable on promoting racial and economic justice
9/23/20: Citigroup study calculates that racism has cost the U.S. economy $16 trillion
7/1/18: Evidence that diversity can improve returns
