Michigan Central Station (MCS, or Michigan Central Depot) stands tall as a monument to the time when Detroit was one of America’s most important economic centers. Could it make a comeback?
Category: Investment & Markets
Resources & Information related to Investment & Markets, Socially Responsible Investing, SRI, Socially Conscious, Ethical Investing and more.
Nedbank Capital, one of the largest South African banks, and Face the Future, a global forest carbon project developer, signed a memorandum of understanding (MOU) last week to jointly develop sustainable forestry projects in Africa. Both companies already participate in developing African forestry projects. The MOU will allow the companies to bring together Face the … Continued
Last week the solar industry finally generated good news. Warren Buffett’s MidAmerican Energy Holdings agreed to buy First Solar’s Topaz solar farm, a 550-megawatt photovoltaic solar farm currently being built in Southern California (construction began last month and is set to finish by early 2015). The financial details of the purchase of the plant were … Continued
In October 2008, 8 weavers committed suicide in Sircilla, a small town in the state of Andhra Pradesh (India). This was preceded by another incident in 2006, when a destitute weaver of Sircilla sold his four-month-old son for Rs 500 (approx. $10) to keep the hearth burning.
Last month KPMG released the results of a survey of corporate social responsibility reporting that found that 95 percent of the Fortune 250 is now reporting on CSR activity. Among the largest 100 companies in each country surveyed, CSR reporting increased by 11 percent since 2008. Clearly, sustainability reporting is not just a passing trend. But … Continued
Last week Forbes added a new list to its famous collection. It wasn’t about the richest people in Asia, the most powerful women in America or the best companies worldwide, but about the top social entrepreneurs. For the first time in its 94-year history, Forbes assembled the Impact 30: a list of the world’s leading … Continued
With stimulus initiatives in the form of soft loans, cash incentives, tax credits and grants expiring, the U.S. energy sector must find new investors and new tax-based equity financing structures over the next 18 months or risk a sharp decline in new project builds, according to a report by the specialist research firm Bloomberg New … Continued
Have you ever shared a car ride, lent someone a book, made a mix tape, or traded clothing? Then you’re part of the WEconomy, a new economic model where communities of consumers share, swap or rent goods as opposed to owning them.
When we think of owning stock in an organization, we usually think of for-profit corporations. Images of streaming ticker symbols and stock markets rising and falling come to mind. In this case, we typically own stock so that we can (hopefully) make money. However, we have a unique opportunity to own stock in a nonprofit … Continued
A look back at the role of corporate banks during the financial crisis of 2008 and a look at other options such as Community Development Financial Institutions (CDFIs).
The Federal Aviation Administration is awarding $7.7 million in contracts to eight companies who will help the agency develop and approve sustainably-sourced “drop-in” jet fuels that can be used without changing aircraft engine systems or airport fueling infrastructure. The funds are being distributed by the Department of Transportation’s John A. Volpe Center. “These new green … Continued
Credit union membership continues to surge after the successful ‘Move Your Money’ campaign. The opportunity now exists to better articulate the connection between credit unions as cooperative businesses owned by the members and the need for them to invest more heavily in the growing cooperative business sector.
One of the original innovators in responsible tourism, Global Exchange’s Reality Tours, runs customizable trips to over 40 locations around the world including many countries rarely visited by tourists such as Afghanistan, Haiti, Iran, Cuba, Palestine and North Korea. Reality Tours promote peace through citizen diplomacy delegations, which creates personal engagements while traveling – real people and their personal stories, not just statistics.
Western Union will partner with USAID to launch the second African Diaspora Marketplace (ADM) that will kick start African diaspora business networks.