On March 8, Wells Fargo, the third largest US bank by assets, announced its commitment to carbon neutrality, announcing that it intends to achieve net-zero emissions by 2050 in alignment with the Paris Agreement. Wells Fargo is the last of the U.S.’s big six banks to make the net-zero emissions pledge following similar commitments by Goldman Sachs, Citigroup,...
The impact of the current slowdown in economic activities worldwide has been generally negative and depressing. The world economy has fallen into a recession, practically every sector of the global economy has been affected and the ripple effects of this impact can neither be overstated nor ignored. At the onset of all this, early estimates...
The COVID-19 pandemic has driven a surge of calls to domestic violence support services, as survivors of violence spend more time at home with their abusers due to lockdowns and other restrictions. Many feel they can’t leave — or that they must return to abusers — because they lack financial security or are unsure about...
GoParity, an impact investment platform based in Portugal and with more than 2.1 million euros of investment raised for environmentally and socially responsible projects is now launching its first project in Africa. Its new project called SolarWood Hospital, will co-finance a renewable energy solution that will be installed at Good Shepherd Mission Hospital in Siteki, capital of Lubombo...
Australian couples need to work together on their finances to reduce stress, reveals new research. Money is driving conflict, secrets and stress among Australian couples, according to new research from MyState Bank, which is urging all Australian couples to devote more time to working together on their finances this Valentine’s day. The Love and Money Survey of 1,000 Australians...
Newsflash: Overall consumer debt in the US last year amounted to $13.9 trillion, the highest it’s been since data has been made available. This figure paints a worrisome picture of just how many people are currently struggling to stay on top of their personal finances. With over-dependence on credit cards, personal and student loans and mortgages, it’s...
When I first began my sustainable lifestyle journey, I did what most people do when it begins to dawn on them that their very existence threatens the health of the planet: I shopped less and cut my waste, started composting my food scraps and began carrying around my reusable water bottle. Year after year, I...
Note: This letter from the editor was originally published in our weekly newsletter and is being republished here. Hey guys, Over the last few months we’ve been approached by various organisations about ethical finance and it’s wonderful to see that the sustainability movement is evolving to encompass such an important part of our lives. Tackling money and finances...
My journey into ethical living came by way of fashion, more specifically, when I stepped foot in an offshore garment factory and had the profound realisation that I had been buying clothes without considering the people who had made them or the impact its manufacture had on the planet. That fateful experience nearly 11 years...
MEDIA RELEASE Ausbil Investment Management (Ausbil) has become the first Australian company to sign the landmark Investor Declaration on Plastic Pollution, a declaration citing plastic pollution as a clear corporate brand risk and pledging to interact with leading companies to find solutions through new corporate commitments, programs, and policies. In becoming a signatory to the...
Buy Now, Pay Later services and social media also negatively impacting saving goals PRESS RELEASE Boredom and ‘bad days’ are among the biggest savings roadblocks for Australians, along with social media influencers, peer pressure from friends, and Buy Now, Pay Later services according to new research by MyState Bank. MyState Bank research revealed Australia is...
In the last few years, the practice of impact investing has grown exponentially. Along with concepts such as social enterprise and triple bottom line, impact investment is the result of a move away from the ‘profit-only’ manner of doing business towards the incorporation of more sustainable and ethical practices while simultaneously making profit. As the...