Finance

In reaction to the prevailing shareholder value logic – and especially the idea that companies have a legal, fiduciary duty to place their needs above all others – the concept and practice of stakeholder value emerged in 1984. This article looks at its evolution over the ensuing decades.

ImpactAssets, a leading $1.6 billion impact investing firm, promotes Sandra Osborne Kartt, Nick Peters and Deb Parsons across its investment and business development teams following a rapid growth of the firm’s leading-edge impact investment offerings.

Fifth Third’s Community Development & Social Responsibility group is also donating $150,000 in support of regional Bank On coalitions to boost awareness about the availability of Bank On-certified accounts in the communities the Bank serves.

Aimed at driving meaningful social change through leading-edge technologies, such as 5G, MEC, AI and XR, the Verizon Forward for Good Accelerator has one mission: To leave the world better than we found it.

The new Goldman Sachs product links the yield clients earn on their deposits to the achievement of their own ESG targets. ESG-focused companies, like Xylem, stand to earn higher yields as they deliver on their sustainability strategies.

Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, announced that the Bank will lend and invest $5 billion over the next three years to help strengthen local communities.

The shareholder value doctrine suggests that companies and their managers should only do something that’s good for society when it is simultaneously and demonstrably good for business. This belief is increasingly being questioned and challenged.

Goodyear announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio.

Alkermes will begin accepting applications for its annual Alkermes Pathways Research Awards® program on 9/13/2021. This competitive grant program supports researchers working to advance understanding & awareness of disease states in neuroscience.

Walmart Inc. (NYSE: WMT) today announced it has successfully priced the company's first green bond. Net proceeds from the $2 billion green bond offering will be used to fund existing and future projects that enable Walmart to achieve its sustainability goals.