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Barclays launches an ‘impact investing’ fund seeded by Harvey McGrath in response to demand
Barclays has developed and launched an impact investment vehicle, seeded by Sir Harvey McGrath and designed to reflect the social conscience of the modern investor; together they believe conscience and credible returns can be compatible.
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- Uncategorized
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- Europe & Eurasia
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- ESG, impact investing
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846 Companies Honored as Best for the World, Creating Positive Impact for Workers, Environment, Community
“Today's honorees inspire all companies to compete not only to be best in the world, but best for the world. We hope many will take the first step to follow their lead by using the B Impact Assessment to measure and manage their impact with as much rigor as their profits,” said Jay Coen Gilbert, co-founder of B Lab.
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Social Enterprises Are Starting To Suck Up All The Talent From Nonprofits
According to the report’s fine print, the number of organizations expecting to hire dropped 7% year-over-year, while it rose 4% among social enterprises in the private sector. And that changes the stakes of the hiring game a bit. It’s no longer nonprofit versus nonprofit.
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- Uncategorized
- Region
- North America
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The tumultuous journey of Bharat Financial Inclusion
Bharat Financial Inclusion, formerly SKS Microfinance and India’s first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival.
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- Uncategorized
- Region
- South Asia
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New act in Thailand to give social enterprises a big boost
Social Enterprises Act will propose that the National Legislative Assembly (NLA) set a target for the rest of this year and through 2018 to boost the number of social enterprises in the country.
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- Uncategorized
- Region
- Asia Pacific
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Entrepreneurship and Millennials Are Thriving in Emerging Markets
Plenty of ink has been spilled on the root causes behind this troubling phenomenon, from high student debt to the rising costs of healthcare. Yet there is one part of the world where entrepreneurship is alive and well: emerging markets.
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- Uncategorized
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Vodafone launches financial inclusion project for women
The project would see groups of women under the Village Savings and Loans Scheme and Rural Project Support Network, introduced to financial inclusion opportunities including the use of Vodafone cash.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Peer to Peer Lender Amartha Partners with Largest State Owned Micro-credit Company in Indonesia
Peer to peer lender Amartha has formed a partnership with the largest state-owned micro credit guarantee company in Indonesia, Perum Jamkrindo. This follows a similar partnership with Bank Mandiri. Amartha is an online lender designed to connect Micro Businesses and SMEs that seek affordable working capital with investors who want to fund their business based on credit risk and expected return. This is a significant agreement for Amartha. Indonesia is the fourth most populous country in the world and support of small business is vital to the economy. Jamkrindo is a state-owned enterprise that has been given a special mandate by the Government to guarantee credit and financing, as well as financial transactions particularly in the SME and micro segments. Jamkrindo is the largest credit guarantee company in Indonesia with total guarantee value of more than Rp 270 Trillion and 8 Million credit.
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- Uncategorized
- Region
- South Asia