1. A “B Corporation” is Not a New Corporate Form
A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification. B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking.
1. A “B Corporation” is Not a New Corporate Form A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification. B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking. ...›
MoFo Impact’s Suz Mac Cormac spoke on a panel at Climate Week NYC 2019 covering “Facilitating Investments Towards a 1.5˚C Future: How Can Companies Harness Investment Opportunities and Leverage Portfolios for a Net-Zero Future?” The panel covered investment strategies needed to ensure a sustainable and equitable path to net-zero emissions is delivered at an accelerated ...›
Significant commitments, partnerships, and new research projects worth trillions were announced during Climate Week 2019. The United Nations Global Compact and Accenture released findings from their CEO study on sustainability, which draws on insights from more than 1,000 CEOs. Caltech announced a $750 million donation aimed at scaling research on environmental sustainability and climate research. ...›
The MoFo Impact team recently published two articles in the Daily Journal on legal forms for social enterprises. The first article, “Leveraging Corporate Structure for Impact,” summarizes the different forms that entrepreneurs and investors alike should consider to help save our planet and improve the lives of the people on it. In “10 Considerations for ...›
Members of the MoFo Impact team contributed two chapters in The Lawyer’s Corporate Social Responsibility Deskbook: Practical Guidance for Corporate Counsel and Law Firms, published by the American Bar Association. This new guide is a comprehensive resource for in-house and outside counsel to help their companies, firms, and clients develop effective corporate social responsibility programs. ...›
As food waste becomes a major global problem, grocery stores now offer “happy hours” as a solution. IKEA’s sustainability chief describes the company’s progress in becoming a circular business by 2030. The World Bank explains how data and artificial intelligence will change the education landscape. Clean energy has reached a tipping point: it’s cheaper to ...›
Insurance companies in California are choosing not to renew homeowners’ policies because of wildfire risk. The KKR Global Impact Fund received a $225 million investment from UBS. A new report by the World Resources Institute lays out a global action agenda to solve the world’s food loss and waste problem. A Harvard professor explains how ...›
Fortune released its 2019 Change the World list of 52 companies using their business to help the planet. Apollo Global Management jumps into impact investing with a $1 billion debut social impact fund. In his latest Forbes piece, Bob Eccles discusses the importance of the transportation sector to the sustainable development goals. Artificial intelligence technology ...›
How can you tell if your investment is really responsible? The Washington Post provides an overview of ESG ratings. Procter & Gamble’s chief sustainability officer explains how she is making sustainability “irresistible” in a new piece in Forbes. A new study led by a Stanford psychologist and Illumen Capital found that venture capital funds led ...›
Morgan Stanley announced a new tool to help financial advisors and their clients’ measure sustainable investment performance, allowing the prioritization of selected environmental, social and governance interests and alignment with the United Nations Sustainable Development Goals. Schroders expanded its impact investing strategy through its acquisition of a majority stake in Swiss impact investor BlueOrchard. New ...›
The EY Center for Board Matters’ 2019 Proxy Season Review report revealed gender diversity and sustainability were among the main governance concerns. The $50 million Rhino Impact Bonds (RIB), the first financial instrument working toward the conservation of a species at risk of extinction, will launch in 2020. Unless progress is accelerated, Asia and the ...›