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Net-zero carbon emissions won’t be sustainable if social inequalities aren’t addressed

With COP26, the UN’s climate change conference, on the horizon next year in Glasgow, all eyes are on securing the decarbonisation of the global economy. What this will mean and how it will be achieved will be hotly debated before, during and after the conference. Thanks to COVID-19, the world has experienced an extraordinary simulation of

China’s ESG iceberg: sustainability in the age of technological disruption

It may be hard to imagine China as an emerging leader in sustainable business practices as it remains one of the world’s top carbon emitters. However awareness of ESG best practices is growing among Chinese companies, largely driven by changes in regulatory policies as part of China’s structural shift toward sustainable growth. As with other

For Owners Looking to Sell, an Option That Keeps Their Company Intact

In early 2000, Michael and Lynn Terry started a business selling horse trailers that were lighter than their competitors’ and customized to each client’s needs. Nearly two decades later, their company, Cimarron Trailers, with tens of millions of dollars in sales, employed over 130 people in Chickasha, Okla., and their trailers were sold at 30

17 U.S. Ballot Initiatives to Reduce Inequality

While the presidential race has dominated the 2020 election, there are many other important decisions facing American voters. Here are 17 proposals on ballots around the country that, if approved, would go a long way towards reducing economic inequality. Tax increases on the wealthy and corporations One of the biggest fights over fair taxation is

Hunter-Davisson Becomes 100% Employee-Owned

On October 19, 2020, FMI Capital Advisors announced the transfer of ownership of Hunter-Davisson, Inc. (“Hunter-Davisson”) to company employees via the Hunter-Davisson, Inc. Employee Stock Ownership Plan (“ESOP”). In this transaction, Hunter-Davisson became 100% employee-owned. FMI Capital Advisors was the exclusive financial advisor to Hunter-Davisson for this transaction. Based in Portland, Oregon, Hunter-Davisson is a

For energy transition, the key word is sustainability, not politics

Two words — sustainable and transition — are frequently used when we talk about energy these days and unfortunately, the definitions are at best inconsistent and at worst, misleading. That makes agreeing on not just what we need to do, but how, especially difficult. Nevertheless, doing nothing is not an option. The transition to a

Merrick’s Employee Ownership: What’s the Secret Sauce?

Merrick’s employee ownership journey started at the beginning of our company, with Founder Sears Merrick. In fact, the first stock transactions in Merrick’s history were recorded in the year we were incorporated, 1959. Sears had a theory that anyone who worked for themselves would work that much harder (and he was right!). From our inception,

Here’s how much it would cost to move every home in the U.S. to zero-carbon energy

A typical American household runs on fossil fuels: natural gas for heat, hot water, and the kitchen stove, gas or diesel to power the cars in the driveway, and coal and natural gas still powering the majority of the electricity flowing in the home, even as the amount of wind and solar on the grid

Layering Evidence for Impact Investing Success

The field of impact investing turns 12 this year. As any parent knows, 12-year-olds can be precocious, and while they’re still young, they’re also maturing and ready to take on more responsibility and accountability. The same is true of the impact investing field. In particular, now is the time for more maturity and accountability in measuring social

Covid-19 reverses electricity access progress

Energy access policies continue to bear fruit, with 2019 data showing important progress. The number of people without access to electricity dropped from almost 860 million in 2018 to 770 million in 2019, a record low in recent years. In India, the government announced having reached full electricity access in 2019, and effective policies have

Are we on track to end global hunger?

Food insecurity has been increasing in recent years, and has been further exacerbated in 2020 by the coronavirus. But what can we expect for the next decade? What will current trends in climate change, economic growth, and demographic shifts mean for food security throughout the 2020s? With data from the Food and Agriculture Organization in partnership

Sustainability themes too important to ignore

2019 was a pivotal year in the journey towards a more sustainable future. The recent wave of public attention generated by the nature documentary series ‘Blue Planet II’ has helped to create a backlash against single-use plastics. Sustainability issues have made front-page news courtesy of environmental movement Extinction Rebellion and Swedish teenage climate activist Greta

Algorithms Are Making Economic Inequality Worse

The risks of algorithmic discrimination and bias have received much attention and scrutiny, and rightly so. Yet there is another more insidious side-effect of our increasingly AI-powered society — the systematic inequality created by the changing nature of work itself. We fear a future where robots take our jobs, but what happens when a significant

Which aspect of US economic inequality is most worrying?

Inequality has been seizing ever more of the public’s attention in recent years, reflected everywhere from papal encyclicals and economic tomes by French socialists to technical academic debates and the demotic language of politicians and pundits. The health and economic effects of the Covid-19 pandemic have further elevated these concerns. But which aspect of inequality should we be

Future of the workplace: Sustainability, climate change and COVID-19

Environmental and sustainability professional, Dr Leyla Acaroglu, and next generation employee experience platform and intranet provider, Unily, have launched the Future of Workplace Sustainability Report, which explores how sustainability, climate change and COVID-19 are shaping the future of the workplace. We are living in a time of great and immediate change, and COVID-19 and climate change are just two of

How Does Socioeconomic Inequality Affect Social Class, Especially for People of Color?

Socioeconomic inequality is one of the most pressing issues American society is grappling with. How does it play out over generations and how have those inequalities led to discrepancies in wealth, especially for people of color? This year’s Boston University Diversity and Inclusion (D&I) annual Learn More series focused on an exploration of social class,  featuring

What Digital Banks Can Do To Help Narrow The Racial Wealth Gap

In 2018, two professors and a Ph.D. candidate in economics from the University of Bonn designed a study to investigate long-term income and wealth inequality in the United States. They were specifically interested in how the financial crisis of 2008 had exacerbated existing inequalities and disproportionately affected middle- and lower-income Americans. One of the things they found, unsurprisingly,

Defining and Measuring Sustainability

While the U.S. national government rushes to dismantle regulation, last week’s Wall Street Journal featured a series of articles about the move by top corporations to adopt sustainability measurement and management. Even the venerable Journal has figured out that corporate managers are increasingly saving money while reducing the environmental damage caused by their organizations. Moreover, the best and brightest

5 ways social innovators are leading the reskilling revolution

Social entrepreneurs are at the forefront of reskilling those who need it most to prepare them for the jobs of the future. Here are 5 ways in which social innovators are leading the reskilling revolution around the world. Social entrepreneurs are using their ingenuity to equip people today for the jobs of tomorrow. The Schwab Foundation

At least half of people who have a job fear they’ll lose it in the next 12 months

New survey shows more than half of working adults fear for their jobs. But two thirds of workers are optimistic about retraining on the current job. Employment concerns and perceived opportunities to learn new skills vary greatly between countries. A new Ipsos survey, conducted on behalf of the World Economic Forum, shows that more than