Year: 2020

Morgan Stanley Announces Commitment to Reach Net-Zero Financed Emissions by 2050

Stuart Mitchell

Morgan Stanley has announced a new commitment to reach net-zero financed emissions by 2050. The Firm joins many of its clients in this strategic goal and is committed to providing financing, expertise and thought leadership to support the transition to a low-carbon world. “Climate change is one of the most complex and interconnected issues of our time,” said Audrey Choi, Chief Sustainability Officer at Morgan Stanley. “Morgan Stanley believes we have an important role to play in facilitating the transition to a low carbon future, and we are proud to…

Read More

GSK Consumer Healthcare Partners with Direct Relief to Donate $1 Million to Support Frontline Healthcare Workers

Stuart Mitchell

GlaxoSmithKline have announced a donation of $1 million to Direct Relief on behalf of consumers who have purchased its consumer healthcare products since the onset of the COVID-19 pandemic. According to the COVID Tracking Project, hospitalizations have more than doubled in less than two months. GSK recognizes that with cases rising so rapidly, there is a critical need to continuously support health care workers. The monetary donation will be used to purchase personal protective equipment (PPE) and essential medical items for U.S. health workers on the front line dealing with…

Read More

Diageo Launches New Social Media Positive Drinking Campaign To Raise Funds For Wateraid

Stuart Mitchell

Diageo has highlighted its commitment to drinking in moderation, with the release of The Balance Challenge, an augmented reality (AR) Instagram filter designed to encourage people to swap an alcoholic drink with water and raise money for WaterAid in the process. The challenge demonstrates the importance of balance, allowing users to balance virtual water vessels on some parts of their bodies by matching a series of on-screen poses. To date the challenge has seen bartenders around the globe take part in the fun campaign, helping remind people over the festive…

Read More

TD Bank Group Issues First-Ever Sustainability Bond to Support Environmental and Social Initiatives

Stuart Mitchell

The Toronto-Dominion Bank (“TD” or the “Bank”) has closed a three-year US$500 million sustainability bond maturing on September 28, 2023.  The issue marks TD’s inaugural sustainability bond and the first to be issued under the Bank’s Sustainable Bonds Framework. The proceeds from this issuance will be used to finance and/or refinance loans, investments and internal or external projects (collectively, “Eligible Assets”) that meet the Framework’s criteria for being considered environmentally or socially responsible. Examples of Eligible Assets include green buildings, clean transportation, access to essential services such as healthcare, affordable…

Read More

2020 Corporate Human Rights Benchmark launches

Stuart Mitchell

The World Benchmarking Alliance (WBA) has launched its fourth edition of the Corporate Human Rights Benchmark (CHRB) assessing 230 of the world’s most influential companies on their human rights disclosures. Nearly half of the global companies assessed are failing to demonstrate they are conducting human rights due diligence in line with the United Nations Guiding Principles on Business and Human Rights. This is deeply concerning, given that human rights due diligence is at the heart of any good approach to managing human rights and is essential for companies to drive…

Read More