Climate Action 100+ progress report records accelerated company commitments to net-zero emissions but gaps remain

Almost half the focus companies of Climate Action 100+ – the world’s largest ever investor engagement initiative on climate change – have now established commitments to reach net-zero emissions by 2050 or sooner, its latest progress report reveals.   The Climate Action 100+ 2020 Progress Report also outlines the significant growth and evolution of Climate Action 100+. There are now 545 investor signatories, responsible for over USD52 trillion in assets under management and engaging with 167 companies through the initiative. But despite the significant growth in signatories and net-zero commitments, the report details ongoing gaps in target coverage, with only a small proportion of…

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City Of London Charity Raises £1.5 Million For Charities In Pandemic Year

In 2020, the most challenging of years, The Lord Mayor’s Appeal has been committed to its vision to create ‘A Better City for All’.   Its ambition is to help one million people thrive through the charities it is supporting, Place2Be, OnSide Youth Zones, Samaritans, and The Duke of Edinburgh’s Award, and through its impactful initiatives Power of Inclusion, This is Me, She Can Be… and City Giving Day.  To showcase their work throughout the year, The Lord Mayor’s Appeal have published their annual Impact Report, and had a website…

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Statisticians for Society widens criteria for eligible charities

The RSS Statisticians for Society initiative, which links volunteer statisticians to charities will, for a short time, be able to assist more charities who need help gathering evidence for grants and fundraising, implementing new services and understanding the effect of Covid-19 on their communities. The National Lottery, which backs the initiative, has given us permission to temporarily increase the income criterion for Statisticians for Society from £500k to £1 million. The Society requested relaxing the criteria to help more charity sector organisations who have been greatly impacted by the pandemic,…

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Big Society Capital launches call for innovative social impact investment ideas

The social impact investor has called on fund managers, social enterprises and charities to submit their ideas by 1 March 2021 – and is offering up to £30,000 of development funding plus in-kind support and connections for a selection of ideas with the greatest potential to transform people’s lives in the UK. Applicants are encouraged to explain the social issue, business models and potential for investment associated with their idea – which would allow multiple social sector organisations to access investment. Ideas could relate to changing a part of the…

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£100 million donation from Ineos to Oxford University creates new institute to fight antimicrobial resistance

Ineos, one of the world’s largest manufacturing companies, and the University of Oxford are launching a new world-leading institute to combat the growing global issue of antimicrobial resistance (AMR), which currently causes an estimated 1.5 million excess deaths each year- and could cause over 10m deaths per year by 2050. Predicted to also create a global economic toll of $100 trillion by mid-century, it is arguably the greatest economic and healthcare challenge facing the world post-Covid. It is bacterial resistance, caused by overuse and misuse of antibiotics, which arguably poses…

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