Day: 3 August 2021

Dentsu Report Highlights Green Shoots of Ad Spend Recovery Led by Digital Resilience, Promising Growth Into 2022

Stuart Mitchell

Advertising investment is forecast to grow by 10.4% globally in 2021, according to the latest dentsu Ad Spend Report.  The twice-yearly report which combines data from 59 markets, anticipates US$634bn will be spent globally with all regions enjoying positive growth. Canada, US, Australia, UK and India are forecasting particularly high growth rates in 2021, with 2021 growth expected to exceed pre-pandemic levels in 5 of 13 top spending ad markets – Canada, China, Russia, UK and US. The pandemic-induced decline in global advertising spend during 2020 has proved less severe…

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Albertsons Companies Commits to Setting Science-Based Target to Reduce Carbon Emissions

Stuart Mitchell

Albertsons Companies has announced its commitment to the Science Based Targets initiative (SBTi) and will set an emissions reduction target that supports the goals of the United Nations’ Paris Agreement to reduce carbon emissions. Albertsons Cos.’ emissions reduction goal will align with standards that are designed to ensure a better future and to prevent the worst impacts of climate change. In a recent assessment of priorities for Albertsons Cos.’ Environmental, Social, Governance (ESG) strategy, internal and external stakeholders rated energy and emissions as high priorities for the Company to focus…

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Valley Bank Releases 2020 Corporate Social Responsibility Report

Stuart Mitchell

Valley National Bancorp, the holding company for Valley National Bank, released Catalyst For Change, the Bank’s 2020 Corporate Social Responsibility (CSR) Report that highlights the Bank’s commitment to helping build stronger communities and to advance its mission to promote social and economic justice. To view the full report, click here or visit www.valley.com/CSR2020. Here are a few highlights of our community support in 2020: $3.6 Million in total charitable giving $575,000 allocated across 14 food banks and food pantries throughout their geographic footprint $2.5+ Million invested in COVID-19 related funds…

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Golden Lane Housing Raises £11 Million Through Social Bond Offer

Stuart Mitchell

The social bond offer for Golden Lane Housing Ltd (the “Charity”) has closed early and oversubscribed after significant interest from institutional and retail investors.The offer of 3.25% social bonds due 2031, from special purpose issuer Retail Charity Bonds PLC (“RCB”) and managed by Allia C&C, was launched on 1 July 2021 and closed after less than a week at 2pm on 6 July 2021. £11 million of the bonds have been sold to investors while a further £4 million will be retained and may be sold at a later date…

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FareShare renews call for food waste funding to be continued

Stuart Mitchell

FareShare is once again calling for the renewal of a ground breaking government trial scheme, which helps with the costs of diverting surplus food to frontline charities. “When modest financial support to offset the additional costs of redistribution for farmers and producers is made available we can almost double the volume of food we save from waste in this country. When this support is withdrawn, thousands of tonnes of good quality surplus food within our supply chain will, inevitably, end up being wasted, instead of being diverted to charities supporting…

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