Day: 13 September 2023

IFC’s Base of the Pyramid Platform Provides $1 Billion to Expand Access to Finance for Small Businesses

Stuart Mitchell

IFC, a member of the World Bank Group, announced a $400 million increase and one-year extension of the Base of the Pyramid (BOP) platform – an initiative first launched in 2021 to help financial services providers deliver critical funding to small and informal businesses, and low-income households. The additional financing, which brings IFC’s total investment to $1 billion, will ensure much-needed liquidity for lenders in the most vulnerable markets and expand support to underserved segments of the population, including women and women-owned businesses. With an average loan size of $1,149…

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Welch’s Releases First-Ever Corporate Social Responsibility Report

Stuart Mitchell

Welch’s, a leading company of fruit-based food and beverages, made available today its first-ever Corporate Social Responsibility Report. The report reflects progress made towards 2025 sustainability goals using baseline measures developed in 2020 and focuses on three pillars: Caring for Our Earth, Serving the Community, and Growing a Healthier Future. Welch’s believes Caring for Our Earth starts with our family farm owners. They are committed to managing natural resources carefully and efficiently and utilizing cutting edge research and technology to ensure the quality and integrity of the land they farm…

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ASA: Why it pays to #ad

Stuart Mitchell

The ASA/CAP have released a post called: Why it pays to #ad. I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. Influencer marketing is big business. A $1.7billion industry in 2016 has expanded to a projected $15billion one in 2022[1]. In February 2022 there were 57.6 million active social media users in the UK[2], which represents 84% of the UK population. Its rapid expansion has…

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Nature Markets Taskforce Sets Out Landmark Recommendations at Amazon Summit for a Fairer Nature Economy

Stuart Mitchell

An unprecedented historic shift towards pricing nature in global markets must be harnessed to deliver on nature, climate, and equity goals, says a high-level group of policy, Indigenous, business, and financial leaders. Today at the one-day finance side event to the Amazon Summit, the high-level Taskforce on Nature Markets launched its ‘Making Nature Markets Work’ recommendations report, detailing how the unprecedented shift towards pricing nature into the economy could make markets work more for people and the planet. The Taskforce called for more robust politically-backed governance frameworks to evolve alongside…

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UK Charity Makes Largest Private Pledge to Heritage Skills Training in History

Stuart Mitchell

UK charity, the Hamish Ogston Foundation has announced nearly £29million in crucial funding to heritage skills training in the UK and around the Commonwealth, marking the largest private commitment to the cause in history. The funding is designed to help bring the sector back from the brink of a decades-long global heritage skills shortage which is threatening historic buildings and places around the world. This new funding is granted to four organisations, English Heritage, Historic Environment Scotland, Commonwealth Heritage Forum and Cathedrals’ Workshop Fellowship, and will support a complete range…

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