Search Results for: business

IFC and Sony Partner to Support Growth of Creative Businesses in Africa

Stuart Mitchell

IFC, a member of the World Bank Group, and Sony Group Corporation, recently announced the signing of a cooperation agreement to identify investment opportunities in companies in the creative industries in Africa in order to support new economic opportunities and create jobs. Under this agreement, IFC and Sony will work together to identify investment opportunities with a particular focus on seed and early-stage start-ups. Priority sectors for cooperation will include film, music, animation studios, post-production services, fashion, sports and technology and platforms supporting the creative ecosystem. This partnership leverages Sony’s…

Driving sustainable impact through business innovation: winners of the 2023 Fairtrade Global Awards announced.

Stuart Mitchell

Fairtrade is thrilled to announce the winners of the 2023 Fairtrade Global Awards, recognising the outstanding and innovative contributions from businesses to create a fair and just global trade system across the world. Hosted by Fairtrade Africa, the Fairtrade Global Awards feature a diverse range of eight categories celebrating excellence in ethical and sustainable trade practices, from climate action to living wages and income. The judging panel for the 2023 Fairtrade Global Awards was drawn from a group of experts and leaders deeply committed to ethical trade practices and sustainability,…

Ørsted and UC Berkeley’s Haas School of Business team up to advance people-positive renewable energy build-out

Stuart Mitchell

Ørsted, one of the world’s leading renewable energy companies, and Haas School of Business at the University of California, Berkeley, have entered a multi-year partnership to advance the positive social impact of renewable energy projects. Ørsted and UC Berkeley’s Haas School of Business will bring together community organisations, policymakers, and industry experts to lay the foundation for people-positive renewable energy. The Berkeley Haas campus in California. To limit global warming, yearly renewable energy additions must increase 3.3x per year by 2030[1].According to their 2023 report, the Intergovernmental Panel on Climate…

IFC Announces Winners of the DRC Agribusiness Innovation Challenge to Support Climate-Smart and Inclusive Agriculture

Stuart Mitchell

Businesses focused on digital technology and circular agriculture were named the winners of the DRC Agribusiness Innovation Challenge, a startup competition managed by IFC to support agri-small businesses and smallholder farmers as well as the development of climate-smart agriculture in the Democratic Republic of Congo (DRC). The three winning companies were selected from a shortlist of 10 businesses that pitched their ideas to a jury of government representatives, members of development organizations, agribusiness investors and venture capital funders in Kinshasa this week, ahead of the DRC Agribusiness Forum taking place…

New research: Carbon credits are associated with businesses decarbonizing faster

Stuart Mitchell

New research published recently suggests that companies that participate in voluntary carbon markets (VCM) are leading across a range of measures of robust climate action, accountability, and ambition—across the board, outperforming companies that do not buy carbon credits. The new study by Forest Trends’ Ecosystem Marketplace indicates that not only are carbon credits purchases funding rapid climate action, but are also associated with businesses companies that are already addressing climate change in their direct operations and throughout their value chains. Findings include: Companies engaging in the voluntary carbon market are…