IFC and Banco Industrial expand financing for SMEs, with a focus on women-led businesses and the Legal Amazon

IFC, a member of the World Bank Group, and Banco Industrial do Brasil S.A. (BIB) have announced a $105 million financing package to expand access to finance for micro, small, and medium-sized enterprises (MSMEs) throughout Brazil. The investment will support women-led businesses in particular and help expand financial services in the Brazilian Legal Amazon region, contributing to promoting the country’s inclusive and sustainable economic growth. At minimum of 30% of the resources will be allocated to finance women-led small and medium-sized enterprises (SMEs), 10% will support SMEs operating in the…

Bigger, bolder, better: Clear Channel’s Compass scheme expands to support scaling businesses with national reach

Clear Channel UK is doubling down on its commitment to supporting Black-owned businesses with the return of the Compass scheme in 2025, in partnership with Jamii. This year, the initiative is expanding its impact with a £250,000 prize pot—providing five winners with national digital Out of Home advertising campaigns worth £50,000 each to help scale their businesses and increase their visibility. Following previous successful editions, Clear Channel is evolving Compass to support more established businesses looking to scale up, ensuring that winning brands have a national presence—whether through e-commerce platforms…

Three Leading Media Businesses Join Forces with London High School to Inspire the Next Generation of B Corp Leaders in Advertising

In an innovative collaboration this B Corp Month, independent City Heights Academy, media agency December19, media sales house Canopy Media, and media partner and behavioural location data intelligence provider Mobsta threw open their doors on 25 March to nurture the next wave of purpose-driven media pioneers. Their initiative, ‘Gen B Corp Unlocked’, shows how B Corp principles shape modern media strategies and operations. The day-long event welcomed GCSE Media Studies students from City Heights Academy in Tulse Hill, to showcase the advertising industry and spotlight how being a B Corp influences their work across different…

New CISL playbook for businesses aims to accelerate a market-wide sustainable transition

A new report from the University of Cambridge’s Institute for Sustainability Leadership sets out a pathway for the private sector to proactively respond to the current volatile geopolitical context while continuing sustainability efforts.  The Competing in the Age of Disruption report, co-written by CISL’s CEO Lindsay Hooper and CISL Fellow, Paul Gilding, with contributions from over 20 senior business leaders, demonstrates that innovation to drive market-wide change can create a level playing field for business action to address climate and nature risks.  Businesses face existential risk from two directions: systemic…

UN Global Compact and PRI Convene Business Leaders to Accelerate Sustainable Finance for a Resilient Future

The United Nations Global Compact (UNGC) and Principles for Responsible Investment (PRI) successfully convened the Executive Roundtable on Sustainable Finance – Driving Leadership in Sustainable Finance for a Resilient Future at the Orchard Hotel in Singapore today. This high-level gathering brought together CEOs, CFOs and institutional investors to mobilize private and institutional capital towards financing sustainable development, addressing biodiversity loss and closing the SDG financing gap in the Asia-Pacific region. With Asia facing an annual shortfall of $1.5 trillion to meet the Sustainable Development Goals (SDGs), discussions centered on scaling…