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  • How investor pressure prompted oil majors to wake up to climate change

    Due to pressure from shareholders and asset managers to invest sustainably, there has been a rapid growth in environmental, social, and government investing. Assets in sustainable mutual funds globally reached $1 trillion in the second quarter of 2020 and fund managers rolled out 107 new sustainable funds in Europe. Despite this increase in interest, shareholders continue to grapple with balancing sustainable considerations with investment decisions.

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  • Could carbon-removal tech make travel more sustainable?

    Climeworks, a Swiss start-up, is using technology to suck carbon out of the air and turning it into stone, essentially cutting greenhouse gas emissions from the atmosphere permanently. Their plant in Iceland is able to turn 50 tonnes of carbon to stone per year. While that amount of carbon won’t solve the climate crisis, they are expanding their work to other countries and are launching a personal carbon removal subscription service as a way for the travel industry to help offset the carbon that they emit each year.

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  • How #HireBlack Is Helping 10,000 Black Women Get Trained, Hired, And Promoted

    A social media post transformed into an initiative to help companies in their search for Black talent. #HireBlack provides a community space where Black women can receive help with their job search, resumes, salary negotiations, and networking while tapping into the recent corporate effort of hiring and retaining Black talent. Over 150 Black women have received coaching and over 1,000 women have been provided with resume help. The objective is to help 10,000 Black women reach their professional goals.

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  • How sports institutions have overhauled their images in the past

    Renaming the Washington Redskins to remove a racist name and logo will require a difficult and delicate process juggling a host of issues that other professional and college sports franchises have successfully navigated in the past. Often a years-long process, rebranding involves choosing a name and color scheme that replace the harmful imagery with a positive name that passes trademark tests, wins fan support, maintains brand equity and continuity built over decades, and can be reduced to a simple logo that looks good on helmets and in all media, from TV screens to smartphones.

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  • Can direct air capture make a real impact on climate change?

    Climeworks is focusing on pulling carbon dioxide directly out of the air to store or reuse in some capacity as a way to lower global greenhouse gas emissions. The Swiss company has 16 plants around Europe, with their biggest one in Switzerland that removes 900 tons of carbon dioxide a year that is then sold to Coca-Cola Co. to put in soft drinks or to local industrial greenhouses for plant growth. Scaling the operations to capture more carbon is costly, but the startup recently raised $76 million from investors.

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  • Why Japan's Jobless Rate Is Just 2.6% While the U.S.'s Has Soared

    Japan's unemployment has barely grown during the COVID-19 crisis, thanks in large part to a business culture that prizes employees' interests over short-term profits. Much of the country's economy remained open in the pandemic's early months. But the jobless picture was aided even more by policies based on a tradeoff between ordinarily high demands on workers in return for job security. The same policies have produced a tight job market that can make companies risk averse in their hiring. But the net effect during the crisis has been much less economic pain inflicted on workers.

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  • Martha Is Eliminating Tipping. What Does That Mean?

    The elimination of tipping has allowed one Philadelphia bar to give their employees health insurance and ensure an equal distribution of income amongst all employees. Typically servers in the front of house make much more in tips than those working in the kitchen. The owners of Martha are instituting a 20 percent service fee in lieu of optional tipping, providing a more stable source of income for all employees.

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  • Could paying farmers to store carbon help the climate and save farms?

    Indigo Agriculture, an ag-tech startup, is looking to pay farmers to draw carbon dioxide from the air and store it in the ground, which could help mitigate the effects of climate change and lower greenhouse gas emissions. Other companies that want to offset their own emissions can purchase credits on a carbon exchange. While the market hasn’t opened yet and some experts are skeptical about how much carbon the soil will absorb, Indigo Agriculture has signed up more than 5,000 farmers representing 19.8 million acres of land.

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  • How Big Tech is Reshaping the Power Grid

    As part of a deal with Facebook to build a data center in New Mexico, an electric utility is investing in renewable energy to power the center. Through power purchase agreements, which are contracts to buy renewable energy, the social media company is accelerating the state’s transition away from fossil fuels. These contracts often come with large tax breaks for companies, but Facebook will help finance $800 million worth of wind and solar installations that can generate 396 megawatts of power. These agreements can also be implemented in other states who are hardest-hit by the decline of coal consumption.

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  • How a Former Dry Cleaners Became a Cleveland Community Hub

    PNC Fairfax Connection is a community center run by PNC Bank but separate from its corporate services. The center is free and accessible to all, was built with community-focused design, and seeks to build strong community ties. Programming is based on member input and ranges from social events to professional development resources. For example, over 400 residents attended a concert hosted by the center and another program helped six formerly incarcerated community members to secure employment with resume creation and interview preparation support. The center is currently closed due to Covid-19.

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