Earlier this month, the federal Consumer Financial Protection Bureau (CFPB) proposed new rules to regulate payday lending – the business of offering high-cost short-term loans to Americans on terms that many consumer advocates consider predatory.
Read MoreWith the prices of solar technology dropping and the opportunity to save drastically on energy usage and costs, businesses and organizations across the country are investing more in solar infrastructure for their buildings and facilities. The Better Buildings Initiative of the US Department of Energy is helping by providing guidance and documenting effective approaches and financing for renewables installations - from hotels, to schools, to big box retail.
Read MoreYears of misrule and a subsequent dearth of hard currency, along with crippling bank-fostered debt cycles and exorbitant home mortgage interest rates, have created immense suffering for Myanmar's poor. But with the guidance of a local NGO, Women for the World, a pilot project helped women in some of Yangon's poorest neighborhoods capitalize on their cultural "head-of-household" status; by forming and managing community savings cooperatives, the women have instilled trust through local control and, above all, enabled members to secure land, build homes, buy food, and even generate profit through loans to families' business enterprises.
Read MoreIn the wake of a massive natural gas extraction project by Chevron, the Australian government asked the oil behemoth to bury as much as 4 million metric tons of carbon dioxide, which would otherwise be released into the atmosphere. The technology fueling the burying initiative, called carbon capture and storage (CCS), has had success in similar projects around the world in reducing greenhouse gas emissions from the oil creation process.
Read MoreBy making listening and communication a priority, employers can improve employee retention. In Ohio, Mansfield Plumbing Products designated an employee liaison whose job is to listen to employees and facilitate communication between workers and management. By implementing clear communication channels, employers can better learn how to address their workers' needs.
Read MoreIn Eskilstuna, Sweden, there is a different kind of shopping mall – one that sells used and upcycled goods. In an effort to combat consumerism and bolster sustainability, the mall, called ReTuna, is nicely curated and organized, making second-hand shopping mainstream. The mall sees 700 people each day, on average, and has sold nearly $3.5 million worth of items.
Read MorePhilanthropies are funding “tough tech” startups that are developing technologies to cut greenhouse gas emissions and mitigate the effects of climate change. Since 2014, the nonprofit Prime Coalition has channeled more than $24 million from wealthy donors and foundations to 10 ventures focused on that goal. Not all of their investments, though, have paid off. Yet, some of these initial investments could lead to widespread solutions to the world’s climate crisis.
Read MoreA family-run syringe making company in India is leading the manufacturing of Covid vaccine-specific barrels and needles, a task that no other country has been able to manage at the same speed. Because Hindustan Syringes & Medical Devices is a family business – meaning no shareholders – the production of these medical supplies is able to be done without any interferences; although, the operation is a frugal task for the business owner.
Read MoreThe Business Center for New Americans, a nonprofit that offers loans with a focus on immigrant-run businesses, is going above and beyond to make sure its lenders get through the COVID-19 economic crisis. They are offering tailored support on how to apply for Economic Injury Disaster Loans, sharing other grant and loan opportunities, and using its status part of the SBA’s Microloan Program to offer new loans.
Read MoreTo reduce landfill use and greenhouse gas emissions while feeding those in need, New York’s food donation program requires big businesses to donate edible food to places like food banks instead of throwing it out.
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