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New Resource Bank
New Resource Bank is a San Francisco, California-based bank which is a part of Amalgamated Bank. The bank is insured by the Federal Deposit Insurance Corporation and offers commercial loan and deposit products, specializing in renewable and alternative energy, green building, organic food, and green products and services. It also offers personal banking accounts. New Resource's lending decisions factor in a sustainability measurement. The bank's goal is a loan portfolio invested 100 percent in businesses that are advancing sustainability. All new loan recipients must be green businesses or committed to improving their operational sustainability and managing their impact on society and the environment. New Resource is a founding member of the Global Alliance for Banking on Values, a Green America certified business, and a San Francisco certified Green Business. Vince Siciliano, the current CEO of New Resource Bank, is also an advisory board member of the American Sustainable Bus ...
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Financial Services
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-fina ...
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Triodos Bank
Triodos Bank N.V. is an ethical bank based in the Netherlands with branches in Belgium, Germany, United Kingdom and Spain. It was founded in 1980. Triodos Bank finances companies which it believes add cultural value and benefit to both people and the environment. That includes companies in the fields of solar energy, organic farming or culture. As of 2021, Triodos Bank has over 750,000 customers worldwide. History The name Triodos is derived from the Greek "τρὶ ὁδος - tri hodos," meaning "three roads" (people, planet, profit). The bank was initially founded as an anthroposophical initiative with a mission to realise and promote quality of life in the broadest sense, not just here and now but over the long-term and from a global perspective. In 1980 Triodos launched the first "green fund", a fund for environmentally friendly projects, on the Amsterdam Stock Exchange. Friends of the Earth in the Netherlands claims that transferring 10,000 euros in savings from a "cl ...
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Benefit Corporations
In the United States, a benefit corporation (or in several jurisdictions including Delaware, a public-benefit corporation or PBC) is a type of for-profit corporate entity, authorized by 35 U.S. states and the District of Columbia, that includes positive impact on society, workers, the community and the environment in addition to profit as its legally defined goals, in that the definition of "best interest of the corporation" is specified to include those impacts. Laws concerning conventional corporations (referred to as "C corporations" by the IRS) typically do not specify the definition of "best interest of the corporation", which has led to the interpretation that increasing shareholder value (profits and/or share price) is the only overarching or compelling interest of a corporation. Benefit corporations may not differ much from traditional C corporations. A C corporation may change to a B corporation merely by stating in its approved corporate bylaws that it is a benefit c ...
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Banks Based In California
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Fast Company (magazine)
''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year. History ''Fast Company'' was launched in November 1995 by Alan Webber and Bill Taylor, two former ''Harvard Business Review'' editors, and publisher Mortimer Zuckerman. The publication's early competitors included ''Red Herring'', '' Business 2.0'' and ''The Industry Standard''. In 1997, ''Fast Company'' created an online social network, the "Company of Friends" which spawned a number of groups that began meeting. At one point the Company of Friends had over 40,000 members in 120 cities, although by 2003 that number had declined to 8,000. In 2000, Zuckerman sold ''Fast Company'' to Gruner + Jahr, majority owned by media giant Bertelsmann, for $550 million. Just as the sale was completed, the dot-com bubble burst, leading to significant losses and a decline in circulation. Webber and Taylor left the ...
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Occupy Wall Street
Occupy Wall Street (OWS) was a protest movement against economic inequality and the influence of money in politics that began in Zuccotti Park, located in New York City's Wall Street financial district, in September 2011. It gave rise to the wider Occupy movement in the United States and other countries. The Canadian anti-consumerist magazine Adbusters initiated the call for a protest. The main issues raised by Occupy Wall Street were social and economic inequality, greed, corruption and the undue influence of corporations on government—particularly from the financial services sector. The OWS slogan, "We are the 99%", refers to income and wealth inequality in the U.S. between the wealthiest 1% and the rest of the population. To achieve their goals, protesters acted on consensus-based decisions made in general assemblies which emphasized redress through direct action over the petitioning to authorities. The protesters were forced out of Zuccotti Park on November 15, 201 ...
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B Lab
B, or b, is the second letter of the Latin-script alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''bee'' (pronounced ), plural ''bees''. It represents the voiced bilabial stop in many languages, including English. In some other languages, it is used to represent other bilabial consonants. History Old English was originally written in runes, whose equivalent letter was beorc , meaning "birch". Beorc dates to at least the 2nd-century Elder Futhark, which is now thought to have derived from the Old Italic alphabets' either directly or via Latin . The uncial and half-uncial introduced by the Gregorian and Irish missions gradually developed into the Insular scripts' . These Old English Latin alphabets supplanted the earlier runes, whose use was fully banned under King Canute in the early 11th century. The Norman Conquest popularised the Carolingian half-uncial forms which ...
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B Corporation (certification)
In business, B Corporation (also B Lab or B Corp) is a private certification of for-profit companies of their " social and environmental performance." It is distinct from the legal designation as a benefit corporation. B Corp certification is conferred by B Lab, a global nonprofit organization with offices in the United States, Europe, Canada, Australia and New Zealand, and a partnership in Latin America with Sistema B. To be granted and to maintain certification, companies must receive a minimum score of 80 from an assessment of "social and environmental performance", integrate B Corp commitments to stakeholders into company governing documents, and pay an annual fee based on annual sales. Companies must re-certify every three years to retain B Corporation status. , there are 5,697 certified B Corporations across 158 industries in 85 countries. Purpose B Lab certification is a third-party standard requiring companies to meet social sustainability and environmental per ...
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Generation Investment Management
Generation Investment Management LLP (Generation IM) is a financial services and investment management firm founded in 2004. It was co-founded by former US Vice President Al Gore and Goldman Sachs' Asset Management head David Blood, with a stated emphasis on sustainable investment options for their mutual funds and other investments. Generation has offices in London and San Francisco, and employed 87 people in 2017. Generation Investment Management LLP is authorized and regulated by the Financial Conduct Authority in the UK. The firm's advisory board, chaired by Gore, meets twice a year. Generation has built a global research platform to integrate sustainability research into fundamental equity analysis. History Generation was founded in April 2004 by a group of seven founding partners led by Al Gore and David Blood. The firm began investing client money in April 2005. Its goal was integrating the disciplines of finance and sustainability. The firm places environmental and ...
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RSF Social Finance
RSF may refer to: Entertainment and sports * Rainbow Serpent Festival, an arts, music and lifestyle festival in Victoria, Australia * Referee stopped fight, in boxing * Right Said Fred, British music band * Royal straight flush, a hand in poker * RSF, a French synthesizer manufacturer. See RSF Kobol for an example. * Russian Ski Federation Military * Republican Security Forces, a fictional fascist militia in the British science fiction series ''Doctor Who'' * Rhodesian Security Forces * Royal Scots Fusiliers * Rapid Support Forces Organizations * Religious Society of Friends, the Quakers * Reporters Sans Frontières; see: Reporters Without Borders * Republican Sinn Féin, a small political party in Ireland * Road Safety Foundation in the UK and Ireland * Russell Sage Foundation, a philanthropic foundation and publisher * Russian Socialist Federation of the Socialist Party of America Science and technology *Resource selection function, in ecology Other uses * R ...
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Worldchanging
Worldchanging was a nonprofit online publisher that operated from 2003 to 2010. Its strapline was ''A bright green future''. It published newsletters and books about sustainability, bright green environmentalism, futurism and social innovation. History Worldchanging was launched in October 2003 in San Francisco by Alex Steffen, Jamais Cascio, and a core of initial contributors. In 2005, Worldchanging moved its offices to Seattle, Washington. In early 2006, Cascio left to form the website Open the Future. From 2005–2010, Worldchanging was headquartered in Seattle with Alex Steffen as executive editor and editorial lead, Julia Levitt and Amanda Reed as managing editors, and several contributing editors including Jeremy Faludi and Sarah Rich. It relied extensively on an international network of writers and correspondents. Worldchanging was overseen by a board of directors, led by Worldchanging's chairman, the environmental photographer Edward Burtynsky until May 2010. Worldc ...
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San Francisco, California
San Francisco (; Spanish for "Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and ''Baghdad by the Bay''. San Francisco and the surrounding San Francisco Bay Area are a global center of economic activity and the arts and sciences, spurred ...
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