United States

Sustainable, responsible and impact investing (SRI) assets have expanded 76 percent in two years, from $3.74 trillion at the start of 2012 to $6.57 trillion at the start of 2014, according to the US SIF Foundation’s latest biennial survey, the Report on US Sustainable, Responsible and Impact Investing Trends 2014.

As a result, assets managed with SRI strategies now account for more than $1 out of every $6 under professional management in the United States.

As part of its “Celebration of Service” initiative to honor U.S. military veterans, The Home Depot Foundation announced $1 million in grants to human service charity Volunteers of America to address the critical need for housing and services for U.S. military veterans.

Grants announced include $750,000 for 11 Volunteers of America homeless veterans programs in 10 cities. These grants will be used to build or refurbish transitional housing for 242 veterans, and to provide eight single-family homes for lease or lease-purchase by veterans with families.

Starbucks Corp. CEO Howard Schultz, decrying a lack of leadership in Washington, said his chain of coffee shops is helping to launch a nationwide fund designed to stimulate U.S. job creation.

Starbucks introduced on Monday the "Create Jobs for USA" fund in partnership with Opportunity Finance Network (OFN), a group of private financial institutions that provide affordable loans to low-income people and communities.

More Blogs