short news from ebbf members
Jasper Wegman recently visited Argentina to accompany the collaborators of the foundation Che Amigo which he founded 8 years ago.
USA - #ebbfjustice keynoter Jenna Nicholas on PBS news: What’s the financial case for divesting from fossil fuels?
Jenna Nicholas, who will keynote at ebbf’s annual conference in Barcelona, was interviewed on PBS News on this growing trend that is emerging, where large investment funds are moving their investments out of fossil fuels related companies and into the green economy:
You can read here key learnings from the recent pre-annual conference – ebbf meaningful hangout – online event she recently offered with Daryn Dodson, where we explored the theme of the keynote she will offer at ebbf’s annual conference: bringing justice to finance – the spiritual transformation of impact investing.
Mamie Ghogomu fulfilled her wish of dedicating a period of her life to full time volunteer service when in March of 2012, she stopped working for Ascende, as a Senior Associate Global Solutions Specialist, and moved to Haifa to volunteer as a recruiter in the Office of Personnel of the Bahá’i World Centre.
Karyne Hyde applied a very simple methodology at her workplace, to ensure the maintenance of unity in the department, inspired from her participation in the last ebbf London conference.
The spiritual transformation of impact investing - highlights from #ebbfjustice ebbf meaningful hangout
Daryn Dodson and Jenna Nicholas, two of the speakers who will enrich the #ebbfjustice ebbf annual event in Barcelona, offered an online video interaction on the topic of their talks. As we explore how to bring justice also to the area of finance we interacted on the topic of “The spiritual transformation of impact investing“. They bring many years of experience in working with or creating innovative financial impact investment solutions across continents e.g. Phoenix or working for some of the world leaders in this fields such as the Calvert Funds. Below a short summary showing some of the highlights from the online event.
Before opening the floor to a lively interaction, we first heard from Daryn and Jenna how they have seen a number of philanthropic and university foundations, personal wealth, faith-based institutions leading a shift of investment to better align their values with where they put their money.
Divest Invest is the new financial trend which is seeing the values-based individuals in those institutions, influencing the decisions of organizations and communities by divesting from funds and companies involved in carbon fossil fuel, polluting, arms creation and so on and instead investing in green energy or water purification or other similarly positive investments.
Spirituality is interestingly also at the heart of one of the oldest and definitely a pioneer of responsible investing, the Calvert Investments, with its founder Wayne Silby very much inspired by his Buddhist beliefs bringing a framework of justice to the world of investment.
Values-based individuals and organizations are now very actively using their wealth to influence, they are finding ways to make their money create a positive difference even when they are sleeping at night.
Daryn commented how an assignment from Ben&Jerry had him recently visit the West Bank seeing how a 100 person factory in Tel Aviv had many of its materials sourced in northern occupied territories and there he witnessed first hand about the conflict in the region. He also saw how business still goes on in these conflict areas and how people choose to bring values into the workplace by investing in companies on the other side of the border. He was specially struck, after seeing so many divisions and strife, when he ended up in Haifa and there he saw an incredible symbol of unity in the Baha’i Shrines and gardens there.