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Tag: impact

MBA students face off in challenge to create the next best idea in impact investing

MBA students face off in challenge to create the next best idea in impact investing

Finance
A team of five graduate business students from the University of Vermont traveled to Philadelphia this week to put an impact investing project they have been working on to the test.The trip, which coincided with finals, was a success.The students — Maura Kalil, Emily Klein, Andrew Mallory, Peter Seltzer and Alyssa Stankiewicz — took the top prize in the Total Impact Portfolio Challenge. The competition was put together by Bank of America, the University of Pennsylvania's Wharton Social Impact Initiative, and the Good Capital Project.Winners of the Total Impact Portfolio Challenge, from left: University of Vermont graduate students Andrew Mallory, Emily Klein, Alyssa Stankiewicz, Maura Kalil and Peter Seltzer.Chris KendigThe competition pitted 26 teams of graduate student teams from 19 scho
Human impact on drought dates back 100 years, NASA study says

Human impact on drought dates back 100 years, NASA study says

Science
May 2 (UPI) -- The human impact on today's environment may have been happening a lot earlier than some people think. Humans have been creating atmospheric particles and greenhouse gases that contributed to worldwide droughts since the early 20th century, according to a study published Wednesday in Nature. The researchers measured soil moisture using a Palmer Drought Severity Index and drought atlas calculated by tree rings. The atlases could estimate when and where droughts occurred. "If you look at the fingerprint, you can say, 'Is it getting dry in the areas it should be getting drier? Is it getting wetter in the areas it should be getting wetter?'" said Kate Marvel, an associate research scientist at Columbia University and study lead author, in a news release. "It's climate detective...
Asteroid impact exercise offers practice for NASA, ESA scientists and engineers

Asteroid impact exercise offers practice for NASA, ESA scientists and engineers

Science
May 1 (UPI) -- Scientists and engineers from NASA and the European Space Agency, as well as other federal officials and policy makers, are participating in a hypothetical asteroid impact scenario this week. The week-long exercise started on Monday, and while many of the hard decisions have already been made, the scenario will continue to play out on Thursday and Friday. "Every day you'll learn how the hypothetical scenario is playing out," JoAnna Wendel, a science writer with NASA's Planetary Science Division, told UPI. "We're jumping forward into the future to see how the decisions affect the outcome." The exercise is part of the 2019 IAA Planetary Defense Conference, held this week in College Park, Md. "The way that these work is we have a team that creates a fictitious scenario," sai...
Lloyds profit flat as it warns on Brexit impact

Lloyds profit flat as it warns on Brexit impact

Business
By John-Paul Ford Rojas, business reporter Lloyds Banking Group has reported flat profits for the start of the year as it swallowed £565m in one-off costs and warned Brexit could take a further toll on the UK economy.Britain's biggest mortgage lender said it made a pre-tax profit of £1.6bn for the first quarter, little changed on a year ago. The group, which owns Lloyds Bank as well as Halifax Bank of Scotland, said the size of its loan book shrank 1%, including a £4.9bn decline in overall home loans assets. Image: Chief executive Antonio Horta-Osorio warned Brexit uncertainty could have a further impact However, there were improvements for car finance and small business lending.Shares fell 2% in early tr
Here’s how to track how well your impact investments are performing

Here’s how to track how well your impact investments are performing

Finance
You want to make money on your investments and put your money to work to do good in the world at the same time. But you don't want to get taken for a ride. Enter the new world of sustainability ratings, which allow you to track how well the impact investments stack up when it comes to their stated goals. More investors are turning to socially responsible investing — SRI — or environmental, social and governance-focused — ESG — funds. The total assets under management in s