Sustainable Finance Influencers: Bob Helmuth


credit:

One of the world's biggest asset managers is taking a stand against climate changeby investing in some of the world's poorest countries.

Envestnet, which has more than $100 billion in assets under management, has teamed up with the Sustainable Investment Forum to invest in countries with some of the world's most vulnerable people, including the world's poorest regions, the New York Times reports.

Envestnet will invest in micro, small, and medium-sized companies in countries such as Democratic Republic of Congo, Mozambique, and Malawi that have some of the world's highest rates of poverty.

The company, which has a presence in more than a dozen countries, aims to break the cycle of poverty by helping people start and grow businesses.

"We fully vet them, we do due diligence and form relationships with institutions that identify recipients of the loans, and the loans enable people to start or grow businesses," Bob Helmuth, Envestnet's impact and development strategist, tells Equities.com.

"They use this money to break the cycle poverty, to ensure that their families are taken care of through the income that they make, and that, in turn, uplifts communities and populates the world."

The US SIF, which has

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Spokane Businesses Owned by People of Color Awarded New State Grant Funds

People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more

Press Release: Ok Arts Council Grants and Programs Offered for Fiscal Year 2025

The Oklahoma Arts Council has released its annual list of grant requests, and it's a doozy. This year's list includes a call for artists to "bring the arts to other statewide organizations," as...more

Sustainable Finance Influencers: Bob Helmuth

One of the world's biggest asset managers is taking a stand against climate changeby investing in some of the world's poorest countries. Envestnet, which has more than $100 billion in assets...more

3-N-1 Trinity Services Celebrates Local Entrepreneurs

When Aushalay Johnson started doing nails as a part-time job, she quickly fell in love. "I was like, I want to be an entrepreneur," the Texas woman tells the Tyler Morning News. "I had my...more

Tajikistan Drafts Bill on Social Entrepreneurship to Support Vulnerable Populations

Tajikistan's lower chamber of parliament has introduced a bill on social entrepreneurship, which is now under consideration. The proposed law defines social entrepreneurship as a business...more

Rotary Club of Hagerstown Foundation Awards Local Grants

The Rotary Club of Hagerstown has handed out $62,800 in grants to 25 charities in the Washington County area, reports the Herald-Mail. The grants were awarded at a June 19 lunch held by the club,...more

Thriving Health &Amp; Wellness Communities: Technogym and Live Work Learn Play Unite for ...

If you're in the market for a new place to live, Technogym has just the thing for you. The fitness equipment and technology company has announced a partnership with Live Work Learn Play, a real...more

Bits + Bytes: A Miscellany of Technology

Amazon plans to build a data center in Malaysia, Microsoft is investing in the country's new cloud and artificial intelligence infrastructure, and Malaysia Digital Economy Corporation (MDEC) is...more

Arthur Eze: His Business Legacies, Philanthropy, Lifestyle

When it comes to Africa's richest, it's a safe bet that Nigeria's Prince Arthur Eze is at the top of the list. The Ozoigbondu of Igboland, as he's known, is the founder and CEO of Atlas Oranto...more

Hill Top School Jamshedpur: Vivek Vidyalaya Crowned Champions of Inaugural Artwave

There's painting, there's drawing, and then there's this story out of Jamshedpur, India. Students from 23 schools took part in " ARTWAVE 2024," an inter-school art competition held in July, the...more





Here, five companies are marking their imprints to implement their corporate philanthropy goals. These companies are: Patagonia, Fuse Corps, Dow Corning, Warner Bros., and VeryNice.