Social Impact
Everyone’s dear old pal, Yelp, is here to help.
How will Yelp add in COVID compliance? crowdsourced through customer input
Will Yelp track only restaurants? Nope, Bars and other businesses too
Engadget | Yelp will tell you which restaurants aren’t following COVID-19 guidelines
Eater | Yelp Will Now Display How Well a Restaurant Is Observing COVID-19 Guidelines
When was the initiative announced? June 2020
What’s the goal of the initiative? help reduce barriers and opportunities for people of color across the country
What did Apple CEO Tim Cook say? We are all accountable to the urgent work of building a more just, more equitable world — and these new projects send a clear signal of Apple’s enduring commitment,”
What funding has been announced?
What about Apple’s diversity? 53% of new hires in the U.S. are from historically underrepresented groups in tech including women and people who identify as Black, Hispanic, Native American or Native Hawaiian & Other Pacific Islander
Where:Israel
How is the crowd funding for the social impact bond working?
What’s the social impact? To improve the life of 200 seniors in Televiv over 2.5 years to help with loneliness, quality of life and community
How does COVID factor in? COVID has exacerbated these challenges in the senior community
Pro Bono Australia | World first crowdfunded social impact bond launches
Who is focused on men’s sustainable fashion? Seasons, a men’s rental platform that launched in New York in 2019
How much did Seasons membership grow in 2020? 800%
How does the company say Seasons fits the new economy? “There can be an alternative to traditional ‘ownership,’ where you’re creating opportunities for people to be a part of something without committing to it.”
Is it expanding in 2021? Yes, it will link directly to fashion brands e-commerce sites for purchase
Vogue | This Men’s Rental App Is Rethinking Fashion’s Sharing Economy
The App: Cluster
How does Cluster work for brands?
How does Cluster work for creators?
What’s the short hand in all this? Helps amplify causes by using your digital networks
KLTA 5 | New platform ‘Cluster’ aims to promote positive social action
Meet Helping Hands Community, an app that connects volunteers to food banks and social service organizations.
What does Helping Hands Community offer? streamlines how food banks and social service organizations deliver food, medicine and other necessities to senior citizens and those who are immunocompromised
Who is delivering to those in need?
How is the app structured? It is a nonprofit platform is completely volunteer-run with about 150 people from companies such as Google, Apple and Amazon
The Bulletin | Bend man creates online platform for those in need during pandemic
It’s the perfect time:
What do most corporate boards look like? “male, pale and stale”
Deadline has a great overview of diversity on media corporate boards.
MIT Sloan School has identified the behavioral practices necessary for leading in the new economy.
What will leaders in 2021 need to be?
Where: Los Angeles based
Why now? “Companies and investors across all sectors of commercial real estate — and the financial institutions that fund them — pledged billions to close the racial wealth gap and work to undo the financial legacies of systemic racism. “
How will the funding work?
Bisnow | LA-Based Fund Aims To Raise $1B For Investments In Black And Brown Neighborhoods
Congressman Andy Levin (MI-9th) legislation looks to have retirement benefits, like in pensions, reflect an individual’s social and political values.
What would legislation require?
How are ESG portfolios performing? Generally outperform their counterparts
WDET | Congressman Andy Levin Introduces Legislation Aimed At Sustainable Investments
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