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  • Would You Eat Food Waste To Help Tackle The Climate Crisis? These Companies Are Betting On It.

    Companies around the world are investing in “food upcycling,” which involves turning food waste that would usually end up in a landfill into new edible products. In 2019, member companies of the Upcycled Food Association — which includes pet food, juice, and snack brands — helped prevent 8 million pounds of food waste. Though scaling these operations can be difficult, the food upcycling sector was worth $46.7 billion in 2019 and is expected to grow.

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  • Investors Want to Align Their Dollars with Racial Justice Demands

    Investors are using their clout to call for racial justice through the investment consulting firm Activest. The firm is attracting millions of dollars from companies that want to make fiscal justice investments. In a bid to use investments to fuel the grassroots criminal justice movement, Activest is alerting municipal bond investors when the city of Chicago uses those bonds for police brutality settlements. Activest has lined up $100 million from investors who want to make fiscal justice investments through municipal bonds which would then allow them to have a say over how it is, or is not, spent.

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  • Bitcoin Miner Is Scoring 700% Profits Selling Energy to Grid

    A cryptocurrency mining company in Texas called Layer1 can power down its data-processing centers and sell its unused electricity back to the power grid. Instead of passively consuming energy, they are able to utilize batteries, smart meters, and artificial intelligence software to use more renewable energy and, at the same time, make a profit. While scaling this response can be difficult due to restrictions from utility companies on how consumers get their energy, Layer1 estimates it will save up to $6.7 million annually by cutting production for 30 minutes during some of the hottest days in the summer.

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  • How investor pressure prompted oil majors to wake up to climate change

    Due to pressure from shareholders and asset managers to invest sustainably, there has been a rapid growth in environmental, social, and government investing. Assets in sustainable mutual funds globally reached $1 trillion in the second quarter of 2020 and fund managers rolled out 107 new sustainable funds in Europe. Despite this increase in interest, shareholders continue to grapple with balancing sustainable considerations with investment decisions.

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  • How #HireBlack Is Helping 10,000 Black Women Get Trained, Hired, And Promoted

    A social media post transformed into an initiative to help companies in their search for Black talent. #HireBlack provides a community space where Black women can receive help with their job search, resumes, salary negotiations, and networking while tapping into the recent corporate effort of hiring and retaining Black talent. Over 150 Black women have received coaching and over 1,000 women have been provided with resume help. The objective is to help 10,000 Black women reach their professional goals.

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  • Could carbon-removal tech make travel more sustainable?

    Climeworks, a Swiss start-up, is using technology to suck carbon out of the air and turning it into stone, essentially cutting greenhouse gas emissions from the atmosphere permanently. Their plant in Iceland is able to turn 50 tonnes of carbon to stone per year. While that amount of carbon won’t solve the climate crisis, they are expanding their work to other countries and are launching a personal carbon removal subscription service as a way for the travel industry to help offset the carbon that they emit each year.

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  • How sports institutions have overhauled their images in the past

    Renaming the Washington Redskins to remove a racist name and logo will require a difficult and delicate process juggling a host of issues that other professional and college sports franchises have successfully navigated in the past. Often a years-long process, rebranding involves choosing a name and color scheme that replace the harmful imagery with a positive name that passes trademark tests, wins fan support, maintains brand equity and continuity built over decades, and can be reduced to a simple logo that looks good on helmets and in all media, from TV screens to smartphones.

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  • Can direct air capture make a real impact on climate change?

    Climeworks is focusing on pulling carbon dioxide directly out of the air to store or reuse in some capacity as a way to lower global greenhouse gas emissions. The Swiss company has 16 plants around Europe, with their biggest one in Switzerland that removes 900 tons of carbon dioxide a year that is then sold to Coca-Cola Co. to put in soft drinks or to local industrial greenhouses for plant growth. Scaling the operations to capture more carbon is costly, but the startup recently raised $76 million from investors.

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  • Why Japan's Jobless Rate Is Just 2.6% While the U.S.'s Has Soared

    Japan's unemployment has barely grown during the COVID-19 crisis, thanks in large part to a business culture that prizes employees' interests over short-term profits. Much of the country's economy remained open in the pandemic's early months. But the jobless picture was aided even more by policies based on a tradeoff between ordinarily high demands on workers in return for job security. The same policies have produced a tight job market that can make companies risk averse in their hiring. But the net effect during the crisis has been much less economic pain inflicted on workers.

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  • Martha Is Eliminating Tipping. What Does That Mean?

    The elimination of tipping has allowed one Philadelphia bar to give their employees health insurance and ensure an equal distribution of income amongst all employees. Typically servers in the front of house make much more in tips than those working in the kitchen. The owners of Martha are instituting a 20 percent service fee in lieu of optional tipping, providing a more stable source of income for all employees.

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