New York state public-benefit corporations

New Survey Finds Two-Thirds of Young Women 18-30 Feel Financially Insecure

Retrieved on: 
Tuesday, March 29, 2022

WELLESLEY, Mass., March 29, 2022 /PRNewswire/ -- Sixty-one percent of young women say they are not doing well in the economy right now, with nearly one in three (29%) saying they are not doing well at all. They are facing financial anxiety, stress about finding well-paying jobs, and concern about balancing their careers and personal life in the future.

Key Points: 
  • Sixty-one percent of young women say they are not doing well in economy right now, facing financial anxiety and stress.
  • "The COVID-19 pandemic caused young women to suffer disproportionate job losses, especially Black and Hispanic women," said Paula A. Johnson , president of Wellesley College.
  • Young women are unified in wanting employers to provide respect to all employees and a good wage/salary, ranking them as their top two.
  • Wellesley College is a leader in providing an outstanding liberal arts education for women who will make a difference in the world.

Generate Capital Promotes Darryl Carbonaro to General Counsel; Hires Lisa Schule as Managing Director for Corporate Equity Investments

Retrieved on: 
Tuesday, March 15, 2022

Generate Capital, a leading sustainable infrastructure investment and operating platform, today announced that Darryl Carbonaro has been promoted to General Counsel.

Key Points: 
  • Generate Capital, a leading sustainable infrastructure investment and operating platform, today announced that Darryl Carbonaro has been promoted to General Counsel.
  • Generate also announced it has hired Lisa Schule as a Managing Director on the investment team.
  • View the full release here: https://www.businesswire.com/news/home/20220315005481/en/
    Generate Capital Promotes Darryl Carbonaro to General Counsel; Hires Lisa Schule as Managing Director for Corporate Equity Investments (Graphic: Business Wire)
    Mr. Carbonaro has served as Head of Legal for Generate since 2017, establishing and growing the companys in-house legal operations.
  • Lisa Schule brings decades of private equity investment experience in sustainability growth companies to Generate.

STELLAR CLOSES $7M IN FUNDING TO OVERHAUL THE AMERICAN CREDIT SYSTEM

Retrieved on: 
Monday, March 14, 2022

AUSTIN, Texas, March 14, 2022 /PRNewswire/ -- Stellar, on a mission to provide unprecedented access to credit-building and financial tools to underserved communities, attracted key investors to close an oversubscribed $7M initial funding round.

Key Points: 
  • "We created Stellar to provide credit access to the 132 million Americans who currently have poor credit or no credit," says Stellar Founder and CEO, Lamine Zarrad.
  • "That's in large part because traditionally, credit scores are made up of a person's payment history on loans and credit cards.
  • Stellar was founded with the understanding that for many, having a healthy credit score is key to gaining financial independence.
  • Stellar empowers users to dramatically increase their credit scores using their everyday bills and payments such as rent and utilities, which Stellar reports directly to the three main credit bureaus.

Warby Parker Partners With Eastman to Launch New Demo Lens Molecular Recycling Program

Retrieved on: 
Friday, March 11, 2022

Warby Parker , the eyewear brand with a mission to inspire and impact the world with vision, purpose, and style, today announced a new partnership with Eastman to pioneer a first-of-its-kind demo lens molecular recycling program.

Key Points: 
  • Warby Parker , the eyewear brand with a mission to inspire and impact the world with vision, purpose, and style, today announced a new partnership with Eastman to pioneer a first-of-its-kind demo lens molecular recycling program.
  • From day one, Warby Parker has set out to find innovative solutions to everyday problemsand along the way, weve taken a stakeholder-centric approach.
  • The demo lens to Acetate Renew breakthrough is the first of what we expect to be many examples of Eastman customers leveraging our molecular recycling technologies to divert material from landfill and lower carbon emissions.
  • To date, Warby Parker has worked alongside its nonprofit partners to distribute more than 10 million glasses to people in need.

The Vita Coco Company Proudly Announces B Corp Certification

Retrieved on: 
Tuesday, March 8, 2022

The certification comes less than a year after The Vita Coco Company incorporated as a Public Benefit Corporation (PBC).

Key Points: 
  • The certification comes less than a year after The Vita Coco Company incorporated as a Public Benefit Corporation (PBC).
  • The B Corp verification process administered by the nonprofit, B Lab, measures a companys social and environmental performance.
  • Through the Vita Coco Project, the Vita Coco Company has built over 30 classrooms, distributed more than 25,000 coconut seedlings to smallholder farms, and increased grower incomes by over 260% in the Philippines and Sri Lanka.
  • The Vita Coco Company is joining a network of 4,000 B Corps in 70 countries and 150 industries worldwide.

Chevron to Seek Project Canary Certification of Select North American Upstream Assets

Retrieved on: 
Wednesday, February 23, 2022

Chevron Corporation (NYSE: CVX) announced today a pilot project with Project Canary to independently certify operational and environmental performance in the companys North American upstream region.

Key Points: 
  • Chevron Corporation (NYSE: CVX) announced today a pilot project with Project Canary to independently certify operational and environmental performance in the companys North American upstream region.
  • Chevron will also deploy Canary X continuous, pad-level methane emissions monitoring units at select locations.
  • Operators who earn top rankings are determined by Project Canary to utilize the highest standards and practices across their operations.
  • Analyzing more than 600 operational data points, TrustWell by Project Canary is the most comprehensive well-pad and mid-stream certification program available.

PadSplit and Esusu partnership has led to 95% of PadSplit residents improving their credit scores

Retrieved on: 
Wednesday, February 23, 2022

Through PadSplit's partnership with Esusu, the company reports all on-time payments to credit bureaus and offers rapid rent relief in the form of 0% interest loans.

Key Points: 
  • Through PadSplit's partnership with Esusu, the company reports all on-time payments to credit bureaus and offers rapid rent relief in the form of 0% interest loans.
  • The partnership of PadSplit's inclusive affordable housing solution, coupled with Esusu's rent reporting platform, has led to 95 percent of PadSplit residents improving their credit scores.
  • In addition to improving residents' credit scores, PadSplit and Esusu:
    Provided over 100 PadSplit residents with more than $79,000 in rapid, 0% interest micro-loans
    Through Esusu's Rent Relief Program, PadSplit members can apply for access to 0% interest loans to cover up to two months of rent, if experiencing financial distress.
  • Esusu's rent reporting platform captures rental payment data and reports it to credit bureaus to boost credit scores.

Boulder Creative Agency Vermilion Transitions Ownership to Internal Leadership Team

Retrieved on: 
Wednesday, February 16, 2022

BOULDER, Colo., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Boulder creative agency Vermilion begins an important new chapter as it transitions ownership from local icon and community philanthropist Bob Morehouse to Vermilion's long-standing leadership team Susan Touchette Aust, Thaddeus Napp and Sarah Halle for an undisclosed amount.

Key Points: 
  • BOULDER, Colo., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Boulder creative agency Vermilion begins an important new chapter as it transitions ownership from local icon and community philanthropist Bob Morehouse to Vermilion's long-standing leadership team Susan Touchette Aust, Thaddeus Napp and Sarah Halle for an undisclosed amount.
  • Napp becomes Partner, Strategy after 12 years at Vermilion and will continue to lead strategy and positioning for the agency.
  • Halle has been Creative Director at Vermilion since 2019 and is named Partner, Creative.
  • Vermilion is a full-service, creative agency based in Boulder, Colorado, that provides distinctive and effective solutions exclusively to organizations that make a positive impact.

Project Canary Charges Forward Into Next Phase of Growth by Adding to Executive Team

Retrieved on: 
Thursday, January 20, 2022

Miles Tolbert, General Counsel, represents an important step in advancing Project Canary's organizational growth and policy strategies.

Key Points: 
  • Miles Tolbert, General Counsel, represents an important step in advancing Project Canary's organizational growth and policy strategies.
  • Before joining Project Canary, Mr. Romer served as the Chief Executive Officer of Foundation Infrastructure Opportunities, driving impact investing of essential assets that underpin economic growth.
  • "Project Canary is working to transform the future of emissions-intensive industries and, in turn, the planet," said Mr. Tolbert.
  • "The growth of our team is keeping pace with the growth of this market, and we're excited to continue on this trajectory."

PadSplit sees explosive growth for its co-living model in 2021

Retrieved on: 
Thursday, January 13, 2022

PadSplit also expanded into seven new markets in 2021 including Houston, Richmond, Tampa, New Orleans, Indianapolis, Dallas, and Jacksonville.

Key Points: 
  • PadSplit also expanded into seven new markets in 2021 including Houston, Richmond, Tampa, New Orleans, Indianapolis, Dallas, and Jacksonville.
  • Founded in 2017, PadSplit is a Public Benefit Corporation with a mission of opening doors to new opportunities, one room at a time.
  • At the same time, PadSplit increased net operating income by 2X for property owners, spurring them to open more PadSplit units.
  • For more information about PadSplit, or to find out how you can become a resident or a host, visit https://PadSplit.com .