PRI

SURVEY: Middle-Income Americans’ Credit Card Usage, Debt on Rise

Retrieved on: 
Wednesday, July 12, 2023

The survey found that families say they are increasingly racking up credit card balances and debt.

Key Points: 
  • The survey found that families say they are increasingly racking up credit card balances and debt.
  • More than a third (36%) of respondents used their credit card more in the past year, up five percentage points compared to the June 2022 survey.
  • Similarly, a third (33%) noted their credit card debt increased over the past year, up four percentage points in the same time frame.
  • Middle-Income Financial Security Monitor
    Many find credit card debt difficult to manage.

Parallaxes Joins United Nations-Supported Principles for Responsible Investment

Retrieved on: 
Monday, July 10, 2023

NEW YORK, July 10, 2023 /PRNewswire/ -- Parallaxes Capital ("PC"), a leading alternative asset manager focused on Tax Receivable Agreements ("TRAs"), announced today that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).

Key Points: 
  • NEW YORK, July 10, 2023 /PRNewswire/ -- Parallaxes Capital ("PC"), a leading alternative asset manager focused on Tax Receivable Agreements ("TRAs"), announced today that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).
  • "Parallaxes Capital is committed to integrating ESG principles into our investment strategy," said Andy Lee, Founder and Chief Investment Officer of Parallaxes Capital.
  • "We are pleased to welcome Parallaxes Capital as a new signatory to the PRI," said David Atkin, CEO at the Principles for Responsible Investment.
  • PC joins more than 5,000 other organizations around the world that have publicly demonstrated their commitment to responsible investment.

Clearyst° Signs Carbon Removal Agreement with Lillianah Technologies

Retrieved on: 
Tuesday, June 27, 2023

AUSTIN, Texas, June 27, 2023 /PRNewswire/ -- Clearyst° , a solution-based sustainability tech company, announced today its participation in a two-year carbon removal agreement with Lillianah Technologies .

Key Points: 
  • AUSTIN, Texas, June 27, 2023 /PRNewswire/ -- Clearyst° , a solution-based sustainability tech company, announced today its participation in a two-year carbon removal agreement with Lillianah Technologies .
  • Under the agreement, Lillianah will capture and remove carbon in the form of carbon removal credits using its proprietary phytoplankton dispersal methodology.
  • This method of capture and removal is one of the best-understood and most cost-effective approaches to marine Carbon Dioxide Removal (mCDR), making it the highest-quality form of aquatic-based carbon capture which involves sinking biomass in already polluted regions.
  • Within its platform and advisory services, Clearyst° helps businesses calculate carbon removal needs and facilitates carbon removal agreements.

EmPRO Insurance Celebrates Two Years of Growth and Progress

Retrieved on: 
Thursday, June 22, 2023

EmPRO Insurance Company (“EmPRO” or “the Company”), a licensed medical professional liability insurance carrier serving physicians and healthcare facilities, marked its second-year writing business as the third largest admitted medical malpractice insurer in New York State.

Key Points: 
  • EmPRO Insurance Company (“EmPRO” or “the Company”), a licensed medical professional liability insurance carrier serving physicians and healthcare facilities, marked its second-year writing business as the third largest admitted medical malpractice insurer in New York State.
  • EmPRO, a wholly owned subsidiary of Physicians’ Reciprocal Insurers (“PRI”), was capitalized in 2020 with $100 million of surplus by its parent, PRI, while assuming all of PRI’s active New York business.
  • “This has been a very productive two years for EmPRO Insurance, and we’re just getting started,” said Bruce Shulan, President and CEO.
  • Responsive and prompt customer service—for physicians and brokers alike—has been the focus of continuous improvement at EmPRO.

New Brief: Cash-Based Support Would Empower Vulnerable to Buy Private Health Insurance, Create More Effective Safety Net

Retrieved on: 
Wednesday, June 21, 2023

"By providing cash-based support, we can empower the vulnerable to buy private insurance, expand access to care, improve efficiency and promote innovation benefitting all patients."

Key Points: 
  • "By providing cash-based support, we can empower the vulnerable to buy private insurance, expand access to care, improve efficiency and promote innovation benefitting all patients."
  • "Establishing an Efficient Healthcare Safety Net" documents that Medicaid, which is supposed to provide access to quality healthcare regardless of income, is failing to serve its purpose.
  • Compared to private insurance, Medicaid provides patients with low quality care, underpays providers, and imposes massive taxpayer costs.
  • Winegarden argues that unless Medicaid provides superior healthcare compared to private coverage, it is more efficient to replace the program with a cash-based system enabling people to purchase private health insurance.

KBRA Joins ESG Integrated Disclosure Project’s Executive Committee

Retrieved on: 
Thursday, June 15, 2023

KBRA is pleased to announce that Pat Welch, Chief ESG and Ratings Policy Officer, will represent KBRA on the ESG Integrated Disclosure Project’s (ESG IDP) Executive Committee.

Key Points: 
  • KBRA is pleased to announce that Pat Welch, Chief ESG and Ratings Policy Officer, will represent KBRA on the ESG Integrated Disclosure Project’s (ESG IDP) Executive Committee.
  • ESG IDP’s goal is to promote greater harmonization and accountability in the disclosure and reporting of key ESG indicators within private credit markets.
  • KBRA has been heavily focused on facilitating better quality and more consistent ESG disclosures, and the ESG IDP is a very important step to enhancing this data in the private credit and syndicated loan space.
  • The ESG IDP is also supported by a coalition of market stakeholders including CDP, the ESG Data Convergence Initiative, and the Loan Market Association.

FLASH GLOBAL RECEIVES ISO 9001:2015 CERTIFICATION TO PRI STANDARDS

Retrieved on: 
Tuesday, June 13, 2023

PARSIPPANY, N.J., June 13, 2023 /PRNewswire/ -- Flash Global, an international service supply chain solutions provider specializing in post-sales service solutions, announces it has received ISO 9001:2015 certification.

Key Points: 
  • PARSIPPANY, N.J., June 13, 2023 /PRNewswire/ -- Flash Global, an international service supply chain solutions provider specializing in post-sales service solutions , announces it has received ISO 9001:2015 certification.
  • This certification also signifies Flash is quality and customer-focused and their processes are best practice based, as per the exacting standards of the ISO specification.
  • "Flash Global has demonstrated its commitment to world class quality by implementing and becoming certified to the ISO 9100:2015 standard.
  • "PRI Registrar is proud to partner with Flash Global in this accomplishment and look forward to continued support of their quality excellence."

State Will Fall 21.1 Percent Short of Power Needed to Meet 2045 EV Mandate, Finds New PRI Report

Retrieved on: 
Thursday, June 8, 2023

"These policies jeopardize California's energy security and, without a miracle leap in technology, set us up for future energy shortages."

Key Points: 
  • "These policies jeopardize California's energy security and, without a miracle leap in technology, set us up for future energy shortages."
  • Newsom signed an executive order requiring all new passenger cars and light trucks sold in California to be zero-emission vehicles by 2035.
  • "Sapping California's Energy Future" explores how implementing the EV mandate, combined with other state green mandates, will create avoidable energy shortages.
  • Including hydroelectric power that does not count as renewable power, two-thirds of state power today comes from disfavored sources.

ZCG Becomes Signatory to United Nations-Supported Principles for Responsible Investment

Retrieved on: 
Tuesday, May 30, 2023

(“ZCG”), a leading private markets asset manager, today announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment (“PRI”).

Key Points: 
  • (“ZCG”), a leading private markets asset manager, today announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment (“PRI”).
  • We are proud to become a PRI signatory,” said James Zenni, Founder, President, and Chief Executive Officer of ZCG.
  • The proliferation of responsible investment practices throughout private markets is a burgeoning trend, and a key one for the industry at large,” said David Atkin, Chief Executive Officer at the Principles for Responsible Investment.
  • ZCG intends to explore opportunities to join additional initiatives that promote responsible investing, environmental stewardship, social equity, and good governance.

The Westly Group Releases Third ESG Commitments and Report

Retrieved on: 
Wednesday, May 24, 2023

The Westly Group , one of the world’s leading sustainability-focused venture capital firms, has issued its 2022 Annual ESG Report .

Key Points: 
  • The Westly Group , one of the world’s leading sustainability-focused venture capital firms, has issued its 2022 Annual ESG Report .
  • This year’s report includes expanded ESG data from The Westly Group’s portfolio companies as well as an overview of the diversity initiatives that the company is leading.
  • The Westly Group will use this data to drive board-level discussions on material ESG metrics for all of our portfolio companies.” – Steve Westly, Founding & Managing Partner
    The Westly Group has established partnerships with leading groups helping to standardize ESG frameworks for VC.
  • The Westly Group has also joined the Venture Climate Alliance , which calls for the fund’s operational emissions and our portfolio companies.