Inspirational News StoriesExcerpts of Key Inspirational News Stories in Major Media
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Companies that enforce employee-centric and customer-centric cultures are likely to see better financial gains than their competitors, Just Capital's Dan Hesse told CNBC on Wednesday. "What we've seen from a financial performance point of view is that you have [a] higher return on equity of these companies that do good things," Hesse, the former CEO of Sprint, told "Mad Money" host Jim Cramer. Just Capital, a private, non-profit research firm, recently conducted a survey of 72,000 individuals across the United States. On Tuesday, Just Capital and Forbes released a ranking of the top 100 most "just" U.S. companies based on the results. Many leading technology companies landed high in the ranks, with Intel, Texas Instruments and Nvidia taking the top three spots. But one of the most sweeping commonalities was how consumers felt about tax reform, Hesse said. While investors might get excited about the potential for share buybacks and dividend increases if corporate tax reform is passed, consumers couldn't be less thrilled about it, Hesse said. "If there's one overall theme in the data, it's that they believe companies are focused too much on just shareholders versus all the other stakeholders," he told Cramer. "They'll say shareholders, yes, important, but your employees are No. 1 and your customers are No. 2," Hesse continued. "So are the communities, the environment, a lot of other stakeholders. So they will want to see companies take this money and invest in their employees and in some of these other areas."
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One of the world’s most important financial and development institutions, the World Bank Group (WBG), is to stop financing oil and gas exploration, in a bid to help combat climate change. After 2019, the WBG – which includes the World Bank and three other institutions – will stop investing in upstream oil and gas, it announced at the One Planet Summit in Paris on Wednesday. The summit was hosted by French president Emmanuel Macron, with 164 world leaders, government members, business leaders and prominent figures joining him. This move marks a major change in strategy for the the WBG, which has historically sought to support extraction of natural resources. The World Bank currently holds $961m (Ł722m) of guarantee operations, set up to support private sector investments in gas and oil explorations. Upstream oil and gas constitute 2pc of the WBG portfolio. Across the World Bank Group institutions, the total portfolio is worth around $280bn. This comes as the WBG signed a $1.15bn loan with the Government of Egypt aimed at reducing fossil fuel subsidies and encouraging low-carbon energy investment. “Everyday, climate change becomes a more urgent economic, social, and existential threat to all countries and all people,” WBG president, Jim Yong Kim, said. This change in approach was to ensure “alignment of our support to countries to meet their Paris goals,” he added.
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About 20 companies including Unilever, EDF and Iberdrola joined an international alliance of 26 nations on Tuesday pledging to phase out coal to combat global warming. At a climate summit hosted by French President Emmanuel Macron in Paris, new members of the "Powering Past Coal Alliance" agreed that traditional coal power should be phased out by 2030 in rich nations and by 2050 in other parts of the world. Nations including Sweden, Ethiopia and Latvia, as well as the U.S. state of California, also joined the alliance as part of commitments under the 195-nation Paris climate agreement reached on December 12 two years ago. The coal phase-out plan, launched last month by about 20 governments, widened on Tuesday to companies also including BT, Engie, Kering, Diageo, Marks & Spencer, Orsted, Storebrand and Virgin Group. The companies committed to setting targets to end the use of traditional coal from the power sector, both for consumption and in generating electricity. Founder members of the alliance, launched at U.N. climate negotiations in Germany, include Britain, France, Canada, Mexico, New Zealand, Costa Rica and the Marshall Islands. A declaration said that coal-fired power plants produce almost 40 percent of global electricity. Most of the countries in the alliance are already cutting their use of coal.
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Thursday 16th November marked the 7th Annual Lovie Awards. This year, Livia Firth was the winner of the Emerging Entrepreneur Award for her fight for sustainable fashion as the founder and creative director of Eco-Age. Livia founded Eco-Age in 2009 as a brand consultancy providing sustainability strategies and communication tools to fashion brands. Their modus operandi is to demystify the supply chain so that brands can be sure they are working with suppliers and manufacturers that guarantee responsible sourcing and production of materials and ethical labour practices. She and her team work with several brands to help them become sustainable and conscious as part of their core operations and values – not as a token ‘project’ seeking to gain sustainability credentials. Livia points to a tactic of some large, fast-fashion brands, of producing a product or small number of products ‘sustainably’, that are then heavily promoted in an attempt to create a cleaner, greener brand image, which she dismisses as “bullshit green-washing”, to divert attention from the dirty fashion practices continuing throughout the supply chain in those brands. Eco-Age refuses to conduct business with fast-fashion businesses due to the ethical crimes being committed and their failure to provide a living wage. She comments that being awarded a Lovie is recognition of her engagement with the public ... to inform, educate and enlighten consumers.
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Crowdfunding has been used to finance films, board games, classical music, scientific research and infertility treatments. Add this to the list of things bought with collective purchasing power: A chateau in the French countryside, complete with moat. The platform used to raise the funds announced on Friday that the castle had been purchased by milliers d'internautes – that is, thousands of Internet users, who each paid at least 50 euros (about $60) to "adopt" the chateau and help restore it. In just 40 days, the site raised the 500,000 euros it needed to buy it. "It's done, it's historic!" [the announcement] said. "The Château de la Mothe-Chandeniers now belongs to thousands of Internet users. Through this collective purchase, we believe in the preservation and development of the heritage of tomorrow and prove that civic strength is always the greatest." The chateau dates to the 13th century, and it was looted and abandoned during the French Revolution. In 1809, a rich Parisian entrepreneur bought and restored it. In March 1932, a fire broke out, destroying the roof and causing the chateau to be abandoned once more. Sadly, a suite at the castle is not part of the deal for the thousands of donors, though a gift of at least 60 euros (about $71) gives each patron a membership card and "access to part of the castle." The real gift, the campaign explains, is that patrons can become investors in a company that will own the castle, and "collectively decide its future."
Note: Don't miss video of this amazing abandoned castle at the link above.
Cruise ships have a bad rap with environmentalists. One cruise operator is hoping to change that. Peace Boat, a Japanese non-governmental organization ... is working on an ambitious project to build the most sustainable vessel in the booming industry. Now in the last stages of planning, the "Ecoship" will be built by Finland's Arctech. It will cost about $500 million, financed in part by impact investors - funds, rich families and individuals who want to use their cash to improve the world as well as make a profit. A conventional cruise ship can burn hundreds of tons of heavy fuel oil a day and emit as much particulate matter as a million cars. The "Ecoship" will be fueled by a much cleaner combination of solar panels, wind power and liquid natural gas, and should produce 40% less carbon dioxide than a traditional cruise ship. "We will have 10 sails, so it will use the wind like traditional sailing ships," [Peace Boat founder Yoshioka] Tatsuya explained. The "Ecoship" is designed to mimic the shape of a whale. While smaller than many cruise ships currently being built, it will accommodate 2,000 passengers, and host conferences and events while docked. Peace Boat hopes it will set sail on its maiden voyage in 2020, and that it will quickly become a showcase for the future of the industry. "There's potential with a very green cruise ship to get a lot of attention at each port of call and that can make an impact," Tatsuya said. And he doesn't plan to stop at one ship. Demand for cruises, and green tourism is booming.
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When Erika Dudra moved to Beacon Hill two years ago, she didn't know any of her neighbors. Dudra soon discovered a Facebook group called Buy Nothing Beacon Hill North. The premise of the group was simple: Offer up something that you don't need, or ask for something you do need. She joined to get rid of a couch, but then started asking for baby things. As a result, "I have a 2-year-old now who basically cost me nothing," she said. When Dudra remarried ... she threw a "Buy Nothing wedding" with a donated dress, cake, decor, flowers, an American Sign Language interpreter for deaf relatives and a wedding photographer. To participants, Buy Nothing is about more than just fighting consumer culture, though. Today, all of Dudra's best friends are people she met on Buy Nothing. Since this network was started in 2013 ... members and volunteers have spread the Buy Nothing gospel to more than half a million people in 20 countries. Buy Nothing co-founder Liesl Clark likes to say the project is one-half internet giveaway group and one-half prehistoric Himalayan economics. Inspiration comes from high up in the Himalayas, where Clark has filmed archaeology documentaries for National Geographic and the PBS series "NOVA." In 2007, Clark visited a village in the Upper Mustang area of Nepal that didn't operate on currency. Instead, the village of Samdzong operated on a "gift economy" when a villager needed something, she or he would simply ask. Residents kept communal goats and sheep and took turns watching each other's fields.
Note: Watch an inspiring video on this great project.
When the lunch bell rings at Boca Raton High School in Florida, 3,400 kids spill into the courtyard and split into their social groups. But not everyone gets included. Someone always sits alone. "It's not a good feeling, like you're by yourself. And that's something that I don't want anybody to go through," said Denis Estimon. Denis is a Haitian immigrant. When he came here in first grade, he says he felt isolated - especially at lunch. So with some friends, Denis started a club called "We Dine Together." Their mission is to go into the courtyard at lunchtime to make sure no one is starving for company. For new kids especially, the club is a godsend. Since it started last year, hundreds of friendships have formed - some very unlikely. Jean Max Meradieu said he met kids he would never "ever" meet on the football team. Jean actually quit the football team - gave up all perks that come with it - just so he could spend more time with this club. "I don't mind not getting a football scholarship," Jean said. "This is what I really want to do." Just imagine how different your teenage years would have been, if the coolest kids in school all of a sudden decided you mattered. Since we first told this story, Denis has graduated from high school - but not from this mission. He's now travelling the country, opening "We Dine Together" chapters at other schools - 15 so far, with more than 100 slated for the new year. And if we're lucky, when he's done showing kids how to make outsiders feel accepted, he can teach the rest of us.
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Japan is prone to fads. One has hit finance: investing in assets screened for ESG (environmental, social and governance) factors. In 2014-16 funds invested in ESG assets grew faster in Japan than anywhere else. Today Japan’s sustainable-investment balance is $474bn, or some 3.4% of the country’s total managed assets - low compared with Europe or America, but high for Asia. The shift is driven from the top down, rather than, as elsewhere, by ethically minded individual investors. The big boost for ethical investing in Japan came from the Government Pension Investment Fund (GPIF), the world’s biggest public-sector investor, with $1.3trn of assets under management. In 2015 GPIF signed the UN’s Principles for Responsible Investment. This year it invested 3% of its holdings in socially responsible assets, using three ESG indices. Smaller investors have started to follow suit. Hiromichi Mizuno, GPIF’s chief investment officer, says the decision to invest in three ESG indices is for the long-term future, rather than with an eye on short-term returns or to support government policy: “The more companies pay attention to the sustainability of the environment, society and governance, the more likely investors are to find investment opportunities in them.” Analysts say GPIF is setting a trend for sustainable investing not just in Japan but globally. It has said it wants to increase its allocations in ESG funds to 10% of its assets.
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China has been busy creating a cashless society, where people can pay for so many things now with just a swipe of their cellphones - including donations to beggars - or even buy stuff at vending machines with just facial recognition, and India is trying to follow suit. These are big trends, and in a world where data is the new oil, China and India are each creating giant pools of digitized data that their innovators are using to write all kinds of interoperable applications — for cheap new forms of education, medical insurance, entertainment, banking and finance. “It’s transforming the lives of ordinary people,” explained Alok Kshirsagar, a McKinsey partner based in Mumbai. Now any Indian farmer can just go to one of 250,000 government community centers - each with a computer, Wi-Fi and a local entrepreneur who manages it - log into a government digital services website with the farmer’s unique ID and instantly print out a birth certificate or land records needed for transactions. Similar innovations are going on in energy, explained Mahesh Kolli, president of Greenko, India’s largest renewable power provider. Greenko just built the largest solar project in the world - a 3,000-acre field of Chinese-made solar panels generating 800 megawatts powering over 600,000 homes in Andhra Pradesh. Two more such fields are on the way up. “No new coal or gas power plants are being built in India today,” he added, “not because of regulations, but because solar, wind, hydro are all now able to compete with coal plants without subsidies.”
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John Bramblitt believes he could draw before he could walk. Art was also his way of coping with spending much of his childhood in the hospital. After experiencing his first seizure at age 2, Bramblitt was diagnosed with severe epilepsy. After each seizure, his vision would remain blurry for a while, but then it would clear up. What neither he nor his doctors realized was that his vision was decreasing each time. In his mid-20s, while attending college for the second time at the University of North Texas in 2001, he received the news that he would lose the rest of his vision. There was nothing doctors could do to stop it. He was completely blind by the time fall semester began. When he was alone, he felt like he was losing his mind. That's when he remembered the joy he used to gain from creating art. He began by trying to draw simple shapes, but would feel his pencil run off the paper. Bramblitt realized he needed to create a structure to follow. Fabric paint, which would create raised lines as it dried, became his new pencil, and he used oil paints to bring the paintings to life. He used [touch] to "see" what he wanted to paint and to distinguish between oil paints, because each color had a different viscosity and texture. Encouraged by the way it made him feel, he would paint for hours every day. Over the years, Bramblitt has connected with charities and started a series of workshops for artists with and without sight, young and old. He believes art should be something everyone can connect with. After all, art changed his life.
Note: Don't miss the incredibly inspiring one-minute video of this inspiring blind artist.
Across the United States, millionaires and billionaires are increasingly stepping in with private money to try to solve problems that were once largely or exclusively the purview of government. In Detroit, philanthropic dollars helped build a streetcar system. In Kalamazoo, Mich., donors are underwriting college tuition programs. Elsewhere, philanthropists are funding the mapping of all cells in the human body to try to stamp out disease and pouring money into preventing obesity. Yet few if any of today’s megadonors are involved in as many programs targeting the poor in one city as [George] Kaiser. The oil and gas industrialist believes that every child deserves a chance to succeed and that effectively spent charitable dollars ... can unlock their potential. His foundation has given away more than $1 billion over the past decade, almost all of it in Tulsa, [Okla.]. Over the next decade, his foundation wants to target every poor child born in Tulsa, from birth until third grade, so that a patchwork of public programs – prenatal care, parenting classes, child care – becomes a seamless quilt. “They’re making a very big bet in one community on a comprehensive strategy that can be truly transformative,” says Nancy Roob, chief executive officer of the New York-based Edna McConnell Clark Foundation. The idea behind all these efforts – fighting poverty with philanthropic wealth – is one that holds great promise in an era of dazzling private fortunes, yawning economic inequality, and public-sector austerity.
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The 2,190-mile long Appalachian Trail is daunting even to those who have no trouble walking. That hasn't stopped Stacey Kozel. Her paralyzed body hasn't stopped her, either. The 41-year-old ... was always active until lupus stole her muscles and strength. Since her diagnosis at 19, she ... had always managed to get back on her feet - until a flare-up in March 2014. "I walked into a hospital, came out in a wheelchair," recalled Stacey Kozel. Although Kozel was able to walk stiffly with an old pair of braces, they wouldn't help her walk comfortably enough to embrace the outdoors. The chance finally came when she came across the Ottobock C-Brace. The brace functions essentially as the muscles and bones of a leg. The price tag for the technology was steep: $75,000 each. Kozel's doctors and therapists knew that getting these braces covered by insurance would be an uphill climb. When her claim was finally approved after 12 months, she was "in shock." Three days after Kozel got her braces, Joey Pollak, Kozel's orthopedist, got a call saying Kozel was in a 5K race. "To say Stacey is an overachiever is an understatement," said Pollak. What Pollak did not know was an idea forming in Kozel's head. She wanted to show insurance companies how useful the braces can be for those who have lost their mobility. She set her mind on the Appalachian Trail, just two months after she received her braces. Now, with support from her orthopedist, her mother and strangers along the way, she is slowly approaching her destination.
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If you had asked me 20 years ago where I would be, I never would have imagined I would be a physician working at UCLA Health, one of the best medical centers in the country. For over 25 years, my physical disability threatened to define who I was and what others thought I could become. I contracted meningococcal disease at 8 years of age. The infection overwhelmed my body's defenses, and I became a triple amputee. The disease left me with just enough to survive and carry on: two full fingers of the left hand, the thumb and ring finger. The first few years were physically and emotionally grueling; I was in and out of the hospital for surgical procedures to make my lower limbs fit better into prosthetic legs. I couldn't walk for nearly three years. I grew so quickly, my prosthetic legs could not keep up. My father would give me piggyback rides from the car to our house. My mother, who became blind as a teen, learned how to help me dress and put on my prosthetic legs every morning for school. My younger brother, Tarring, would help bring things to me since my mobility was limited. And my older sister, Nellie, was and is my inspiration and role model. I have been extremely lucky to have a strong and resilient family. I was lucky to be in a place where I had great medical care and where I had a community of friends and schools that supported my recovery and believed in my ability to succeed despite my disability. But luck is only part of my success; it takes courage, determination, honesty and integrity to pursue your dreams.
Note: Dr. Kellie Lim, author of this article received her medical training from the David Geffen School of Medicine at the University of California, Los Angeles. After getting her medical degree, she completed her residency in pediatrics before pursuing fellowship training in allergy & immunology and pharmacology. Today, she works as an allergist-immunologist at UCLA Health. Explore a treasure trove of summaries of news articles on incredibly inspiring disabled persons.
New York's Excelsior Scholarship is the first of its kind. It covers the cost of tuition for qualifying students who are enrolled in a two- or four-year degree program at any of the state's 88 public colleges and university campuses. Plans for the scholarship were announced by Governor Andrew Cuomo in January. At first, students planning to attend college this fall didn't know whether it would become reality in time. It was officially approved by the legislature in April. When Governor Cuomo announced the program he said that college, like high school, "should always be an option even if you can't afford it." While similar programs in other states have made tuition free for community college students, the Excelsior Scholarship is the first to include those pursuing a four-year degree. The scholarship could save students as much as $27,000 over four years by cutting out tuition costs. The award doesn't cover fees charged by the school, or room and board. Students must also agree to live in state after college for the same number of years they received the scholarship, or it will be converted to a loan. Bonnie Tang, [a] Stony Brook freshman, is commuting from her home in Brooklyn, saving her about $13,000 in room and board costs. She'll have to buy a monthly train pass [and] pay about $2,560 in fees this year. But everything else is free. "My tuition is paid for and that saves me a lot of money," she said.
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The “Medicine Baba,” Omkar Nath Sharma, 75, spends his days knocking on doors in Delhi’s upper and middle class neighborhoods, collecting their leftover medicines and giving them to the poor. Mr. Sharma, a former medical technician ... starts his day at 6 a.m., when he leaves his rented home in Manglapuri, a southern Delhi suburb, and travels by buses on his senior citizen pass to wealthier parts of the city. He has built up a pool of regular contributors in neighborhoods like Green Park, who he calls on when they have medicines they no longer need. Wearing an orange shirt that says “Mobile medicine bank for poor patients,” he picks up medicines that he estimates are worth 200,000 rupees, about $3,860, a month, and then distributes them to individuals and charitable clinics for no charge. Mr. Sharma knows that loosely distributing medicine brings real risks, so he said he will only give them out if a patient has a prescription from a doctor. Vimla Rani, a 47-year-old maid, said she is alive because of Sharma’s medicines, which help to control her asthma. “I keep on getting inhalers and other medicines from Medicine Baba,” she said. “Thousands of poor people die as they can’t afford expensive medicines, while at the same time unused medicines worth millions get wasted,” Mr. Sharma said. He also distributes medicine to more than a dozen nongovernmental organizations.
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Below are two powerful graphs in “Health Abundance” I wanted to share this week. First is the massive reduction in smoking from 45 percent in the 1960s to 25 percent today. The bad news is that smoking is still the #1 preventable cause of death in the United States. Cigarette smoking causes more than 480,000 deaths each year in the United States. This is about one in five deaths. Smoking causes more deaths each year than all of these combined: HIV, alcohol, car accidents and guns. Second, is a look at the reduction of global malaria deaths, and the increase in funding allocated for research and development to cure malaria. As medical research continues and technology enables new breakthroughs, there will be a day when Malaria and most all major deadly diseases are eradicated on Earth. I hope you enjoyed this week’s Evidence of Abundance.
Note: See a great booklet filled with inspiring graphs showing how our world is gradually becoming ever more abundant.
The ozone hole over Antarctica shrank to its smallest peak since 1988, NASA said Thursday. The huge hole in Earth's protective ozone layer reached its maximum this year in September, and this year NASA said it was 7.6 million square miles wide. The hole size shrinks after mid-September. "In the past, we've always seen ozone at some stratospheric altitudes go to zero by the end of September," said Bryan Johnson, NOAA atmospheric chemist. "This year our balloon measurements showed the ozone loss rate stalled by the middle of September and ozone levels never reached zero." This year's maximum hole is more than twice as big as the United States, but it's 1.3 million square miles less than last year and 3.3 million square miles smaller than 2015. Paul Newman, chief Earth scientist at NASA's Goddard Space Flight Center, said stormy conditions in the upper atmosphere warmed the air and kept chemicals chlorine and bromine from eating ozone. He said scientists haven't quite figured out why some years are stormier - and have smaller ozone holes - than others. "It's really small this year. That's a good thing," Newman said. Newman said this year's drop is mostly natural but is on top of a trend of smaller steady improvements likely from the banning of ozone-eating chemicals in a 1987 international treaty. The ozone hole hit its highest in 2000 at 11.5 million square miles.
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A 101-year-old California heart surgeon who retired just five years ago may be the epitome of “you are what you eat.” Dr. Ellsworth Wareham credits his vegan lifestyle with being his fountain of youth. He says it’s why he is still sharp-minded, enjoys good balance and drives. “I don’t have any trouble with my joints, my hands are steady, my balance is good, I don’t have to walk with a cane,” he [said]. Wareham lives in Loma Linda, California, which is one of five so-called Blue Zones, so named by longevity researcher Dan Buettner because people tend to live longer, healthier lives within them. Residents of Loma Linda, many of whom like Wareham are Seventh Day Adventists, have a life expectancy that’s nine to 11 years greater than that of other Americans. Seventh Day Adventists avoid smoking and alcohol, include exercise in their lifestyle and follow a vegetarian diet. The city of Loma Linda ... has several community programs in place that support its older residents. Loma Linda men in particular live six to seven years longer than the average American man. As for Dr. Wareham, he said he has “never cared for animal products,” so maintaining a vegan lifestyle was “a very easy thing” for him to do. But while what you eat certainly impacts your health, even Buettner has noted that the Blue Zones have other longevity-increasing factors.
Note: Watch a short video interview with this amazing man.
At a subway station [in New York City] a despondent young woman climbed over a railing and crawled over open girders that were 25 feet above the ground and over 5 feet apart. And began sobbing. According to a witness, Michal Klein, "The only thing I overheard was the young girl saying nobody cares about her." Then a young man on the first level saw her, and ran up to the second floor. He climbed and crawled over the beams to where she was sitting. He began talking to her quietly. Then he put his arm around her. After a minute, she put her head on his shoulder. They were up there for almost ten minutes before the fire department arrived. They both crawled back over the ledge ... holding hands the entire time. She was then taken away by ambulance to the hospital. And this young man picked up his backpack, got on a subway, and left. "It was just like a random person who went over to keep her calm," [said Klein]. "He actually cared enough, whoever he was, to help her. A lot of people seemed to be like, ‘Oh, it’s New York,’ and kept walking. I don’t think I would’ve climbed over to do that." Another witness noted that most people didn’t even break stride as they quickly glanced up. Said another, "Angels come in many forms."
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Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.