This Week in ESG and Impact Investing

The second quarter surge in GDP could create more business activity for Black healthcare and affiliated businesses. https://www.blackenterprise.com/alert-new-version-black-healthcare-firms-should-prosper-most-from-growing-economy/

  America's Racial Wealth Gap in 8 Graphs The racial wealth gap in the United States represents one of the most persistent and pressing issues of economic inequality. The latest infographic by Eric Gordon and Luke Newton, "America's Racial Wealth Gap in 8 Graphs," offers a stark visual representation of this disparity, highlighting the urgent need for targeted interventions and systemic change. Here’s a breakdown of the key findings from the infographic: Economic Cost and Opportunity The Black-white wealth gap is not just a social and moral issue—it has significant economic implications. The gap is expected to cost the US economy $1 trillion to $1.5 trillion per year by 2028. By closing this gap, US economic output (GDP) could be 4-6% higher in 2028. This potential for growth underscores the importance of addressing racial wealth disparities not only for social equity but also for economic prosperity. Industry Representation The infographic reveals that only five indu...

The 2019 Small Business Policy Expo & Ready to Launch Congressional Reception took place on Wednesday, January 30, in Washington D.C.   The event brought together leading small business advocates and Congress members, as well as current administration officials to address questions concerning the needs of American small business owners.   Given  recent changes on Capitol Hill, the panelists and guest speakers sought to provide insight concerning potential policy proposals that could have an impact on entrepreneurship and small business in the US. The policy areas receiving the most attention were taxes and healthcare.   On taxes, p anelists and guest speakers alike emphasized not only the need to reduce taxes on small business owners, but also to simplify the tax process – citing time as the small business owner’s most valuable asset, an asset too valuable to spend deciphering complex details of the current tax code.   This is a clear extension of ...