Merging finance and social impact to make a better world
Job availability rate per 100,000
The Minnesota Catholic Conference’s report, “Fruits of the Vine: The Economic Impact of the Catholic Church in Minnesota,” reveals the Church’s substantial contributions to the state’s economy and social fabric, with an annual economic impact exceeding $5 billion.
The global transition to green energy has accelerated rapidly, increasing the demand for critical materials like rare earth elements (REEs), lithium, nickel, silicon, and cobalt. While these materials power wind turbines, solar panels, and electric vehicles (EVs), their mining and processing have significant social impacts. This study presents a quantitative assessment of these impacts, addressing employment rates, labor income share, gender equality, work safety, informal employment, and child labor—key indicators aligned with Sustainable Development Goals (SDGs) 1, 5, and 8.
A groundbreaking study conducted by the Human Services Chamber of Hamilton County in collaboration with the Alpaugh Family Economics Center at the University of Cincinnati has quantified the economic and social impact of nonprofits in Greater Cincinnati. The findings highlight the critical role nonprofits play in job creation, economic growth, and social services while generating substantial tax revenue for local and state governments.
A comprehensive 14-year study has highlighted the significant economic benefits of Project QUEST, a San Antonio-based workforce development program established in 1992. The research indicates that participants experienced an average income increase of $54,000 over the study period, with those aged between 35 and 64 seeing gains of nearly $139,000 compared to a control group. This translates to a 234% return on investment, considering the average program cost of $16,244 per participant.
Large employer investments foster economic dynamism, higher wages, improved employment rates, lower crime, and better access to private healthcare. The data-driven approach challenges anecdotal skepticism and provides a compelling case for policymakers and communities to actively attract and support major business investments.