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Stock impact report

Elevance Health Foundation Announces $10 Million to Launch New Impact Investing Initiative [Yahoo! Finance]

Elevance Health, Inc. (ELV) 
Company Research Source: Yahoo! Finance
commitment to launch a new impact investing program to create positive social impact through investment opportunities beyond its existing grant portfolio. The new program will provide loans to small businesses, social enterprises, and entrepreneurs that support health equity in under-resourced communities. Through loans with interest rates below Prime rates, these partners will address social needs including access to care, food insecurity, and health disparities. The Foundation will leverage these investments to provide access to inclusive and affordable financing to purpose-driven businesses that may not have access to traditional banking and whose growth can advance health equity. More accessible and impact-aligned capital across business stages can enable a wider range of businesses, including minority/women-owned ones, to scale impact in their communities. "Through impact investing, the Elevance Health Foundation will work toward advancing whole health by extending beyond its Show less Read more
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