Luminor receives best ESG rating in Baltics

For the second year in a row, Luminor has received the best environmental, social responsibility and governance (ESG) risk rating determined by Morningstar Sustainalytics among the largest banks in the Baltic States – 12.4. Luminor was also ranked 61 out of 1,009 banks worldwide. Morningstar Sustainalytics is a global leader in ESG research, ratings, and data, serving the world's leading institutional investors and corporations.

RSU receives award for growth in sustainable governance

On 6 December, Rīga Stradiņš University (RSU) received a special award for growth at the Latvian Sustainable Governance Awards 2023 ceremony at the Bank of Latvia. RSU was praised for its contribution to sustainable governance and growth, as well as for improving corporate governance and ensuring that the University's activities are in line with the defined values.

Dynatech helps kids with special needs

During this time of giving Dynatech continues collaboration with BeKind.lv in supporting kids with special needs. This time, they were on a mission to fill charity boxes with joy and warm feelings for the little ones to have a brighter festive season. Furthermore, they were united by a cause - "Team is a Force".

Over 60 members joined this year's annual Christmas Charity reception to kick-off the holiday season and raised €2600 to charities benefitting Latvia's children's health and well-being: Children’s Hospital Foundation, Latvian Foster Family Association, Ronald McDonald House Charities in Latvija, Pink Train Foundation and SOS Children's Villages. It was also a great opportunity to look back at this year and award the most active members: BluOr Bank, Cognizant, McDonald’s and Novartis.

Step by step towards sustainability

The EU Corporate Sustainability Directive is a new law that requires organizations to report sustainability information on an annual basis. Swedbank's guide "Step by step towards sustainability" is expected to help companies gain a better understanding not only of reporting but also of forward-looking management of its impact, risks, and opportunities.

Support program For New Parents

SOS Children’s Villages, a provider of long-term family-based care for children who have lost their parents and supporter of vulnerable families in three Family Support centers as well as five Support centers for foster families, guardians and adoptive parents in Latvia, is seeking both financial contributions and in-kind donations. Particularly this year SOS Children's Villages invites you to support the preventive program ”For New Parents” offering emotional and informational support for new parents from the First Emotional Aid (FEA) mothers.

Brighten Christmas for 416 foster kids

The Latvian Foster Family Association promotes social inclusion of children under the care of foster parents and guardians. The Association is comprised of 198 families with 416 children in various regions of Latvia. As every year, the Association holds campaign "Christmas Angels" and welcomes both financial and in-kind donations – sweets, Christmas gifts and prizes for 416 children from foster families at the Christmas celebration on December 28.

Making the difference for children of Latvia and Ukraine

Ronald McDonald House Charities Latvija (RMHC Latvija) has provided more than 5200 medical consultations to children in the regions of Latvia in 2023 and to 370 Ukrainian children currently residing in Latvia. The Mobile Clinic in Ukraine has also continued its operations providing medical care to more than 16500 Ukrainians. To improve and extend their services in Latvia and Ukraine, RMHC Latvija would highly appreciate both financial and in-kind donations of services and goods.

AmCham calls for a focus on economic security

On December 4, AmCham launched its recommendations calling to prioritize foreign direct investment and increase national competitiveness to ensure economic security and well-being. In a difficult geopolitical environment, Latvia's priorities are undoubtedly to increase investments in security and defense, however, ensuring economic security is equally important for Latvia’s national security and future economic growth. Maintaining existing and attracting new investments from key strategic partners such as the United States is essential, which is why AmCham continues to speak to a sustainable and transparent business environment and strong human capital.