KeyBank Community Development Lending and Investment (CDLI) provided $16.6 million in low income housing tax credit equity (state and federal), a $21.3 million construction loan and $6.3 million taxable equity bridge for the construction of Silos Apartments.
The new Goldman Sachs product links the yield clients earn on their deposits to the achievement of their own ESG targets. ESG-focused companies, like Xylem, stand to earn higher yields as they deliver on their sustainability strategies.
Traditionally, banks manage localized financial risks their borrowers might face, but the impact of their lending decisions has significance on the climate, our ecosystems and overall planetary stability.
The Earth is a water world covered by vast oceans and a sheltering atmosphere. The sheer immensity of our oceans has made them appear impervious to man’s presence. But they are not.
Fifth Third’s Community Development & Social Responsibility group is also donating $150,000 in support of regional Bank On coalitions to boost awareness about the availability of Bank On-certified accounts in the communities the Bank serves.
The United Nations Sustainable Development Goals (UN SDGs) face a financing gap that has soared to up to US$100 trillion in the wake of COVID-19 and other urgent global challenges, according to a new report by Force for Good in collaboration with the UN and other organizations.
The shareholder value doctrine suggests that companies and their managers should only do something that’s good for society when it is simultaneously and demonstrably good for business. This belief is increasingly being questioned and challenged.
Talented employees are the heart and soul of our company. We believe development inspires individuals to engage, empower, and embrace a growth mindset...
Subaru works to reduce waste, safeguard resources for future generations, and preserve natural spaces – making real, meaningful commitments to these...
As sustainability leaders, we implement our sustainability strategy across all company activities along the entire value chain, from raw materials to...
Purpose 360 Podcast is a masterclass in unlocking the potential of social purpose to ignite business and social impact. Hosted by Carol Cone, CEO of...
