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.
Today, American Express published its 2017-2018 Corporate Social Responsibility (CSR) Report, which details the company’s progress to strengthen its backing of all its stakeholders.
American Express’ approach to CSR is an extension of its mission — to become essential to its customers by providing differentiated products and services to help them achieve their aspirations — and its commitment to doing what’s right. The report highlights how the company delivers value for its business as well as its communities by investing financial and human resources in ways that address the social, environmental and economic needs of its communities, customers, employees, shareholders and partners.
With increasing recognition of the imperative for companies and investors to transform their business models in order to generate sustainable returns while achieving the Paris Agreement and Sustainable Development Goals, there’s greater need for a “transformation blueprint.” Responding to this need, Reporting 3.0 is rolling out the Transformation Journey Program (TJP), based on our Transformation Journey Blueprint, in Workshop Series in Europe and North America. The Workshop Series, which focus on Sustainable Finance, will be hosted by ING in Amsterdam, John Hancock / Manulife in Boston, and McMaster University in Toronto between November 2018 and May 2019.
The collision of principle and policy in current affairs has just ratcheted up several notches in intensity. The reason? The latest round of tariffs on Chinese goods imported into the U.S. that takes direct aim at profits at a number of the largest multinationals. After losing the lobbying battle to stave off this latest round, these companies are going public with their protests, hoping to encourage a rollback by taking a collective stand against a policy that hits their bottom line.
Harvard Management Company manages the university’s $37 billion endowment and believes ESG risks can have indirect and direct impacts on a company’s performance.
The Task Force on Climate-related Financial Disclosures, chaired by Mike Bloomberg, published its first Status Report providing an overview of current disclosure practices and their alignment with the core elements of the TCFD recommendations.
KeyBank Real Estate Capital (KBREC) and KeyBank Community Development Lending & Investment (CDLI) have provided a first-of-its-kind Fannie Mae Healthy Housing Rewards Enhanced Resident Services loan to Omni New York LLC for the acquisition and rehabilitation of two affordable housing properties in Newark, NJ.
Today at the One Planet Summit in New York the UN Secretary-General tapped his Special Envoy for Climate Action Mike Bloomberg to lead a new Climate Finance Leadership Initiative to mobilize private finance in support of the Paris Agreement goals.
The International WELL Building InstituteTM (IWBITM ) announced today the first participants in WELL PortfolioTM , a new streamlined pathway for WELL CertificationTM for multiple new or existing buildings and tenant spaces in a single portfolio. Being released as part of the WELL v2TM pilot, the latest iteration of the WELL Building StandardTM (WELLTM ), it is part of a suite of enhancements to WELL that addresses growing demand across the building industry for a program that helps owners, developers and tenants streamline and scale health and wellness upgrades to their real estate assets.
Consumers Energy yesterday announced plans to provide more electric vehicles for its employees -- a major step toward a clean energy future for Michigan.
Consumers Energy President and CEO Patti Poppe said yesterday morning that the company is now buying or leasing electric vehicles instead of purchasing new sedans that rely on gasoline. Poppe and an official from General Motors also announced the start of a pilot program to test smart charging for electric vehicle owners.
CSRHub, a provider of corporate social responsibility (CSR) and sustainability rankings, today announced the launch of its ESGHubTM app on the Bloomberg App Portal at {APPS <GO>}. Bloomberg Terminal subscribers can now access the environmental, social, and governance (ESG) disclosure and ratings performance of companies in portfolios, indexes or other financial instruments.
Empower by GoDaddy is GoDaddy’s global community and philanthropic program equipping entrepreneurs in underserved communities with training, tools and...
Cascale shares insights regarding policy and regulation impacting the consumer goods industry, and highlights how it's supporting members prepare for...
