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.
It seems incomprehensible that just 30 years ago, our mothers and grandmothers were denied simple acts of financial independence like obtaining business credit under their own names. Women fought to remove barriers like this, and the Women’s Business Ownership Act established policies and programs to support their business pursuits. As we commemorate the 30th anniversary of the passage of the Women’s Business Ownership Act this year, it is difficult to imagine the nation’s economy and culture without women-owned businesses and the goods, services, jobs and other advancements that women have created since 1988.
The University of Michigan’s Erb Institute for Sustainability in Business (Erb) and the World Environment Center (WEC) brought together 40 senior-level thought leaders and executives from business, academia, government and nonprofits, as well as selected Erb Institute students, for a roundtable discussion.
According to America’s Charities’ Snapshot 2017 report, 87% of companies understand there is an expectation to support causes that are important to employees. So for many employers, giving employees the opportunity to donate to charities through workplace giving is a no-brainer. The big challenge is execution. Are you managing your company's charitable donations as cost-efficiently as you could be?
The Multilayer Flooring Association (MFA) and SCS Global Services announced a pilot certification for new resilient flooring products in the multilayer format with rigid polymer cores. Focusing on performance and sustainability, and by bundling existing standards, the collaboration has created an all-encompassing platform for safety, quality, performance and sustainability for multilayer flooring.
It’s not every day that a CEO and CFO talk about investing millions of dollars into a part of the business that doesn’tgenerate direct profits. But that’s exactly what we did when we took advantage of the recent U.S. tax reform to make a focused investment – half a billion dollars – into our Center for Inclusive Growth.
The mining industry has traditionally been a laggard when it comes to innovation. The 21st-century economy, however, dominated by emerging technologies like electric vehicles, green energy sources and ever-more advanced mobile devices, is demanding creative approaches to efficiently delivering the raw materials that will fuel modern economies.
Anyone who watched this year’s Academy Awards knows that the real leading lady of the evening was gender equality. There were a lot of strong statements on Sunday, but one that has stuck with me was Jane Fonda’s confident declaration that “what was once considered groundbreaking is now the norm.” She’s right. There is a new norm for gender equality and it’s based on transparency.
A little-known fact about the Canadian 25 cent coin, is that the animal on the “tails” side is in fact not a moose, but a caribou! Caribou (also known as reindeer), are an integral part of Canadian indigenous heritage, as well as northern ecosystems. These members of the deer family were once one of Canada’s most widespread wildlife species. Today their numbers have significantly diminished, some herds by more than 90%. Climate change, increased habitat development, and poor land use planning have contributed greatly to the caribou’s steady decline. Most Arctic caribou are migratory, which poses challenges for habitat conservation when coupled with mining exploration and development.
The U.S. Department of State, World Environment Center (WEC), Le Groupe-conseil baastel Itée (Baastel), and RioSlum Studio are proud to announce the opening of applications for “Power to Grow: The Innovation Challenge Fueled by La Red de Innovación e Impacto” (Power to Grow). Power to Grow is a search to discover and reward organizations that are empowering micro-enterprises in Central America.
Investors don't always get the sustainability data they need from companies for effective decision-making. In the latest GRI podcast, this question was posed to Amanda Feldman from the Impact Management Project, who told us how corporate reporting should change so that even more investors could use this information. Listen to the full episode here.
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We are focusing on our people through strengthening our business by embracing our differences, doing the right thing when helping our communities, and...