As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
KeyBank Community Development Lending & Investment (CDLI) has provided a total of $10.4 million in financing to Ithaca Neighborhood Housing Services, Inc., for the acquisition and rehabilitation of Ithaca City Apartments, a 98-unit complex located in Ithaca, NY.
Small businesses play a critical role in the global economy, contributing to economic opportunity, diversity and the overall health of our communities. If current trends continue, however, we may soon wake up in a world where many of these businesses have closed and only a few of the very largest players remain open.
American Express today announced that it is one of over 100 companies from ten sectors to join the inaugural 2018 Bloomberg Gender-Equality Index (GEI). Launched today, the reference index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings.
Achieving the UN’s Sustainable Development Goals (SDGs) by 2030 will require new tools, financing mechanisms and partnerships to fill the estimated $3 trillion investment gap. Development Impact Bonds (DIBs) are an emerging area of innovative financing to achieve social and development outcomes by bringing together private investors, implementers, governments and donors to pave the way for a more-results oriented and sustainable approach to supporting health and economic prosperity, especially in growing markets. The risk of failure is shifted to investors, allowing governments and other donors to spend resources more effectively.
Small businesses are already the biggest generator of jobs in America. They make up almost half of private sector employment. Those of us in tech and in the public sector need to take the next step to rev that engine more.
Many companies are looking at their value chain as the focus area to drive large-scale change. But many are struggling to truly develop collaborative partnerships that will address complex societal and environmental issues.
As governments develop and enact wide-ranging policies and regulations to meet key emissions and finance goals by 2030, businesses across the globe are stepping up to the challenge and taking a leadership role in reducing GHG emissions. To learn more on this topic, read the new white paper, The Business of a Low-Carbon Future: Spotlight on Canada, based on content from the expert panel discussions at the Sustainable Business Summit: Toronto.
It started with a realisation. A mortgage is the biggest transaction of any person’s life, and no one was helping buyers to shop around. It’s madness. So we set about building a platform that empowers the user – and gets them the best possible deal.
Today, a main topic of discussion for many businesses is what it will take for society to transition to a low-carbon economy – and what role business can play. To shine a spotlight on this question, Bloomberg BNA released a report that captures the insights and different perspectives that were shared at the Bloomberg Sustainable Business Summit in Toronto this past September.
Next City today announced the launch of its newest editorial section, The Bottom Line, made possible with support from Citi Community Development. Through enterprise reporting, news coverage and op-eds written by public and private sector leaders, The Bottom Line will explore new and promising programs, partnerships, policies, technologies and financial tools emerging in response to increasing inequality, household financial vulnerability and other troubling economic trends affecting American cities. Visit The Bottom Line at nextcity.org/thebottomline.
In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
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AEG embraces its responsibility to enrich the lives of people in the communities around the world where we do business, and to use business to create...
