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 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.
Sustainable Brands® reveals program, networking and activity highlights for its upcoming conference: New Metrics 2018. Nearly 400 business executives will convene October 29-31 at the Loews Philadelphia Hotel for a conversation on the ROI of Sustainable Business and smarter, more accurate, and more inclusive business metrics that generate value for all stakeholders.
World Environment Center and the Institute for energy, ecology and economy (DFGE) are hosting a webinar on October 12th (9:00AM EST / 3:00 PM CEST) exploring how the Financial Stability Board (FSB) Task Force on Climate - Financial Disclosures (TCFD) are affecting the business world.
About Truist FoundationThe Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and...
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...
CARE News & Stories is where to find out what's happening around the world through vibrant, engaging stories that put humanity at the center. 👉 https...
Corporate governance, risk management, operational integrity, and regulatory compliance are demanding challenges that companies face in today’s ever...