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.
In “Short-Termism is Harming the US Economy,” Jamie Dimon and Warren Buffett argue that executives who target quarterly, short-term results often do so at the sacrifice of long-term strategy and results. This, in turn, harms the sustainable success of companies and the economy as a whole. As part of CECP’s Strategic Investor Initiative, a coalition of long-term oriented companies and institutional investors, the call to action is clear: It is time for short-termism to end. There is an alternative. Rather than race to attract fickle traders, executives should instead aim to woo “patient capital” by adopting long-termism.
Globally, women influence or control more than 25 percent of wealth, but a lack of access to affordable financial products and services can hold them back. BNY Mellon helps increase women’s financial inclusion to improve their lives, communities and society.
Once women establish a financial footprint by opening checking or savings accounts, they can build their financial empowerment through the use of payment systems and loans, which help women achieve financial health and enable them to mitigate risk and plan and save for the future.
The more women realize their full potential as independent and empowered financial agents, the more improvements will be evident in local health and educational outcomes, along with expansions in entrepreneurship and greater overall financial security.
MetLife, Inc. today announced its impact investment portfolio grew to $50 billion in 2017, an increase of 12 percent year-over-year from 2016 to 2017, and MetLife Foundation reached more than six million low-income individuals through the fourth year of its five year, $200 million dollar commitment to financial inclusion.
Sappi Limited board member and SETS Committee Chair Valli Moosa and Sappi North America’s Chief Business Sustainability Officer Jennifer Miller exchange thoughts on sustainable forestry.
Ideagen -- Where the world’s leading companies, NGOs, and public sector organizations convene to develop systemic solutions via catalytic collaboration to solve for x.
Leaders and Luminaries from the world's leading brands, companies, trade associations, NGOs and public sector collaborated for the Annual Ideagen Global Leadership 2030 Summit at the Gallup World Headquarters in Washington D.C. on June 7th, 2018. Leaders and Luminaries came together to generate new ideas and solutions to the world's most vexing issues via catalytic collaboration change the world. Topics included the disruption of aging, effective leadership, policy and innovation, global health leadership, the future of mobility, Ideagen’s catalytic impact, creating global movements, Women in Cloud, Power Storytelling...
In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan. This means that CMS can reduce its interest rate on the new credit by meeting targets related to environmental responsibility, CMS says. Sustainability-linked loans are products that allow issuers to demonstrate their commitment to sustainability, according to Barclays.
In markets around the world, BNY Mellon is working to support clients in ways that have a positive impact on the environment and society, including by facilitating the issuance of green bonds. These securities are an innovative tool for driving capital to sustainable investment; in 2017, global green bond issuance totaled a record $155.5 billion, and volume could reach $250 billion to $300 billion in 2018, according to research from the Climate Bonds Initiative.
GRI believes that in order to achieve real progress, there's a need to align capital investment with sustainable business. We asked prominent investors why they think sustainability matters – watch this video to find out what they had to say.
BNY Mellon is committed to promoting a more sustainable global economy. The company engages in numerous activities to help mitigate the effects of climate change through social investing initiatives. The 2017 CSR Report offers a closer look at how BNY Mellon is supporting our clients’ environmental objectives.
Power company CLP has launched a carbon credits e-commerce platform for worldwide customers to offset emissions from their home, business and travel through online purchase of the carbon credits generated from CLP India's wind farms. Check it out: https://www.clpcarboncredits.com
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...
