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, 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.
For a growing number of women worldwide, particularly those in underserved communities, the road to economic empowerment starts with a mobile device. Women who have traditionally faced barriers to entrepreneurial success are discovering how they can use powerful, handheld devices and an internet connection to gain access to the business skills, technology, markets, networks or capital they need in order to participate in the global economy and improve their lives.
The pull from institutional investors for sustainability has virtually doubled since 2012. In this article, Eurosif's Executive Director Flavia Micilotta discusses the trends and challenges of SRI, and issues recommendations for creating a sustainable financial policy framework.
The town of Cabeza de Toro sits about five hours south of Lima, in the agricultural heart of Peru. For the past decade, this agricultural center has been home to the Manantial de Vida (Spring of Life) Dairy Services Cooperative. Today, this farmer-owned cooperative produces and collects milk to feed Peru’s growing population, while simultaneously providing dairy farmers in the region with a viable income.
Most bankers, economists and investors after a couple of drinks, will admit that money is not wealth. Money is a metric, like inches and centimeters, for tracking real wealth: human ingenuity and technological productivity interacting with natural resources and biodiversity undergirding all human societies along with the daily free photons from our Sun, as described in "Valuing Today's Circular Services Information Economies".
Last year, as Coastal Enterprises, Inc. (CEI) conducted a strategic review as part of its leadership transition, we found ourselves asking the same questions that were being asked across the country, on both sides of the political aisle. At the heart of those questions was the recognition that our economy is not working for everyone. And a major takeaway was that rural regions, gateway cities, and the people who live there were being left behind.
So, why create LOCUS now? We are living in times when more traditional public sources of community and economic development funding are challenged; many local governments are still struggling with revenue shortfalls and federal budget impasse seems like a perpetual state of affairs. In Don Macke’s words, “finding the financial resources necessary for community building is increasingly challenged; that is why I have come to believe that philanthropic impact investing represents such a promising solution”.
Our pulp and paper products are derived from renewable resources, made with high levels of renewable energy, and are designed to be reused or recycled. While it is difficult to identify a more sustainable industry than forest products, not all companies perform equally when it comes to operating safely and sustainably. We track our progress annually, and in the following pages offer an updated view of our performance in important areas of environmental and social responsibility. We monitor key metrics for fiber, emissions, energy usage and the impact of our operations on air, water and solid waste. We use this data when setting improvement goals related either to our operations or our interactions with our key stakeholder groups—employees, customers and our local communities. We uphold the
The rollback of America’s environmental regulations and international commitments has galvanized companies around the world to extend or redouble their efforts, according to a new report. “State of Green Business 2018,” published by GreenBiz Group in association with Trucost, part of S&P Dow Jones Indices, is the 11th annual assessment of the progress by companies around the world in addressing their energy, waste, water, greenhouse gas and other impacts, and in increasing their sustainability investments, transparency and other leadership activities.
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...
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Corporate governance, risk management, operational integrity, and regulatory compliance are demanding challenges that companies face in today’s ever...
