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 the Morgan Stanley Institute for Sustainable Investing released a new report analyzing the communications disconnect between the environmental, social and governance (ESG) information investors seek and what companies provide. The paper, Sustainable Value: Communicating ESG to the 21st Century Investor, identifies the communications opportunities and best practices for companies to better communicate their ESG stories to enhance their business and investor value.
Further reinforcing world-wide trends seen over the last year among some of the world’s largest companies, affiliates of the Global Exchange, a network from CECP: The CEO Force for Good, have identified four key areas of focus taking root: Levering Assets, infusing Purpose throughout the business, broader support of the Sustainable Development Goals, and Digital Adoption and Integration in multiple areas.
We spoke to more than 1,500 employee donors to find out what they expect from their employers, the charities they support, and from workplace giving programs in general. Join America's Charities’ free webinar on October 24th at 2 PM EST as we unveil our groundbreaking new research, Snapshot 2017: What Employees Think about Workplace Giving, Volunteering, and CSR.
The Advisory Council on Sustainability of Ingersoll-Rand plc, a world leader in creating comfortable, sustainable and efficient environments, appointed Andrew Winston as a member of the Council, effective immediately.
The proposal released today by the Trump administration to abandon the Clean Power Plan is both “misguided and out of step with the leaders in the business community,” Ceres said in a statement today.
The Clean Power Plan is the nation’s first comprehensive effort to reduce carbon pollution from existing electric power plants – the second largest source of global warming pollution in the country.
The aim of this workshop is to increase the participants’ knowledge about the methodology behind the Dow Jones Sustainability Indices (DJSI) and the RobecoSAM Corporate Sustainability Assessment (CSA). In this session, special focus will be on on selected criteria including Human Rights, Supply Chain, and Human Capital. Come join experts from CSA-responding corporations that achieve high scorers in the respective CSA criterion as they their perspectives and experience in crafting responses to the CSA.
KeyBank Community Development Lending & Investment (CDLI) has provided a total of $46 million in financing to Dominium for the new construction of North Range Crossing, a 216-unit affordable multifamily project in Commerce City, CO. KeyBank arranged for the affordable housing and development company a $32.8 million construction loan and a $13.1 million equity bridge loan using tax-exempt bonds issued by the Colorado Housing and Finance Authority (CHFA) and an allocation of 4% LIHTC credits.
Many corporate citizenship programs involve initiatives that reflect immediate problems (such as apprenticeship programs to fill near-term openings), the nature of their company (such as financial literacy), or local community needs (arts, athletics, etc.). In addition, though, some business leaders and corporations are addressing a social goal that is outside their business expertise and far beyond next year’s workforce projections. They are also taking a set of actions that tap into the whole array of corporate assets to solve a pressing problem.
Republic Services of Oregon announced today the results of a study of its annual economic impact in the state. The study measures the direct and indirect economic impact of the Company’s subsidiaries and operations statewide in 2016, including tax revenues, payroll expenditures and supplier purchases, as well as multiplier effects when income is reinvested into the local economy.
Today, 36 institutional investors with over $813 billion in assets and a network of major businesses with over $400 billion in revenue, called on the Trump administration to not weaken the current light-duty vehicle fuel economy and greenhouse-gas emissions standards. The ask comes in the form of a Washington D.C.-focused ad blitz as well as letters to the U.S. Environmental Protection Agency.
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