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.
Uncertainty is natural in today’s turbulent global environment. But what is certain is that the need for responsible leadership by business is greater today than at any other time in recent history. As governments grapple with transition and change, responsible business leadership can, and must, lead the way. The issues that face our world won’t wait.
Mission Waco will soon be known as one of Texas’ sustainability leaders thanks to a new partnership. Green Mountain Energy Sun Club has selected the Waco-based nonprofit to receive a $234,000 donation to support a unique sustainability project dubbed Urban REAP for “Urban Renewable Energy and Agriculture Project.”
Ideally, the free market would have some mechanism by which the interests of future generations are protected. It would have some emergency brake to stop excessive consumption that might leave future generations with less than they deserve.
For many companies, sustainability is an increasingly important part of their overall business strategy. As a result, sustainability professionals work hard to track, analyze and meaningfully report on their sustainability initiatives to find new opportunities and report on progress to goals.
But with so much data at their disposal, as well as a being closely connected with that data, some find it difficult to extract the most valuable and inspiring insights to propel their efforts forward—and get stakeholders onboard.
The good news is that there’s a solution: materiality assessments.
GRI and the Global Sustainability Standards Board (GSSB) are excited to announce the first set of GRI Standards open for review in 2017 - GRI 303: Water and GRI 403: Occupational Health and Safety. Stakeholders with expertise in these areas can apply now to participate in the development process.
When it comes to communicating impact, there are a number of ways to do it. Creating an impact calculator, sharing data in real time or using social math are just a few tactics. Yet, when it comes to helping donors understand impact, a personal story can go a long way – and the more authentic the better. Now, one nonprofit organization is showing impact on the ground with real, unedited beneficiary stories.
The Center for Financial Inclusion at Accion (CFI), the Institute of International Finance (IIF) and MetLife Foundation, together with the International Finance Corporation (IFC) as a technical partner, announced today a two-year initiative to help advance the financial services industry’s ability to reach unserved and underserved populations.
Holland America Line launched three new commuter “ships” Monday, Jan. 9, that will run on the Sound Transit Light Rail System in Seattle. The trains, which are wrapped to resemble Holland America Line’s newest ship, ms Koningsdam, will cruise the tracks through April 2017, when the summer cruise season to Alaska begins from the Port of Seattle.
Nov. 15, 2016 marked a historic day for the forestry sector in Indonesia and for timber legality efforts globally. Indonesia became the world’s first country to export forest products licensed under the EU’s Forest Law Enforcement, Governance and Trade (FLEGT) Action Plan. This means that Indonesia’s forest products now automatically meet the strict requirements of the EU Timber Regulation, designed to prohibit illegal timber products from entering the EU. This milestone is particularly gratifying to me. As a member of the SCS Forest Conservation Program for more than a decade, I know first-hand the environmental and social costs of illegal forestry practices... https://www.scsglobalservices.com/blog/indonesia-becomes-worlds-first-country-to-export-forestry-products-under-eus-strict-timber
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