As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
Aligning the capital markets more directly with the urgent needs we face as a society to halt environmental destruction and reverse decades of worsening inequality must be our priority for 2018. Alignment needs to occur at every level, across the global markets. Despite the tremendous efforts behind the Paris Climate Accord, formalization of the United Nations Sustainable Development Goals and a long history of other efforts to change the course of climate change and inequality, we are not making nearly the progress needed. The 1,700 signatories to the United Nations Principles for Responsible Investment, which represent $70 trillion of assets and a wave of press about environmental, social and governance-oriented investing, have not gotten us on track.
Our social responsibility efforts focus on our employees, customers and our local communities. We engage with customers to create relevant and innovative products. Across our operations, we focus on the safety, well-being and expertise of our employees, and we routinely work to connect and contribute in our local communities.
How tax reform has fallen victim to the culture that can subsume decent men on Wall Street, where everything—a deal, a job, a house, even a marriage in some cases—gets reduced to and commodified as a “trade”.
As part of Bechtel’s commitment to contribute 100 ideas to support the United Nation’s 2030 Sustainable Development Goals (SDGs), this case study examines how text analytics can help advance a business case for the SDGs in terms of investment, project opportunity or risk management. Countries benefit from more strategic business investments, projects or programs that can advance a country’s SDG implementation process.
Barclays has become the first UK bank to launch a range of green finance products to help its corporate clients fund low-carbon projects and investments.
It’s the season of gratitude and a time to celebrate the impact of 2017. Whole Planet Foundation wants to acknowledge the achievements of our microfinance partners’ field officers, who are often the main point of contact between a microfinance organization and the entrepreneurs financing their businesses with microloans. In 2014 we piloted a new Field Officer Appreciation Award in the Africa & Middle East region of our work and this year, the foundation awarded its fourth year of awards to nominated field officers. In total, this region currently includes 28 partner institutions.
KeyBank Community Development Lending & Investment (CDLI) has provided a $4.4 million Fannie Mae loan to Mt. Vernon Associates, LP, to renovate Greencourt Apartments, a 76-unit, multifamily affordable apartment complex in Mount Vernon, NY, with 59 units reserved for tenants earning no more than 60% AMI.
KeyBank Community Development Lending & Investment (CDLI) has provided an $8.2 million credit enhancement for the construction of Roosevelt Residences, located in Utica, NY. The project is being developed by Norstar Development USA, L.P., and the Municipal Housing Authority of the City of Utica, NY.
As sustainability leaders from around the world gather at the One Planet Summit, we’re reminded of the urgency of the climate crisis and inspired by those who, together, are rising to meet the challenge head on.
Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
