Companies today face intensifying pressures—from surging electricity demand and water shortages, to shifting policies and regulations, to a rise in megamergers. How companies handle these pressures matters to their bottom lines—and to shareholder value.
What happens when the cameras and first responders leave the Hurricane Harvey and Irma scenes? Donations dry up quickly and the media moves on to the next big story. Unfortunately, that’s when the people and communities affected by these storms get the least community support, but need it most.
As the devastating climate change-fueled impacts of Hurricane Irma continue to unfold, and the financial costs of Hurricane Harvey continue to escalate, a network of businesses is calling on the Trump administration to reinstate the Federal Flood Risk Management Standard, known as FFRMS.
The standard requires federal agencies to take into account current and future flood risks in investment decisions related to federally-funded buildings and infrastructure, ensuring they are built to withstand growing flooding threats.
TD Bank Group (TD) (TSX: TD) announced today that it closed on the issuance of a US$1 billion green bond, its first in US dollars and one of the largest green bonds ever issued by a bank. Initially targeting an issue size of US$500 million, the transaction was upsized to US$1 billion and almost 70% of the issue went to green investors.
Massachusetts businesses are calling on state lawmakers to support an increase of the state’s Renewable Portfolio Standard (RPS) to achieve 50 percent renewable energy supply by 2030.
Autodesk, Ikea, JLL, Legal Sea Food, and New Balance are among the businesses calling for more renewable energy in a letter delivered today to lawmakers. The call comes as Massachusetts lawmakers prepare for a briefing this week on several pieces of legislation that would increase the RPS.
JPMorgan Chase & Co. announced today that it is donating $1 million to aid the response to Hurricane Irma across affected communities in the U.S. and the Caribbean.
KeyBank Community Development Lending & Investment (CDLI) has provided a total of $13.7 million in financing to Swell LLC, for the construction of Turnagain Place in Anchorage, AK. The 29-unit apartment project will serve households earning 50% and 60% AMI, persons with disabilities and persons who have formerly experienced homelessness.
Black & Veatch, a leading engineering, construction and consulting company, and Renewable Energy Test Center (RETC), an engineering services, and certification testing provider for photovoltaic and renewable energy products, today announced the launch of a new energy storage bankability service. The bankability service reflects the growing need for advanced testing and assessments of products, processes and technologies supporting the fast-growing photovoltaics (PV) and energy storage markets.
Cargill has made its first ever sustainable premium payment by electronic transfer to cocoa farmers in Ghana. Just over 10,000 farmers are benefiting from the 2 million GHS mobile payments made by Cargill in partnership with its customers through the Cargill Cocoa Promise, Cargill’s commitment to improving the livelihoods of farmers and communities that will secure a thriving cocoa sector for generations to come.
About 70 to 80 percent of money donated in the wake of a disaster goes to immediate relief efforts. While those efforts are important, ensuring long-term support is crucial to effectively helping affected communities rebuild and fully recover.
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In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
