Philanthropy

CITGO and Rebuilding Together Houston Partnership Targets Hurricane Harvey Recovery

CITGO Petroleum Corporation is donating up to $6 Million to Rebuilding Together Houston with an immediate goal of repairing up to 300 homes in Houston.

Events

Citi Community Development Announces $2.6 Million Investment in Collaboration with 12 Municipalities and Regions, to Support Free Tax Preparation Services

Citi Community Development announced today a $2.6 million investment to support free tax preparation services for eligible workers in major cities and regions across the country. Launched on National Earned Income Tax Credit Awareness Day, the investment will support municipal efforts to expand awareness, access and capacity of Volunteer Income Tax Assistance (VITA) sites during the 2018 tax season. Citi Community Development’s investment aims to help local organizations complete over 230,000 tax returns, resulting in approximately $191 million in tax refunds during the 2018 tax season. Citi also announced that volunteers from the bank will serve as tax preparers in VITA sites across the New York City region.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $16.6 Million in Total Financing for New Affordable Housing in Pittsburgh

KeyBank Community Development Lending & Investment (CDLI) has provided $16.6 million in total financing for Allegheny Dwellings Phase I. The first of three phases, Allegheny Dwellings Phase I involves replacing existing public housing with 65 new mixed income units in Pittsburgh’s Fineview neighborhood. The Project will be developed by TREK Development Group, in partnership with the Housing Authority of the City of Pittsburgh.

Philanthropy

U.S. Conference of Mayors, Wells Fargo Announce 2018 CommunityWINS Grant Program

$3 million commitment over three years from Wells Fargo will support neighborhood revitalization, economic development and job creation in local municipalities.

Responsible Production & the Circular Economy

New Animation: GRI Competitive Business Program for SMEs

GRI's newly established Competitive Business Program is tailored to help SMEs to break into global value chains by improving transparency around their sustainability impacts. This two-minute animation will list the many benefits of corporate responsibility for SMEs, and how GRI can help them become more competitive.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $10.4 Million in Total Financing for Affordable Housing in Upstate New York

KeyBank Community Development Lending & Investment (CDLI) has provided a total of $10.4 million in financing to Ithaca Neighborhood Housing Services, Inc., for the acquisition and rehabilitation of Ithaca City Apartments, a 98-unit complex located in Ithaca, NY.

Inclusion & Opportunity

American Express Included in First Sector-Neutral Bloomberg Gender-Equality Index

American Express today announced that it is one of over 100 companies from ten sectors to join the inaugural 2018 Bloomberg Gender-Equality Index (GEI). Launched today, the reference index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings.

Awards & Rankings

104 Companies Included in First Sector-Neutral Bloomberg Gender-Equality Index

Over 100 companies from ten sectors headquartered in 24 countries and regions joined the inaugural 2018 Bloomberg Gender-Equality Index (GEI). Launched today, the reference index measures gender equality across internal company statistics, employee policies, external community support and engagement, and gender-conscious product offerings.

Philanthropy

Duke Energy's Commitment to Florida Communities Amplified by More than $5 Million of Grant Funding in 2017

Duke Energy is powering its communities with more than electricity. In 2017, the company invested more than $5 million in Sunshine State nonprofit organizations. The grants were awarded by the Duke Energy Foundation, which provides philanthropic support to address the needs vital to the health of its communities, with a focus on "K to Career" educational and workforce development initiatives, the environment and community impact.

Volunteering & Community

Rebuilding Together and Lowe’s to Restore Minneapolis Neighborhood During Super Bowl-Sanctioned Event

Rebuilding Together will host the 23rd annual community revitalization project, Kickoff to Rebuild, on Friday, February 2 leading up to Super Bowl LII weekend. This Super Bowl-sanctioned event will take place in the Tilsenbilt neighborhood of Minneapolis; the first neighborhood in Minneapolis to end housing discrimination in the 1950s.

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