CIT recently partnered with Together We Rise as part of its annual CIT Cares Month to construct and donate 150 bikes for New York area foster kids.
"We are excited for the continued growth of the offshore industry in the US and are proud to advance a clean energy transition for the good of customers, local communities and the environment for generations to come.”
The United States Drug Enforcement Administration, the DEA Educational Foundation and Discovery Education awarded Porter Christensen of Pine View High School in Utah (Washington County School District), the grand prize for the annual Operation Prevention Video Challenge. Christensen’s public service announcement entitled “Waiting to Die” elicits the visceral experience of opioid misuse while taking viewers inside the mind of one teen’s decision making.
KeyBank has been named an honoree of The Civic 50 by Points of Light, the world’s largest organization dedicated to volunteer service.
Energy and sustainability expert Schneider Electric today announced it is working on a $24 million project to improve energy security, resiliency and efficiency across Fort Huachuca's facilities. The project will reduce energy costs at the U.S. Army installation by 23 percent annually, generating nearly $63 million in savings over 23 years.
Duke Energy has been powering South Carolina for more than a century, and continues to empower the minds of its students and the workforce of the future by investing in innovative education programs and initiatives. Emphasizing the importance of workforce development, literacy and science, technology, engineering and math (STEM), Duke Energy recently awarded more than $660,000 in grants to 16 programs across the Palmetto State.
Graduate students in Columbia University's School of International and Public Affairs program joined Barclays this spring in a commitment to help address stresses on the world’s freshwater supplies through a Capstone workshop. This was the fifth consecutive year Barclays hosted its work-study program with Columbia University students.
After spending more than twenty years as a Senior Portfolio Manager on Wall Street, Maria Spinelli decided to take a break. She found herself reenergized after her professional sabbatical and desired to return to the workforce, but contemplated whether to pursue a new career path or leverage her asset management expertise.
In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan. This means that CMS can reduce its interest rate on the new credit by meeting targets related to environmental responsibility, CMS says. Sustainability-linked loans are products that allow issuers to demonstrate their commitment to sustainability, according to Barclays.
In markets around the world, BNY Mellon is working to support clients in ways that have a positive impact on the environment and society, including by facilitating the issuance of green bonds. These securities are an innovative tool for driving capital to sustainable investment; in 2017, global green bond issuance totaled a record $155.5 billion, and volume could reach $250 billion to $300 billion in 2018, according to research from the Climate Bonds Initiative.