Corporate Social Responsibility
Our ESG programs and metrics
Amalgamated Bank: America's socially responsible bank
Since 1923, Amalgamated Bank has been empowering those companies, organizations and individuals leading the charge to make our world more just, compassionate and sustainable. Social responsibility is embedded in our history, our policies, our products, our programs, our operations and our culture.
In October, 2019, Amalgamated Bank formed a CSR Committee whose purpose is to support our ongoing commitment to environmental performance, health and safety, corporate social responsibility, corporate governance, sustainability and other public policy matters relevant to the bank. It is on this site, that we will publicly communicate those initiatives, policies and measurements relating to our ESG goals.
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Why Amalgamated?
400+
employees
60%
of workforce are women or people of color*
99 years
of making a difference
Putting our mission into action
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banking industry
Officially one year into the COVID-19 pandemic and erratic state-by-state lockdowns, we continue to question what a “new normal” will look like for our country. We know that a return to old ways of doing business isn’t viable for the health of our planet and communities and that we have a responsibility to radically reimagine how we do business.
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racial justice
Today, Amalgamated Bank announced its endorsement of HR 40, which is calling upon the Federal Government to form a Commission to explore reparations for African Americans. As of now, we are the first major U.S. bank to endorse HR 40, but are hopeful we are not the last.
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LGBTQ+ justice
Amalgamated Bank was founded almost 100 years ago to create a diverse, inclusive, and egalitarian community for labor workers. These tenets of our founding are elevated again today as we proudly announce that the Human Rights Campaign Corporate Equality Index (HRC CEI) has designated Amalgamated Bank “One of the Best Places to Work” in 2021.
* As of September 30, 2019