Does it really matter if a bank is socially responsible? Who cares what the bank does with your money, just as long as it is there when you need it? We care. At Amalgamated Bank, we believe banking – and the entire financial sector for that matter – must be responsible for its social and environmental impact.
Today, we became the first bank in the United States to endorse the United Nation’s Principles for Responsible Banking. The Principles for Responsible Banking provide the framework for the sustainable banking system of the future.
Amalgamated Bank (Nasdaq: AMAL) today announced that it has endorsed and committed to aligning its business to the United Nations Environment Programme Finance Initiative’s Principles for Responsible Banking, making it the first U.S.-based bank to do so.
At the end of every year, people often take time to reflect on the year that was and what can be done to improve in the year ahead. The slate is wiped clean and resolutions are made, often complete with gym memberships, diet plans or book clubs.