Environmental sustainability

Amalgamated Source

Amalgamated Bank Becomes First Public U.S. Company To Add Environmental and Societal Commitments To Corporate Organization Certificate

Topics: 
environmental sustainability corporate and social responsibility

As part of its continued commitment to social responsibility and sustainability, Amalgamated Bank (Nasdaq: AMAL) today announced it will become the first U.S.-based publicly traded company and the first publicly traded bank across the globe to amend its Organization Certificate to formally recognize the value of business objectives that realize standards of sustainability and public good.

ESG products need to be open to pension funds

Topics: 
impact investing social justice environmental sustainability

The Department of Labor has issued a proposed rule that would make it even harder for pension funds to invest in ESG products. They are calling for a higher administrative burden that would effectively warrant ESG as an unlikely investment options. At Amalgamated Bank, we think this is wrong and oppose the DOL proposed rule.

Amalgamated Source

Renew Financial Closes Sale of $160 Million in Residential PACE Assets to Amalgamated Bank

Topics: 
green energy environmental sustainability clean energy

Today, Renew Financial announced the sale of $160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs of renewable energy, safety, and energy efficient home improvements at a fixed interest rate with flexible repayment terms. 

Amalgamated Source

New Columbia Solar and Amalgamated Bank Close $25M Loan to Support DC Solar

Topics: 
green energy environmental sustainability clean energy

New Columbia Solar ("NCS"), a commercial solar developer and operator in Washington, DC, today announced the closing of a $25M loan facility to support the financing of over $50M of solar photovoltaic projects in Washington, DC.

The lesson of corporate political power: why BlackRock’s announcement is important

Topics: 
corporate and social responsibility impact investing environmental sustainability

Yesterday, the world’s largest investment firm, BlackRock, took a big step in confronting the threat of climate change and announced that they would now be making investment decisions with environmental sustainability as a core goal in meeting their fiduciary obligation to clients.

Amalgamated Source

Amalgamated Bank Announces New Initiatives to Advance Commitment to Responsible and Sustainable Banking

Topics: 
corporate and social responsibility environmental sustainability Amalgamated Bank history

As part its ongoing leadership in social responsibility and sustainability, Amalgamated Bank (Nasdaq: AMAL) today unveiled a series of major steps in advancing its commitment to a more sustainable world.

Amalgamated raises B Corp score 28 points to 115

Topics: 
B Corp corporate and social responsibility environmental sustainability

For 96 years, social responsibility has been embedded into our products, policies, programs, operations and mission. So two years ago when we were recognized by B Lab as a company that meets their rigorous standards for social and environmental performance, accountability and transparency, it was an important third party endorsement.

Treat every day like it’s Earth Day

Topics: 
green energy clean energy environmental sustainability

Earth Day is a day to celebrate our planet.  Created in 1970, the day marks the birth of the environmental awareness and protection movement, an impact area at the cornerstone of Amalgamated’s mission.  

Amalgamated Source

Global Banking Leaders Join Amalgamated and Commit to Align Their Carbon Footprint with Paris Agreement

Topics: 
banking industry environmental sustainability Global Alliance for Banking on Values (GABV)

Global Alliance for Banking on Values (GABV) commits to work with its members to disclose the climate impact resulting from their portfolio of loans and investments within the next three years

Amalgamated Source

Amalgamated Bank Purchases $45 Million in Residential Property Assessed Clean Energy (PACE) Financings

Topics: 
corporate and social responsibility environmental sustainability B Corp

Loans enable over 2,000 California and Florida property owners to finance energy efficient projects for their homes