Impact investing

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.

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.

“Impact” seems to find itself at the head of many investment product titles. Financial institutions are quickly learning that their customers increasingly care more about the impact investments have on the environment and broader society.

Amalgamated Source

Amalgamated Bank (Nasdaq: AMAL) announced today that Ivan Frishberg has been appointed as the Director of Impact Policy for the bank, effective immediately.

Amalgamated Source

Amalgamated Bank, America’s socially responsible bank, today announced the launch of their 100% Fossil Fuel Free Portfolio.

Amalgamated Source

New website highlights need and educates institutional investors about the benefits and opportunities of investing funds with diverse asset managers

Amalgamated Source

Progressive bank supports ongoing program to teach and empower young women to learn critical financial management skills

Amalgamated Source

Commits to 100% Renewable Energy, Will Become Second Largest Net-Zero Energy Bank; Steps Affirm Bank as an Industry Leader on Climate Change; Challenges Industry to Follow Lead and Make Important and Lasting Changes

“When I do good, I feel good. When I do bad, I feel bad. That's my religion.”
–Abraham Lincoln

These stirring words were spoken by arguably the greatest leader in the history of our nation; a man whose bold thinking incited perhaps the greatest progressive revolution of all time; a man who so cherished the sacred principles of freedom and justice for all, of equal rights for every man, woman and child, he gave his life for that greatest cause.