Finance
Supporting responsible business and causes with the goal of a more sustainable future.
Understanding Blended Value
Another thought-leader in redefining value is Jed Emerson. In 2000, grounded the emergent field of impact investing, he introduced “blended value” – value that is a blend of economic, environmental and social factors, where maximising value requires taking all three elements into account.
KeyBank Invests $10 million in Detroit's Housing for the Future Fund to Help Preserve and Create Affordable Housing
KeyBank Community Development Lending and Investment (CDLI) is investing $10 million toward the creation and preservation of affordable housing in the city through the Detroit Housing for the Future Fund (DHFF)
Blackstone Launches Sustainable Resources Credit Platform
Firm Intends to be a Global Leader in Providing Sustainable Finance Solutions for
Companies Driving the Energy Transition
Risk Management Association, Top U.S. and Canadian Banks Form Consortium to Tackle Climate Risk
The Risk Management Association (RMA) announced today that 19 leading banks have formed the RMA Climate Risk Consortium (“The Consortium”), which will develop standards for banks to integrate climate risk management throughout their operations
Invenergy Announces Approximately $3 Billion Investment from Blackstone Infrastructure Partners to Accelerate Renewable Development Activities
Blackstone Inc. announced that funds managed by Blackstone Infrastructure Partners have entered into a definitive agreement with CDPQ and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC.
Morgan Stanley Launches Initiative to Advance Equity in Education and Career Outcomes for Underrepresented Groups
Morgan Stanley announced the launch of the Institute for Inclusion’s (IFI) Equity in Education and Career Consortium.
Private Equity Propels Top ESG Hires Into 7-Digit Pay League | Featuring Ian Povey-Hall, Acre
According to headhunters, a growing number of ESG specialists are now being propelled into a completely different income bracket from the one they inhabited just a few years ago. That’s as the market for ESG assets hurtles past $35 trillion.
KeyBank Foundation Invests $25,000 to Help Food Bank of Central New York Fight Hunger
The KeyBank Foundation is making a $25,000 grant to the Food Bank of Central New York. This investment is part of KeyBank’s $40 billion National Community Benefits Plan, which helps communities reach social, economic and racial equity
Fifth Third's Community Development Lending and Investments Group Funds More than $500 Million in 2021 Projects
The financing provided for over 6,000 units of new & preserved housing for low- & moderate-income people. In addition, over 6 loans & investments went to development projects that will provide jobs & services for communities in the Bank’s footprint.
Sustainable Finance: How PNC Helps Clients Achieve ESG Goals
Sustainable finance at PNC continues to evolve, from its first green bond in 2019 to an inaugural social bond in 2021 & commitment to mobilize $20 billion in environmental finance as an extension of the company’s $88 billion Community Benefits Plan.