Impact Investing CSR News

KeyBank Provides a Total of $49.7 Million in Financing for Colorado Affordable Housing Development

Eaton Street Apartments will help revitalize the neighborhood and provide critical, quality affordable housing for low-income families
Press Release

CLEVELAND, May 16, 2018 /3BL Media/ — KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors to support the new construction of Eaton Street Apartments, a 118-unit affordable housing development in Westminster, CO. Specifically, KeyBank provided a $24.8 million construction loan, a $14.1 million LIHTC equity investment and a $10.8 million Fannie Mae permanent loan. Jefferson County Housing Authority is a Special Limited Partner.

Morgan Stanley Announces New Commitment to Finance $250Bn in Low-Carbon Solutions by 2030

Commitment includes clean-tech and renewable energy financing, sustainable bonds and other low-carbon solutions
Press Release

NEW YORK, April 24, 2018 /3BL Media/ – Morgan Stanley (NYSE: MS) today announced a new commitment to provide $250Bn in low-carbon financing by 2030. Contributing to this commitment are the Firm’s activities in clean-tech and renewable energy financing, sustainable bonds and other transactions that enable low-carbon solutions. As companies, governments and institutions transition to a low-carbon economy, Morgan Stanley views low-carbon financing as a win-win for business and the environment.

Rebuilding Together Announces [Re]Build, Cause Marketing Campaign to Accelerate Support to People and Communities in Need

New national movement launched to address the urgent need to repair substandard housing and strengthen communities
Press Release

WASHINGTON, D.C., April 24, 2018 /3BL Media/ – Rebuilding Together, the leading home and community revitalization national non-profit organization, today announced the launch of [Re]Build, a grassroots movement to repair homes and revitalize communities across the country.

News From the Capital Markets

Article

Investors and governments are increasingly pushing for more transparency regarding the non-financial impacts of business. GRI welcomes these developments, and seeks to support companies in understanding and applying policies that enable sustainable finance performance.

In this new series, GRI will share updates on the latest developments from capital markets in Europe and the world, and how it is interacting to promote and enable change. 

​Around the world

ClearBridge Impact Report Highlights ESG Integration and Engagement

Annual Impact Report outlines ClearBridge Investment’s efforts in public company engagement over the past three decades
Press Release

NEW YORK, April 10, 2018 /3BL Media/ ClearBridge Investments, LLC has published its 2017 Impact Report, “Making an Impact through Active Equity Ownership.” ClearBridge has been engaging with public companies to campaign for improvement on environmental, social and governance (ESG) issues for more than three decades. This report outlines the evolution of ESG investing at the firm and how, as active shareholders, ClearBridge measures its impact on the companies it owns across its strategies.

MetLife Foundation and Verb Launch Competition to Improve Financial Health in the U.S.

Press Release

NEW YORK, April 9, 2018 /3BL Media/ – MetLife Foundation and Verb announced today the launch of Inclusion Plus in the United States as part of a global competition for entrepreneurs, nonprofits and other social impact organizations focused on addressing the financial health needs of low- to moderate-income people.

GRI and Colombo Stock Exchange in Partnership for Better ESG Reporting

Article

On 5 April 2018, GRI and the Colombo Stock Exchange (CSE) signed an agreement to foster effective sustainability performance and communication among listed companies. This partnership will see the two organizations collaborate to conduct workshops, seminars and training among representatives of listed companies. 

KeyBank Provides $38.5 Million in Total Financing for the Construction of Affordable Housing in New York

Press Release

CLEVELAND, April 4, 2018 /3BL Media/ — KeyBank Community Development Lending and Investment (CDLI) has provided a total of $38.5 million to Ida Yarbrough Phase II LLC, an entity owned by Albany Housing Authority (AHA), for the new construction of Ida Yarbrough Homes. The 76-unit, affordable housing property is located in Albany, NY and will set aside 12 apartments for households at risk for homelessness.

How Barclays Is Increasing Access to Financial Services to Boost Societal Progress

Multimedia with summary

In 2017 over 4.8m people took action to protect themselves from online fraud as a result of our Digital Safety campaign.

The challenge: Inclusive financial systems are key to achieving economic and societal progress.

Our ambition: We are keen to play a leading role in increasing access to financial services. We are doing this in two ways: through the creation of targeted and accessible products and services, and by enhancing financial and digital skills.

Barclays Promotes Access to Green Finance

Multimedia with summary

In 2017 Barclays was the first bank to issue a green bond using UK assets.

The challenge: Access to financing is necessary to fund crucial social and environmental infrastructure, whilst giving us opportunities in growing markets.

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