KeyCorp Named One of World’s 100 Most Sustainable Companies
CLEVELAND, January 29, 2019 /3BL Media/ - KeyCorp (NYSE: KEY) has been named one of the world’s most sustainable companies by Corporate Knights, a research firm that produces rankings and financial product ratings based on corporate sustainability performance. Key’s is ranked #51 on the Global 100 list, driven by its sustainable practices, renewable energy portfolio, and gender diversity on its Board and in its executive leadership ranks. Key is one of only four U.S. based banks to make the list this year.
“This is a significant recognition of KeyBank’s long-term commitment to corporate responsibility,” said Andrew Watterson, Head of Sustainability, KeyCorp. “Operating responsibly is a priority for our company and critical to our success. Most important is that we manage our business and operations in concert with our employees, our clients, our communities and our environment.
Corporate Knights released its 15th annual list of the world's 100 most sustainable corporations following a rigorous analysis of some 7,500 companies worldwide with $1 billion or more in revenues. Companies are screened using publicly available data on a number of different and sustainability criteria, including disclosure practices, financial health and investor returns, and product categories and behavior. Corporate Knights Inc., based in Toronto, Ontario, includes the business and society magazine Corporate Knights, CK Research, and the Council on Clean Capitalism.
Several of the factors that went into KeyCorp’s inclusion on the Global 100 include environmental sustainability efforts, the diversity of Key’s Board and leadership, and a robust renewable energy portfolio. Through these and other efforts, KeyBank extends its sustainability practices into products and services and its purpose to help clients and communities thrive. Additional information and data on Key’s corporate responsibility efforts can be found in the most recent Corporate Responsibility report.
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $139.6 billion at December 31, 2018. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of over 1,100 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.