Sustainable Finance & Socially Responsible Investment

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KeyBank Expands Capabilities to Support CDLI Growth

KeyBank Community Development Lending & Investment (CDLI) announced today that it has hired five new underwriters to support work across its growing business. The CDLI platform brings together balance sheet, equity and permanent loan offerings to finance the preservation and development of affordable housing and other community development projects. Keven Ruf, Stephanie Curtis, Laura Janosko, Derek Reed and Michelle Kennedy bring expertise in community development, real estate development and tax credit financing from public and private sector experience.

Aligning Faith and Finances

Aligning Faith and Finances is an important topic with hundreds of years of history in the Socially Responsible Investing (SRI) community. Today millions of people are aligning their investments with their sincerely held beliefs and values. I've always found stewardship important from personal finances to the planet we call home. How do you align your money with your morals?

Duke Energy Utility Issues Historic $1 Billion Green Bond Offering

Duke Energy Carolinas, a subsidiary of Duke Energy (NYSE: DUK), has completed its inaugural issuance of $1 billion in green bonds that will finance eligible green energy projects – including zero-carbon solar and energy storage – in North and South Carolina. This represents one of the largest green bond transactions issued by a utility.

Medtronic Delivers Significant Progress on Global Corporate Citizenship Efforts

Medtronic Citizenship 2018 Integrated Performance Report shows improvement on environmental stewardship and diversity aspirational goals

Supporting the Largest Habitat for Humanity Development in Colorado

About two years ago, Wells Fargo team member Michael Dunn had an idea. While speaking to team members in Community Development in Denver, he asked if the company had ever sponsored an entire house with local affiliate Habitat for Humanity of Metro Denver. Nothing came of the conversation at the time, but the Community Development team asked him about it last year. This time, the idea became reality.

Leading Sustainability Reporting Bodies Launch Two-Year Project for Better Alignment

Launched during the World Congress of Accountants 2018, Corporate Reporting Dialogue participants committed to driving better alignment of sustainability reporting frameworks, as well as with frameworks that promote further integration between non-financial and financial reporting.

Humana Foundation Invests $1.16 Million in Tampa Bay and Broward County, Fla. through Strategic Community Investment Program

The Humana Foundation is investing $1.16 million to address social determinants of health in two Florida communities – Tampa Bay and Broward County. This is in addition to a $820,000 Humana Foundation grant in Jacksonville, funding a University of Florida program to promote social connections and food security in local seniors.

America’s Charities Launches New Way to Give Back Just in Time for the Giving Season

Just in time for the holiday season and #GivingTuesday (known as the international day of giving), America’s Charities, which inspires employees and organizations to support causes they care about, unveiled their new Quick Start Solution today. Meant for employers who want to support their employees and the communities in which they work, the Quick Start solution is easy to set-up, effortless to use, and offers a turn-key solution for employers who don’t have a ton of time or resources to invest in their CSR efforts.

Strengthening GRI’s Leadership: New Members Join GRI’s Board

The Global Reporting Initiative is welcoming three new directors to the GRI Board, reinforcing GRI’s positioning in key regions and constituencies. Ms. Bekeme Masade-Olowola, Mr. Jack Ehnes, and Dr. Jianzhong Lu, will join the GRI Board of Directors for a first 3-year term on 1 January 2019.

KeyBank Finances New Development of Mixed-Use Property Serving the Homeless and Individuals with Sensory and Mobility Impairments

KeyBank Community Development Lending & Investment (CDLI) provided Cook Inlet Housing Authority (CIHA) $6.9 million in combined construction-to-permanent loan financing for the development of Elizabeth Place Apartments, along with $5.8 million in LIHTC equity. Elizabeth Place Apartments will be a mixed-use project in downtown Anchorage, AK with commercial space and 38 units of affordable housing for those earning between 50 – 60% area median income (AMI). The project will also have 12 market rate units.

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