ESG News For Provident Financial Services, Inc.

New data shows Ford on track to achieve carbon neutrality no later than 2050 across its vehicles, operations and supply chain, and estimates that lifetime vehicle carbon dioxide emissions may be reduced by as much as 60% for consumers driving a Ford EV versus a similar internal combustion engine vehicleFrom 2017 to 2022, Ford reduced emissions from its manufacturing facilities by 40%; In 2022, 60% of the electricity the company used was carbon-freeFord has conducted 30 supplier audits along select critical mineral battery supply chains at all tiers to the mine site, and audited its nickel, lithium and cobalt due diligence management systems

Customers of seven CDFIs in Regions’ footprint will gain access to the bank’s ATM network free of charge.

In recognition of Asian American and Pacific Islander Heritage Month (AAPIHM), East West Bank today reaffirmed its continued commitment to the Asian American and Pacific Islander (AAPI) community. As part of its second-year pledge to the AAPI Giving Challenge, East West will donate upwards of $6 million to key nonprofits and initiatives supporting the AAPI movement for inclusion, equality, and justice.In 2021, East West Bank pledged $25 million to the AAPI Giving Challenge—a five-year commitment

Ties corporate credit lines to measured ESG goals, a first for a North America auto manufacturerDemonstrates financial market leadership in corporate transition away from LIBOR, with first large syndicated corporate loan priced directly off of SOFR

Upcoming programs around the area prepare residents to go back to school with confidence.

Ford today announced an additional equity investment in Solid Power for further development of solid-state vehicle battery technology, aiming to deliver longer range, lower cost and safer electric vehicles for customersThis investment builds on Ford’s 2019 investment, expanding the strategic partnership to test, pilot and scale solid-state battery cells and arrays and help accelerate their availability in future Ford EVsWith this investment round, Ford and the BMW Group are equal equity owners, and representatives from each company will join Solid Power’s boardBoth automakers also have separate joint development agreements with Solid Power to develop and test its battery technology so each can meet the independent engineering and manufacturing requirements of their respective future vehiclesFord’s newest Solid Power investment is in addition to the company’s previously announced $22 billion global investment in connected, electrified vehicles through 2025; it builds on Ford’s Tuesday announcement that it is creating a new global battery center of excellence

Wells Fargo has invested in 11 Minority Depository Institutions in 2021 as part of a $50 million pledge and a commitment to foster economic growth in Black and African American communities

A consortium of over 45 high-quality insurance companies, asset managers, banks, and ESG investors finance one of the largest capital offerings by a CDFI in U.S. historyThe Change Company achieved an investment grade A- rating from Egan Jones resulting in an oversubscribed and subsequently upsized offering that highlights strong demand by socially responsible investors The Change Company has successfully raised approximately $250 million in new capital over past six months in support of its community development missionThe Change Company to launch its key digital initiatives including digital loan originations, digital banking, and an online marketplace for CRA-eligible loans 

$1 billion initiative launched based on recommendations made by The Change Company’s Community Advisory BoardCoalition of 18 Banks provided over $80 million to finance the initiativeThe Change Company sponsored and published research conducted by Prosperity NOW with best practices for expanding homeownership in low income communities

The Change Company Names B.C. Silver President of Digital Banking

The Change Company Partners with Netflix to Expand Black Homeownership

CUTX Partners with Streetside Showers to Serve Suburban Homeless Population

IAT Insurance Group announces new program to help employees pay down student loan debt.

Celebrates 100th Year of Supporting the Military

Susan G. Komen and Ford Warriors in Pink® Come Together to Support Breast Cancer Patients Going Through Treatment and Facing Transportation Barriers

E*TRADE earns top marks for LGBTQ equality from the Human Rights Campaign Foundation with employee resource groups, comprehensive benefits coverage, and workforce protection

Ford Motor Company announces in its 19th annual Sustainability Report that it has achieved the company’s manufacturing emissions reduction goal eight years ahead of schedule The goal was set in 2010, aiming to reduce the company’s global carbon dioxide emissions from manufacturing operations by 30 percent per vehicle produced by 2025 Ford’s energy conservation work played a major role in achieving the goal eight years early, including paint and other process improvements, LED lighting, plant consolidations and new energy efficient facilities – and more

Protective Life Corporation, a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), has announced a new Paid Parental Leave benefit that aims to provide meaningful support, as well as financial stability, to parents welcoming a new child. With the new benefit, mothers and fathers of newborns and newly adopted children will be eligible for up to six weeks of Paid Parental Leave at 100% pay. Protective’s Paid Parental Leave benefit, wh

Ford Motor Company employees and dealers are working to help victims of Hurricane Irma rebuild their lives Ford Motor Company Fund will match employee and dealer contributions to the American Red Cross – up to $150,000 – to aid Hurricane Irma disaster relief efforts; this raises potential assistance from Ford to $300,000 Ford is extending a special “Florida Is Family” assistance bundle for customers whose vehicles were lost or damaged; this includes the same no-haggle, below-invoice price Ford employees and their families receive, with payments deferred until next year First responders in hurricane-affected areas are eligible to receive a special discount toward purchase of any Ford or Lincoln vehicle

Ford Motor Company, our employees and our dealers are working to help victims of Hurricane Harvey rebuild their lives Ford dealers and Ford Motor Company commit to raising more than $3.5 million in hurricane relief for affected communities, first responders, dealership employees and their families Ford Fund is contributing up to $500,000 to the American Red Cross, The Salvation Army and other agencies to assist with the relief effort Ford is extending a special “Texas Is Family” assistance bundle for customers whose vehicles were lost or destroyed; this includes the same no-haggle, below-invoice price as Ford employees and their families receive, with payments deferred until next year First responders in hurricane-affected areas are eligible to receive a special discount toward the purchase of any Ford or Lincoln vehicle

Complementing its 18th annual Sustainability Report, Ford Motor Company releases a film highlighting its sustainability journey over the past two decades The annual Ford Sustainability Report focuses on the company’s progress in addressing sustainability across the business, from climate change to ethical business practices within the supply chain As part of its continued water conservation efforts, Ford was the first automaker to join the Business Alliance for Water and Climate “Improve Water Security” initiative, a coalition dedicated to analyzing risks and implementing solutions to water issues around the world

NWFCU Foundation Presents Carvana Car to Raffle Winner; Proceeds Benefit Scholarship Program

Money donated as part of the credit union’s 70 Acts of We initiative