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The inaugural report outlines Forbright’s approach to laying a strong ESG foundation across Forbright Bank’s operations, loan selection, and capital allocation processes with all of its stakeholders in mind — its investors, employees, customers, communities, and the environment.
During 2021, Forbright Bank became the seventh U.S. bank to sign the United Nations Principles for Responsible Banking and set an ambitious goal to dedicate half of its portfolio to sustainable finance by 2025.
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Five-year plan focuses on supporting equitable access to capital for low- and moderate- income communities and communities of color.
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Venture Capital Firm, Small Business Lender, Impact Investor Advantage Capital Teams Up with NMSDC Business Consortium Fund to Introduce, Unveil the Empower the Change Fund
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The Ethisphere Institute recognizes U.S. Bank for the eighth consecutive year.
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The Women’s National Basketball Association (WNBA) announced today that U.S. Bank will become a WNBA Changemaker through a new multiyear relationship with the league. WNBA Changemakers is a collective of purpose-driven companies that harness their power to elevate women in sports and support the league’s mission around advancing diversity, equity and inclusion. As a supporter of the league, U.S. Bank will serve as the Official Bank of the WNBA. U.S. Bank will also become the official bank of fut
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World-Leading Tennis Sponsor to Activate a Number of Environmental and Social Equity Initiatives
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New fund will help to close racial wealth gap by investing in entrepreneurs of color
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SOURCE: KeyBank DESCRIPTION:CLEVELAND, November 19, 2021 /3BL Media/ – KeyBank is celebrating the legacy of former KeyCorp Chairman CEO Beth E. Mooney with investments in two local institutions, the Cleveland Clinic and Cleveland State University. The gifts, totaling $2 million, honor Mooney and her unwavering commitment to diversity, equity, and inclusion. $1 million to the Cleveland Clinic ASPIRE Program: The ASPIRE program provides minority high school students with career information, skills
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The company also sets goal to source 100% renewable electricity by 2025 and sets an environmental finance goal of $50 billion by 2030
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Year One Results Outpace Plan to Deliver on the Three-Year Commitment
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Impressive nationwide cohort featured 10 Black and Latinx female entrepreneurs
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Funds will support projects focused on racial equity and closing the racial wealth gap
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PledgeLA to convene task force to address systemic pay inequities and raise non-equity funding for Black & Latinx entrepreneurs
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The $30 million bond will support housing developers of color
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Landmark Investment to Be Utilized to Expand Portfolio of Largest Minority-Led Single Family Home Rental Owner and Help Increase Affordable Housing Opportunities
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The funds will go to African American Alliance of CDFI CEOs, Grameen America and LISC
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SOURCE: KeyBank DESCRIPTION:CLEVELAND, May 4, 2021 /3BL Media/ – KeyBanc Capital Markets (KBCM), the corporate and investment banking arm of Cleveland-based KeyCorp (NYSE: KEY), announced the expansion of its Utilities, Power Renewables Group through the addition of a six-person renewable energy investment banking team. This team has been a leading provider of strategic, merger and acquisition advisory services to the U.S. renewable energy industry and will further enhance and expand on KBCM’s le
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Grassroots organizations or individuals can submit an application now through May 15th to receive up to $100,000 in funding to fight injustice in their community
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U.S. Bank today announced $60,000 in additional support to Asian American and Asian Pacific Islander (AAPI) communities to combat biases and acts of violence. The U.S. Bank Foundation grants were distributed to AAPI organizations in Southern and Northern California, Atlanta, Seattle and the Twin Cities. “Violence and xenophobia against Asian American and Asian Pacific Islander individuals cannot be tolerated,” said Greg Cunningham, Chief Diversity Officer for U.S. Bank. “In continued support to
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Expansion will include actions to address racial justice and advocacy for people of Asian descent
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Second annual award recognizes the firm’s impact on advancing diversity in the legal profession
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U.S. Bank Access Commitment is a series of initiatives across the business to increase wealth building opportunities, starting with the Black community
Commitment includes $25 million microbusiness fund for women of color business owners
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Virtual event will celebrate the life and legacy of Dr. King, raise funds for UNCF Twin Cities.
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The Grants Will Assist Organizations in Louisiana and Arkansas
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The U.S. Bank Foundation fund supports leaders of color and addresses inequities, with initial $5 million going toward Twin Cities
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In response to the George Floyd tragedy and the resulting protests and civil unrest throughout the United States, U.S. Bank today announced several investments and initiatives to bridge social and economic gaps and enhance opportunity for people of color. Staying in the community In Minneapolis, where multiple sites were damaged or burned during the civil unrest, U.S. Bank will break ground as soon as possible so it can continue to support the Lake Street and North Minneapolis areas with banking
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The company is among the Top 10 across all industries in management quality, social responsibility and more
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Investment comes from Community Possible Grants and Corporate Contributions
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Freedom Alliance and U.S. Bank Hosting Simultaneous Donation Ceremonies in Ohio, Kentucky and Missouri, on Monday, November 11
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U.S. Bank recognized for its exemplary disability hiring and employment practices.
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Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank announces $8.2 million in Work grant investments. Funding supports several nonprofits across the country focused on workforce readiness, small business growth and financial wellness. “As a financial institution, we are focused on economic, community and workforce development,” said Kate Quinn, Vice Chair and Chief Administrative Officer for U.S. Bank. “Our goal is to work with ou
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First Midwest Bank, U.S. Bank, The Coleman Foundation, Robert R. McCormick Foundation, The Chicago Community Trust and Providence Bank & Trust Join JPMorgan Chase and Fifth Third to Make New $3.6 Million Investment
In One Year, the Initiative Has Made Over 130 Loans in Chicago to Create More Economic Opportunities for Entrepreneurs of Color
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U.S. Bank scored 100 on the Disability Equality Index (DEI) and has been named a “Best Place to Work for Disability Inclusion” by the American Association of People with Disabilities (AAPD) and Disability:IN. This is the second time U.S. Bank has been recognized for its efforts to ensure an inclusive workplace for people with disabilities. “When we hire employees who bring diverse perspectives and abilities to the table, we become a better company,” said Andy Cecere, chairman, president and CEO.
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Grants to Fund Recreational Play Spaces, Arts and Culture
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U.S. Bank also places on specialty lists for Employee Resource Groups,
Philanthropy and Top Companies for LGBT Employees.
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Event benefits over 800 local nonprofits
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Starbucks New Approach to Renewable Energy Investments Directly
Benefits Local Community
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U.S. Bank for the 12th time in a row earns
100 percent on Human Rights Campaign Foundation’s Annual Scorecard on
LGBTQ Workplace Equality.
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The Ethisphere Institute recognizes U.S. Bank for the fifth
consecutive year.
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Bank of America Merrill Lynch Community Development Banking (CDB) provided a record $4.7 billion in loans, tax credit equity investments and other real estate development solutions, surpassing last year’s record financing of $4.53 billion. It deployed $3 billion in debt commitments and $1.7 billion in new equity investments to help build strong communities by financing affordable housing, charter schools and economic development across the United States. These efforts are part of the company’s c
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More Companies Join United Way Worldwide’s Effort to Help Furloughed
Workers
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A beautiful Mass was celebrated with 12,000 Catholic School students at U.S. Bank Stadium! The @KofC hosted a great coat drive as a part of the event. #MOTHS18
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Company provides $6 million in Community Possible Play grants,
Work grants announced this fall
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Feb 26, 2018 11:45 AM ET - The NFL, in partnership with PepsiCo, Aramark, U.S. Bank Stadium, SMG and the Minnesota Sports Facilities Authority, scored a zero-waste legacy project at Super Bowl LII, with 91 percent of all trash generated on gameday from 67,612 fans responsibly...
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Feb 22, 2018 2:15 PM ET - The NFL, in partnership with PepsiCo, Aramark, U.S. Bank Stadium, SMG and the Minnesota Sports Facilities Authority, scored a zero-waste legacy project at Super Bowl LII, with 91 percent[1] of all trash generated on gameday from 67,612 fans...
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Feb 2, 2018 8:30 AM ET - The NFL, in partnership with PepsiCo, Aramark, U.S. Bank Stadium and the Minnesota Sports Facilities Authority, announced Rush2Recycle, a game plan to recover more than 90% - more than 40 tons - of stadium waste at Super Bowl LII on Sunday, Feb. 4...
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Feb 1, 2018 9:00 AM ET - Aramark is teaming with the NFL and PepsiCo, along with U.S. Bank Stadium partners, for a landmark sustainability project at Super Bowl LII – Rush2Recycle -- aimed to recover more than 90% -- more than 40 tons -- of stadium waste on game day. The...
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U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced investments today in its employees, the U.S. Bank Foundation and several strategic projects as a result of the tax reform package. Management has made the following decisions: A special $1,000 bonus for nearly 60,000 employees; Raising minimum wage to $15 for all hourly employees; A one-time $150 million contribution to the U.S. Bank Foundation; Enhancements to employees’ health care offerings effective for the 2019 enrollment peri
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$50 Million Capital Commitment Will Connect More Women Entrepreneurs
to Affordable Loans
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U.S. Bank announces its second round of Community Possible grants, donating $11.2 million in Work grants to nonprofits across the country focused on workforce development, higher education, small business development and financial education. U.S. Bank’s Community Possible corporate giving and engagement platform focuses on economic development through three pillars - Work, Home and Play. Earlier this year, the bank donated $6.6 million in grants focused on Play. To further its commitment to supp