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Amalgamated Bank First United States Bank to Receive Approval of Net Zero Targets
Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) and a mission-driven, full-service commercial bank that empowers organizations and individuals to advance positive social change, today announced approval by Science Based Targets initiative (SBTi) of its net zero targets.
Amalgamated Bank Commits to Net Zero Targets by 2045
Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) a mission-driven full-service commercial bank that empowers organizations and individuals to advance positive social change, today announced formal targets to achieve 49% reductions in 2030 and net zero greenhouse gas emissions in its financing and operations by 2045—five years ahead of the 2050 global deadline for net zero emissions, as stated by the UN Intergovernmental Panel on Climate Change.
Statement from President & CEO, Priscilla Sims Brown, Regarding the NEC Climate Finance Report
Today, Amalgamated Bank released a statement from President and CEO Priscilla Sims Brown in response to the report from Brian Deese, Director of the National Economic Council and Gina McCarthy, National Climate Advisor. The report produces a full government framework and plans for addressing climate risk and ensuring stability for our communities, our financial system, and the federal government.
Amalgamated Bank Helps Launch Net Zero Banking Alliance
Amalgamated Bank today announced that it is a founding member of the Net Zero Banking Alliance, part of the Glasgow Finance Alliance for Net Zero. Amalgamated played a key role in the formation of the Alliance.
Amalgamated Bank Launches 100% Fossil Fuel Free Portfolio
Amalgamated Bank, America’s socially responsible bank, today announced the launch of their 100% Fossil Fuel Free Portfolio.
Amalgamated Bank Completes Merger with New Resource Bank
Amalgamated Bank, America’s socially responsible bank, today announced it has completed its merger with New Resource Bank.
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