Corporate Social Responsibility
Our ESG programs and metrics
Amalgamated Bank: America's socially responsible bank
Since 1923, Amalgamated Bank has been empowering those companies, organizations and individuals leading the charge to make our world more just, compassionate and sustainable. Social responsibility is embedded in our history, our policies, our products, our programs, our operations and our culture.
In October, 2019, Amalgamated Bank formed a CSR Committee whose purpose is to support our ongoing commitment to environmental performance, health and safety, corporate social responsibility, corporate governance, sustainability and other public policy matters relevant to the bank. It is on this site, that we will publicly communicate those initiatives, policies and measurements relating to our ESG goals.
We don’t just have a mission. We’re on a mission.
Keith Mestrich, the President and CEO of Amalgamated Bank
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Why Amalgamated?
400+
employees
60%
of workforce are women or people of color*
97 years
of making a difference
Putting our mission into action
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Amalgamated Bank history
Today, I am proud to announce that we are the first bank in the United States to increase our minimum wage to $20 an hour for all full-time employees. By raising our minimum wage, we are continuing to honor our roots in the labor movement and to do our part in creating greater access and opportunity for our workers and their families.
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B Corp
For 96 years, social responsibility has been embedded into our products, policies, programs, operations and mission. So two years ago when we were recognized by B Lab as a company that meets their rigorous standards for social and environmental performance, accountability and transparency, it was an important third party endorsement.
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corporate and social responsibility
Today, we became the first bank in the United States to endorse the United Nation’s Principles for Responsible Banking. The Principles for Responsible Banking provide the framework for the sustainable banking system of the future.
* As of September 30, 2019