Even as we have worked to address climate change over the past decade, it is clear that even our most ambitious goals are not enough to stop dangerous climate trends.
Since the inception of trade, the most important part of investment management strategy has been the singular focus on yielding good financial returns.
We’re told from the moment we start working that the responsible thing to do is to set money aside and “plan for your future.” For many people, this means making regular contributions into an IRA or employee-sponsored 401(k) plan. These investments, if managed appropriately, are designed to be your “nest egg” into retirement and beyond.
The U.S. federal government has announced its intention to pull the United States out of the Paris Climate Agreement. Bad idea, sure, but maybe not the monumental setback in the fight against climate change that is feared by so many.
Sustainability and a commitment to protecting the environment are important to Amalgamated Bank and the communities we serve. So, it was natural for us to testify last month before the Council of the District of Columbia to support the Green Finance Authority Establishment Act, which would bolster financial support for sustainability programs in Washington D.C.