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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.
Enriching the San Francisco community and the story of Social Imprints
Today, we’d like to share the story of one of our clients that is addressing our broken criminal justice system and truly enriching the community they serve. Social Imprints is a mission-driven business that provides second-chance opportunities for most of its staff. The company is a promotion products vendor for many of the nation’s leading tech companies, based in San Francisco, California.
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.
Honoring Hispanic Heritage Month: the story of Mixteca
Today, we’d like to highlight the work of our client Mixteca, a community-based non-profit organization in Sunset Park, established in 2000 by a group of concerned community members to address critical needs in health, education, social and legal issues facing the burgeoning Mexican and Latin American immigrant community in Brooklyn.