Corporate and social responsibility
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.
For nearly 100 years, Amalgamated Bank has fought for a more just and sustainable world. As a bank founded by a union of immigrants, Amalgamated has long considered itself the bank for the people, advocating for workers and immigrant rights while offering unique financial services and banking solutions catered to the needs of marginalized groups.
Protection of fair and free elections is a cornerstone of our democracy. The fight for freedom and rights, or any changes to our institutions, our legislation, and policies all starts with voting. In a true democracy, every vote counts.
Today, I am proud to share that Amalgamated Bank has been named the official social responsibility partner of the Women’s National Basketball Players Association (WNBPA), a first-of-its-kind partnership to promote social justice reform.
Please read Ivan Frishberg’s letter, Director of Impact Policy at Amalgamated Bank, to ShareAction, outlining the details of Amalgamated’s work which demonstrates the leadership and action commensurate with the scale of the climate risk before us.
Dollars deposited at Amalgamated are directly lent out to impact businesses that take corporate social responsibility seriously. Amalgamated’s impact lending strategy is steeped in our values to build a more just and sustainable world. The clients we serve are values-aligned organizations that we’re proud to do business with and support their efforts to make the world a better place. Today, we’d like to share the story of Namasté Solar, one of our solar lending clients focused on bringing clean energy to Colorado.
Officially one year into the COVID-19 pandemic and erratic state-by-state lockdowns, we continue to question what a “new normal” will look like for our country. We know that a return to old ways of doing business isn’t viable for the health of our planet and communities and that we have a responsibility to radically reimagine how we do business.
Today, Amalgamated Bank announced its endorsement of HR 40, which is calling upon the Federal Government to form a Commission to explore reparations for African Americans. As of now, we are the first major U.S. bank to endorse HR 40, but are hopeful we are not the last.