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Blog Archives: September 2020

The Role of Banks in Fighting Climate Change: Decarbonizing the Bank Lending Sector

September 29, 2020
Edie Farwell, Confluence Philanthropy
From September 21 to 27, participants from businesses, governments, not-for-profit entities, and interested individuals from around the globe participated in the world’s largest climate summit of 2020, Climate Week NYC. Over 400 events took place throughout the week, framing a diversity of conversations around resilience, rebuilding from the coronavirus pandemic, the pursuit of a net zero future, and the critical challenges we will face over the next decade. Confluence Philanthropy addressed these challenges by highlighting and exploring the ...

Morgan Stanley's big step for values based banking

September 18, 2020
Ivan Frishberg, Amalgamated Foundation
Morgan Stanley’s announcement that they are joining the Partnership For Carbon Accounting (PCAF) is evidence of the gradual shift in the banking sector towards meaningful climate action. It is also a big victory for values based banking and for all those clients and customers who have decided to put their money where their values are. Almost two years ago, Amalgamated Bank announced that we would work with other North American banks to develop a ...

Finding My “Tribe” in an Unexpected Place

September 08, 2020
Matthew Patsky, Trillium Asset Management
Most middle-school-aged children are focused on their small life bubble: impressing their friends with their new sneakers or making sure they do their math homework on time. When I was young, I realized that I was a little different from most children. Instead of coming home from work yielding comic books, my father, who worked in a factory near our hometown of Enfield, Connecticut, would grab The Wall Street Journal from the reception area of his workplace, as we couldn’t afford a subscription. He would bring it home so I could sift through ...