Goodwill® Rising Together™ Initiative Announces New Partnerships with Accenture, Bank of America, Comcast Internet Essentials, Lowe’s and USAA to Increase Access to Careers for More than One Million People by 2025

Goodwill, the leading nonprofit provider of job training and placement services in North America, today announced five new partners — Accenture, Bank of America, Comcast Internet Essentials, Lowe’s and USAA — are joining its Rising Together™ initiative, expanding its reach and impact. While the U.S. economy continues to improve, the recovery has not been equitable. Rising Together™ is connecting people, particularly those who traditionally faced barriers to sustainable, well-paying jobs, to ensure they have access to a wide range of resources. These resources include skills training, job placement, transportation and…

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Major investors come on board to tackle inequality through Growth Impact Fund

Bank of America and Access – the Foundation for Social Investment have come on board as major backers of the upcoming Growth Impact Fund, a potential £25M social investment fund being developed by UnLtd, Big Issue Invest and Shift. The potential fund, which will only be available to professional investors, aims to tackle inequality and promote racial justice by being built around the needs of entrepreneurs historically locked out of social investment, as highlighted by the recent Adebowale Commission on Social Investment. The potential fund will offer flexible and patient…

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Six Global Financial Institutions Chart a Flight Path to Decarbonizing Aviation

Six top lenders to the aviation sector — Bank of America, BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale and Standard Chartered — have announced that they will partner with RMI’s Center for Climate-Aligned Finance to help decarbonize the aviation sector through the formation of the Aviation Climate-Aligned Finance Working Group. The Working Group aspires to create a collective climate-aligned finance (CAF) framework that defines common goals for action for aviation sector decarbonization. The CAF framework is a commitment by participating financial institutions to annually assess and disclose, consistent with…

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Bank of America Mobilized and Deployed $250 Billion in Sustainable Finance Capital in 2021

Bank of America has announced that it mobilized and deployed approximately $250 billion in sustainable finance activity for 2021, an all-time high and a significant increase over 2020 levels. As part of Bank of America’s $1.5 trillion by 2030 sustainable finance goal announced last April, the company has made tremendous progress towards mobilizing and scaling capital deployment to drive environmental and social change in line with the 17 United Nations Sustainable Development Goals. “Our sustainable finance strategy permeates every aspect of how we deliver for our clients, employees and communities,…

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Bank of America Increases Environmental Business Initiative Target to $1 Trillion by 2030

Bank of America has announced a goal of deploying and mobilizing $1 trillion by 2030 in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable economy. This commitment will anchor a broader $1.5 trillion sustainable finance goal by both environmental transition and social inclusive development purposes, spanning business activities across the globe. “The private sector is well-positioned to ensure that the capital needed – at the scale it is needed – can drive the transition to a low-carbon, sustainable economy,” said Bank of America Vice…

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