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Corporate Responsibility snapshot: Key advances sustainable economy

By Amy Thomas in Company News, Community Posted May 28, 2018

KeyBank is creating a more sustainable economy through products and services that support green buildings, energy efficiency, high efficiency vehicles, and renewable energy. In addition, Key’s Energy Efficiency and Renewables team helps businesses of all kinds achieve sustainability – whether directly to businesses through energy upgrades that improve efficiency, reduce waste, and minimize the impact on the environment, or as a financing partner to renewable energy providers and their clients.

Key4Green partner highlight

GreenEarthEnergy_DJI_0575Through its partnership with KeyBank through the Key4Green program, Green Earth Energy PV – a solar industry leader in Massachusetts and Connecticut – is providing value not only to its commercial customers, but also for its nonprofit clients. For more than two years, Green Earth Energy has worked with KeyBank to assist more than a dozen nonprofit entities with infrastructure and renewable energy improvements, including rooftop solar installations that harness power from the sun. Partnerships with businesses such as Green Earth Energy maximize the impact of KeyBank’s sustaina bility initiatives, which include investing in renewable energy and helping customers reduce their environmental footprint.

Renewable energy

Since 2007, KeyBanc Capital Markets has been investing in renewable power generation in the United States. KBCM also provides services to clean technology firms in the smart grid, energy management, and pollution control sectors. Key is one of the largest U.S. bank lenders to the wind and solar sectors and a national leader in renewable energy investments. In 2017 alone, KBCM added more than 3.4 GW of capacity to its portfolio of investments. As of the end of 2017, Key had financed more than 22.8 GW of renewable energy capacity and had $3 billion currently committed to the sector. KBCM’s portfolio is part of a diverse portfolio of energy and utility investments that advances a responsible approach to energy development.

Responsible operations

Operating responsibly is a priority for our company and critical to KeyBank’s success. Key manages its operations in concert with its employees, clients, communities, and environment. A significant element of operating responsibly is through Key's sustainability strategy, which leverages the interests of its employees and clients to drive business results. Key’s employees are encouraged to integrate sustainability goals into their daily roles and to use corporate responsibility to help make long-term business decisions. 

Here's more on KeyCorp's corporate responsibility, as of 2017:

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