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KeyCorp named one of world's 100 most sustainable companies

By Amy Thomas in Company News, Industry Trends Posted February 18, 2019

KeyCorp business man leaf in pocketKeyCorp, parent company of Key Equipment Finance, was recently named one of the world’s most sustainable companies by Corporate Knights, a research firm that produces rankings and financial product ratings based on corporate sustainability performance.

Key4Green impact

Key is one of only four U.S. based banks to make the list this year. Key is ranked #51 on the Global 100 list, driven by its sustainable practices, renewable energy portfolio, and gender diversity on its board and in its executive leadership ranks.

"This is a significant recognition of KeyBank’s long-term commitment to corporate responsibility. Operating responsibly is a priority for our company and critical to our success. Most important is that we manage our business and operations in concert with our employees, our clients, our communities and our environment."
Andrew Watterson, head of sustainability, KeyCorp

Sustainability measurement

Corporate Knights released its 15th annual list of the world's 100 most sustainable corporations in the world following a rigorous analysis of some 7,500 companies worldwide with $1 billion or more in revenues. Companies are screened using publicly available data on a number of different and sustainability criteria, including sustainability disclosure practices, financial health and investor returns and product categories and behavior.

Just a few of the factors that went into KeyCorp’s inclusion on the 2019 100 Most Sustainable Corporations were:

  • Environmental sustainability efforts
  • The diversity of Key’s board and leadership
  • Robust renewable energy portfolio
Through these and other efforts, KeyBank extends its sustainability practices into products and services and its purpose to help clients and communities thrive.

Clean Energy finance

Many businesses can benefit from green initiatives, and KeyCorp and Key Equipment Finance know how to assist them.

Before launching an energy-efficiency initiative, it’s important to build a solid business case and understand the funding options and potential incentives that are available. For example, one major benefit for a broad range of customers is reduced energy bills through facility enhancements, such as solar, HVAC, lighting and equipment.

In addition, manufacturers in the clean energy space can enhance their customer benefits by working with an equipment finance partner to provide customized solutions in solar and other distributed energy categories, among other benefits.

Learn more about Key4Green here:

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