Amalgamated Financial Corp 2023 Sustainability Report
Company: Amalgamated Financial Corp
Sector: Finance & insurance
Country: United States
Year: 2023
Type: Sustainability Report
Pages: 64
The report describes Amalgamated Bank's 2023 progress on climate action, including a validated target to reduce total Scope 1, 2, and 3 emissions by 49% by 2030 and a net-zero ambition across all activities by 2045. Its operational inventory reports 72.0 MTCO2e of Scope 1 emissions, 675.0 MTCO2e location-based Scope 2 emissions, and 5,541.0 MTCO2e of Scope 3 emissions. The bank reports 100% renewable energy use in direct operations, 425 employees, and 58.12% female representation in its total workforce. It also completed B Corporation recertification, raising its overall B Impact Score to 155.3.
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