Amalgamated Bank Joins The Solutions Project To Support Pursuit of 100 Percent Renewable Energy

NEW YORK – Amalgamated Bank and the Solutions Project are joining together to offer bank customers the chance to support a 100 percent renewable energy future by enrolling in the bank’s Donate the Change® program, the organizations announced today. When a customer uses his or her Amalgamated Bank Donate the Change Enhanced Debit Mastercard®, the bank will donate to The Solutions Project, offering customers a chance to support the creation of a more sustainable world just by using their Donate the Change debit card. Today’s announcement is part of the bank’s larger environmental initiative to reduce greenhouse emissions.  

“This program gives our customers yet another way to bank their values, and will accelerate the world’s ongoing transition to a completely clean and renewable energy future,” said Keith Mestrich, President and CEO of Amalgamated Bank. “We are proud to join with The Solutions Project to protect the future of our planet, and reaffirm our commitment as an institution to the creation of a more just and sustainable economy for all.”

“We’re excited to join forces with a financial institution committed to social responsibility and sustainable practices, and look forward to working with Amalgamated Bank to continue funding and supporting the development of new clean energy,” said Sarah Shanley Hope, Executive Director of the Solutions Project. “We are working to create a more inclusive and collaborative movement, and appreciate Amalgamated Bank’s commitment to helping us reach our goal of 100 percent renewable energy for 100 percent of the people.” 

For every qualifying debit card purchase of $10 or more that a customer makes with his or her Donate the Change debit card, Amalgamated Bank will donate 10 cents to the Solutions Project. In keeping with the bank’s mission to help those who do good, do better, the donations will help the organization’s grantmaking, storytelling and capacity building efforts. 

In addition to the donations made when customers use their Donate the Change debit card, Amalgamated Bank will make a one-time $5 donation to The Solutions Project for each customer who switches to paperless statements, in an effort to help convince customers to reduce their carbon footprints.

Amalgamated Bank announced in September it has set the goal of achieving net-zero energy consumption in 2017. The bank continues to develop new products and opportunities for clients and customers to utilize in order to reduce their own carbon footprints, and to help support the ongoing development of sustainable business practices around the world. 

About Amalgamated Bank
For nearly a century, Amalgamated Bank has been the most trusted financial institution for progressive people and organizations. By helping those who do good do better, we work to help make the world more just, compassionate and sustainable. Our extensive experience, financial resources and community of like-minded customers offers labor unions, philanthropies, political campaigns, socially and environmentally responsible corporations, as well as individuals, a unique set of financial services enabling them to lead the charge to improve our communities and our country.

About The Solutions Project
From our homes and smart phones to the electricity running our local grocery store, clean energy is not only possible – it’s already happening. Solutions Project accelerates the transition to 100% clean energy by championing a movement that is more inclusive, more collaborative, and more celebratory. Through storytelling, grant making, and capacity building, Solutions Project honors clean energy leaders, invests in promising solutions, and builds relationships between unlikely allies

Donate the Change^® is a registered trademark of Amalgamated Bank. Mastercard and the Mastercard Brand Marks are registered trademarks of Mastercard International Incorporated. © 2017 Amalgamated Bank. All rights reserved. Member FDIC. Equal Opportunity Lender.