Month: March 2024

KeyBank and the KeyBank Foundation announced an investment of $150,000 in Columbus-based Homeport, aimed at bolstering its Housing Advisory Services (HAS) program.

HAS is an evidenced-based, HUD-certified education and counseling program for low- and moderate-income individuals and families in managing finances, building wealth and purchasing a first home. It is available to residents and the public. Homeport’s strategy is to assist more families living paycheck-to-paycheck as they are most vulnerable to the impacts of job loss, health, transportation and other factors. The program is expanding down payment assistance and lease option homeownership to support low-income Black and minority homebuyers on the journey to homeownership.

“KeyBank’s purpose is to help the communities we serve thrive, and accessibility to homeownership resources is a crucial element,” said Lara DeLeone, KeyBank Central Ohio Market President. “We are excited to partner with and support Homeport, helping to connect Central Ohioans to industry experts and resources in the homeownership arena. This partnership will not only strengthen our community, but it will provide equitable access to jobs, education, healthcare and more.”

“KeyBank’s generous investment directly underwrites our strategic priority to expand household equity for Black people, people of color, and low- to moderate-income buyers,” said Homeport President and CEO Leah Evans. “A key element of that is ensuring that homeownership is not just accessible, but sustainable. Homebuyer education is the number one foreclosure prevention tool and prepares our clients for the ups and downs of homeownership, ensuring that we create opportunities that last and empower people to build generational wealth.”

Since Homeport’s inception in 1987, it has given greater security, opportunity and dignity to thousands of low-income people by building quality, affordable homes, primarily financed with private investment leveraged by Federal tax credits. The non-profit also develops new and renovated single- and multi-family homes designed to catalyze neighborhood revitalization, including market-rate homes, single-family, and lease-to-purchase homes.

Each year, Homeport equips thousands of Central Ohioans with the foundational skills needed for successful home ownership. Through group classes and one-on-one coaching, Homeport provides direction and training in key areas such as the home buying process, setting a budget, and avoiding foreclosure, with the goal of providing the tools everyone needs to be long-term stewards of a home.

KeyBank has supported the Homeport since 2000.

ABOUT KEYCORP

KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $188 billion at December 31, 2023.

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

ABOUT HOMEPORT

Homeport is the largest nonprofit developer of affordable housing in Central Ohio. Having served the area since 1987, Homeport owns 2,931 affordable rental apartments and homes in 46 communities. Our 6,529 residents, families and seniors, can access a broad range of services ranging from after school programming to emergency assistance for rent and utilities. Homeport partnerships also link our residents to food, furniture and employment assistance as well as medical and mental health services. Homeport is a leading provider of homebuyer education and budget and credit counseling for Central Ohio.

DES MOINES, Iowa, March 1, 2024 /3BL/ – Principal Financial Group® has been named as one of America’s Most JUST Companies by JUST Capital for 2024. This award recognizes Principal® for its commitment to serving its workers, customers, communities, the environment, and shareholders.

“Our inclusion on the list of America’s Most JUST Companies demonstrates our commitment to integrity and living out our core values as we work to expand access to financial security for people and businesses,” said Dan Houston, chairman, president, and chief executive officer at Principal. “It’s great to know we’re aligned to the issues that matter most to our stakeholders.”

For the annual rankings, JUST Capital collects and analyzes corporate data to evaluate the 1,000 largest public U.S. companies across 20 Issues identified through comprehensive, ongoing public opinion research on Americans’ attitudes toward responsible corporate behavior.

“American capitalism has to work for more Americans. For this to happen, the private sector, and especially big corporations, must take the lead in creating value for all their stakeholders,” said JUST Capital CEO Martin Whittaker. “That’s exactly what the JUST 100 are doing. They show that just business is better business.”

Methodology & Scoring

The top 100 companies – the JUST 100 – are determined by scoring performance across the full range of criteria and comparing companies head-to-head. JUST evaluated 937 companies across 5 stakeholders, 20 Issues, and 236 raw data points to produce the 2024 Rankings, featuring the JUST 100 and Industry Leader lists.

About Principal Financial Group
Principal Financial Group® (Nasdaq: PFG) is a global financial company with nearly 20,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping approximately 62 million customers1 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the 2023 World’s Most Ethical Companies® by Ethisphere2, a member of the Bloomberg Gender Equality Index, and a “Best Places to Work in Money Management3.” Learn more about Principal and our commitment to building a better future at principal.com.  

 1 As of December 31, 2023   
2 Ethisphere, 2023    
3 Pensions & Investments, 2022  

About JUST Capital
The mission of JUST Capital, an independent nonprofit, is to demonstrate how just business – defined by the priorities of the public – is better business. Our goal is to help companies create value for all their stakeholders – their workers, customers, communities, the environment, and shareholders – by focusing on the issues that matter most to Americans. To date, we’ve polled more than 170,000 Americans on the issues they believe companies should prioritize when it comes to just business behavior, and those insights guide our work. We believe that business and markets can and must be a force for the greater good and that by shifting the resources of the $21.6 trillion private sector, we can drive competition to build a better future for all. Our research, rankings, indexes, initiatives, and new offerings like the JUST Jobs Scorecard help track, analyze, incentivize, and scale corporate stakeholder performance. JUST Capital publishes the annual list of America’s Most JUST Companies, the JUST 100, in partnership with CNBC. To learn more, visit: www.JUSTCapital.com.

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.​ ©2024 Principal Financial Services, Inc.

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Cascale was founded with the goal of scaling collective action throughout the consumer goods industry, and now we’re one step closer to realizing this vision. In our latest blog post, Rick Ridgeway, co-founder of Cascale, reflects on our history, progress, and outlook for the future as we embark on a new phase of positive impact. You can read more about Cascale’s journey in our blog post titled, Rick Ridgeway: How We Got Here.