This year on Equal Pay Day, women are facing the dual burden of gender-based pay discrimination and increasing inflation. On average, American women not only had to work until today to make as much money as men after earning 82 cents on the dollar last year¹, but their earnings also did not go as far due to rising inflation. After the “she-cession”, a term coined to describe unequal impact of the pandemic-related business restrictions that fell heaviest on industries that employ women at higher rates than men, women now struggle against “she-flation.”

Amalgamated Bank has long been an advocate for fossil fuel divestment, having pledged not to invest or lend to fossil fuel companies more than 5 years ago. The Fossil Fuel Free Portfolios managed by Amalgamated Investment Services contain mutual funds and ETFs that have been rigorously screened and attained perfect scores for fossil fuel divestment per environmental watchdog As You Sow.

Today, we’d like to share the story of one of our clients that is addressing our broken criminal justice system and truly enriching the community they serve. Social Imprints is a mission-driven business that provides second-chance opportunities for most of its staff. The company is a promotion products vendor for many of the nation’s leading tech companies, based in San Francisco, California.

For years, Amalgamated Bank has been a passionate advocate for social, racial, environmental, and economic justice. We’ve used our platform repeatedly to speak out about issues of injustice specific to different marginalized communities and advocate for a better world.

September is Life Insurance Awareness month. If the ongoing COVID-19 pandemic has taught us anything, it’s to plan ahead and prepare as much as possible for the "worst case scenarios.”