Date of Publication: Mar 01, 2021

Author: Christopher Marquis

Summary:

Amalgamated is the first publicly traded financial institution that is a public benefit corporation (a“PBC”), showing the bank’s commitment to creating public benefit and sustainable value, in addition to generating profit for shareholders.

Link to Full Reading:

https://www.forbes.com/sites/christophermarquis/2021/03/01/companies-show-rising-support-for-public-benefit-corporate-governance/