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Priscilla Sims Brown, Amalgamated Bank [Video]

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Personal Branding

Illustration by Monica Ahanonu

Company: Amalgamated BankTitle: Chief Executive OfficerIndustry: FinancialsHometown: Philadelphia, PennsylvaniaNotable in 2023: Financed the fight against climate change, by seeking out investment opportunities in renewable energy and refusing to lend to fossil fuel industry.

As the blowback against ESG has intensified, big banks and some major asset managers have pulled back on their climate commitments. Bank of America recently reversed its position on lending to thermal coal companies, while JPMorgan, State Street and BlackRock pulled out of, or scaled back, their work with a major coalition of climate-focused investors. 

That’s not a club of suddenly more timid financial CEOs you’ll find Amalgamated Bank CEO Priscilla Sims Brown within. 

In 2023, the fossil fuel-free company doubled down on its net zero carbon emissions goals, refusing to lend to the fossil-fuel industry, seeking out investment opportunities in renewable energy, and working closely with local and federal officials to craft and pass pro-climate …

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