Ropes & Gray Supports Sustainable Businesses Through Green Banking Program

In The News
December 20, 2024

Ropes & Gray is proud to partner with Citizens Bank to support environmentally beneficial activities through the Sustainable Deposits program. The firm’s Money Market account earns a competitive interest rate while supporting loans to businesses involved in renewable energy, energy efficiency, green buildings, and affordable housing. For every dollar deposited in the account, an equal amount is held in an eligible lending portfolio to support green goals. The loans to eligible green businesses must meet standard bank credit and other requirements. 

Ropes & Gray has been involved with the program since March 2024.