SUPERIOR, CO. – Nov. 10, 2015 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced it is a winner of the Go-Tober smart commuting challenge by Way To Go, a program of the Denver Regional Council of Governments to reduce single occupancy vehicle use. Winners received a $10,000 paid mass media prize.
“Sustainability is an important component of Key’s overall corporate responsibility, so we are excited to see our smart-commuting employees recognized as Go-Tober champions,” said Lori G. Frasier, senior vice president, strategy and performance management, Key Equipment Finance. “It is our employees who live out our mission to help our clients and communities thrive, and reducing pollution and traffic congestion benefits everyone.”
Key Equipment Finance competed in the Go-Tober “Going Strong” category with 99 of its more than 200 employees logging alternative commutes, resulting in:
§ 1,106 trips logged
§ 18,837 miles logged
§ 6.3 tons of CO2 reduced
§ $8,674 saved
The Go-Tober effort was led by Key Equipment Finance’s Project impACT internal sustainability and wellness committee, which organizes and promotes a variety of employee and community giving activities throughout the year.
“This couldn’t have been possible without the hard work, dedication and team work from our employees,” said Paige Yungstrom, who leads Project impACT.
KeyCorp has been recognized nationally for its sustainability efforts. The company’s concept of sustainability goes beyond its own operations to include a vision for a sustainable community. This includes both the responsible management of the company’s operations and business processes to drive efficiency, and the creation of products and services that contribute to reducing resource consumption and to investments that support a sustainable economy.
Key Equipment Finance offers equipment financing and business leasing solutions to a range of business types and industries. Learn more at www.keyequipmentfinance.com. For more information about Key’s commitment to corporate responsibility, please visit the company’s 2014 corporate responsibility report here.
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 41 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.
Key Equipment Finance’s specialty finance group includes a specialty finance lending team, which provides structured facilities to various sectors of the specialty finance market, and a lease capital markets team to support corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages $9 billion in assets and originates $4.8 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
About KeyCorp
KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation’s largest bank-based financial services companies, Key had assets of approximately $95.4 billion at Sept. 30, 2015.
Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 12 states under the name KeyBank National Association. 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.