Economic Gender Gap Narrows, But More Work Remains - Seite 2

• The Technology group's relationship with Girls Who Code to inspire girls and young women to consider careers in computer science and information technology
• Sponsorship of an exhibit that celebrates the artistry, entrepreneurial spirit and strive toward financial independence of South African women
• The Tax Credit Solutions Group's $161 million fund that will develop and rehabilitate 1,700 affordable rental housing units across 10 states to provide homes for survivors of domestic violence ² and senior citizens¹ - two populations dominated by women
• Three consecutive years of support for the Women in Payments' USA Unicorn Challenge to advance fintech entrepreneurs
• A collaborative effort, WPO Perspectives, supporting the growth of the Women Presidents Organization, a peer-to-peer mentoring organization accelerating the growth of companies owned and run by women

Increasing Access to Capital

We're also working to address the economic gender gap through our support of the global nonprofit Coralus (formerly SheEO), which provides zero-interest loans and an ecosystem of support to women entrepreneurs.

In 2022, PNC covered the cost for 100 entrepreneurs to join the Coralus ecosystem. In addition, PNC's support of Coralus helps increase awareness of the organization's no-interest loan program. Last year, 25 percent of the entrepreneurs who applied to Coralus heard about the program from PNC. One of those was a Chicagoland business, Neighborly Hands, which was selected to receive a loan.

This year, a cohort of 100 entrepreneurs will be selected to join the Coralus community through the PNC Bank + Coralus Collective. Visit pnc.com/coralus to learn more.

We believe that all of these actions large and small can add up to big impact. And our intention is to keep working for change until the economy is no longer being held back by an economic gender gap.

Foto: Accesswire

View additional multimedia and more ESG storytelling from The PNC Financial Services Group on 3blmedia.com.

Contact Info:
Spokesperson: The PNC Financial Services Group
Website: https://www.3blmedia.com/profiles/pnc-financial-services-group
Email: [e-mail]

SOURCE: The PNC Financial Services Group

View source version on accesswire.com:
https://www.accesswire.com/795063/economic-gender-gap-narrows-but-more ...


The PNC Financial Services Group Stock at the time of publication of the news with a fall of -2,05 % to 113,3EUR on NYSE stock exchange (20. Oktober 2023, 20:01 Uhr).