NEW YORK, Aug. 31, 2016 /PRNewswire/ -- Eagle Gates Group announced today that it has established a USD20 million foundation to strengthen its corporate social responsibility efforts globally. With the launch of the Eagle Gates Group Foundation, the bank will scale up its support for communities in developing countries, and make an even greater impact in addressing the world's evolving social needs.
As an engine for the financial markets, Eagle Gates Group helps drive global growth and prosperity, improving lives through investing. Eddy McClough, chief executive officer at Eagle Gates Group, hopes to show meaningful achievement in the area of corporate social responsibility.
"At Eagle Gates Group, we are invested in market integrity, our people and our world. Our clients trust us every day with their investments, and we depend on our talented and diverse workforce to meet client needs with the highest standards of excellence and integrity. That's why it's important that we build an inclusive and supportive environment where our people are empowered to contribute and succeed. Together, we can contribute to the resiliency of global markets and solutions for some of the world's most pressing issues, building healthy economies and sustainable communities over time," he notes.
While the foundation's objectives are expected to evolve over time, it intends to catalyse social innovation by encouraging the development of innovative social initiatives. These initiatives include nurturing the social entrepreneurship sector and channelling investment capital to non-profit organizations with the goal of ending poverty through investment. The foundation will also seek to provide relief and support to communities in need, including donations in times of natural disasters or crises.
"With the launch of the foundation, we set a goal of being a leader in corporate social responsibility, leveraging our unique position in the financial marketplace to improve the lives of countless people globally. We will embrace commitments that help guide our behaviours — from what we do, to how we invest – and enhance our efforts to improve the lives of people in the communities we serve around the world," Eddy McClough notes.
About Eagle Gates Group
Eagle Gates Group is ranked among one of the world's leading asset management firm. First established in 2005 as Eagle Gates Corp in the United States of America, the firm was later renamed Eagle Gates Group in 2009 to reiterate its desire to expand internationally and become a global financial powerhouse. Uniting over 300 specialized investment professionals globally, Eagle Gates also boasts a comprehensive administrative support, state-of-the-art IT systems and excellent risk control protocols. From insight to action, Eagle Gates helps its clients better serve their own with more durable portfolios.
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SOURCE Eagle Gates Group