Big banks told by investors to speed up fossil-fuel divestment
Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.
Citigroup
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GFANZ members under fire over fossil fuel financing
A new report highlights that banks and financial institutions part of the Glasgow Financial Alliance for Net Zero (GFANZ) are still heavily invested in fossil fuels despite their climate pledges.
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Big banks told by investors to speed up fossil-fuel divestment
Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.
GFANZ members under fire over fossil fuel financing
A new report highlights that banks and financial institutions part of the Glasgow Financial Alliance for Net Zero (GFANZ) are still heavily invested in fossil fuels despite their climate pledges.
US Federal Reserve launches climate risk pilot for 6 major banks
Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo will be asked to explore different climate scenario impacts on parts of their businesses.
UK pensions taskforce to address social impact risk
A new taskforce led by new Under-Secretary of State at the Department for Work and Pensions (DWP) Guy Opperman will help pension schemes address the risks and seize the opportunities of the “social” element in ESG investing. These include issues ranging from workforce conditions, pay equality to supply chains and consumer protection.