Major US and Canadian banks are being asked by shareholders and climate action groups to take action on global net zero targets by reducing their lending to the fossil fuel industry, and to set and publish interim emissions reduction targets for 2030.
Goldman Sachs Sustainability News
The circular economy is seeing a renaissance of Product-as-a-Service (Paas) offerings which will be pivotal in solving net zero challenges and limiting biodiversity loss, according to Goldman Sachs (NYSE:GS). This is not just about recycling, analysts stressed, providing examples of companies providing Paas across various industries.
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.