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GreenFin Conference 2023

Put your money where your mouth is by banking green(er) Banking on Your Values When we deposit our money with a bank, those banks use our dollars to finance loans to other companies and collect interest. Where our banks lend our money matters and has consequences for personal and for companies’ carbon footprints. 24% of …

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AGM Season & the Reemergence of Common Bank & Climate Myths

Debunking JPMorgan Chase’s Misleading Claims from its 2023 Letter to Shareholders JPMorgan Chase CEO Jamie Dimon’s annual letter to shareholders ahead of its annual general meeting is a masterclass in myths about what banks can and should do to reduce climate change and secure their bottom lines.  1. There’s a trade-off between climate action and …

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BankFWD at COP27

Money in the Bank: The Central Role of Corporate Finance & Baking for Meeting Climate Goals Corporate cash is not climate neutral. Every company has a financial supply chain that generates emissions that companies must work to decarbonize. Where companies invest and where they bank generates emissions through the financial system and can produce more …

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Wall Street Banks Weaken the Top Climate Authority for Banks

QUARTZ by Tim McDonnell Banks Can’t Stomach Genuine Climate Targets A Much-Lauded Climate Alliance for Financial Institutions Launched a Year Ago is Already Falling Apart   At last year’s COP26 climate summit in Glasgow, one number grabbed a lot of headlines: $130 trillion, the sum total of assets managed by global financial institutions that had committed …

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Wall Street Banks Weaken the Top Climate Authority for Banks

JPMorgan, Bank of America, Morgan Stanley and Other Big Banks Weaken the World’s Top Climate Authority for Banks with Cascading Consequences for Clients The Net-Zero Banking Alliance’s decision to overrule science-informed membership requirements allows banks to continue benefiting from the reputational advantages of their net-zero commitments without accountability for ending the fossil fuel policies that …

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