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 …
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 …
Wall Street Banks Weaken the Top Climate Authority for Banks Read More »
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 …
Wall Street Banks Weaken the Top Climate Authority for Banks Read More »
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