Statements

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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BankFWD EPA Statement

BankFWD Responds to the Supreme Court’s Ruling on EPA vs West Virginia The EPA’s Clean Power Plan would have given the financial sector a powerful lever to hold the fossil fuel and energy companies in their portfolios accountable for meeting critical energy transition milestones. Tweet June 30, 2022 The Supreme Court’s decision to severely limit …

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