Big Banks Are Funding the Climate Disaster
Paul Polman, BankFWD partner and Rockefeller Foundation trustee, on the importance of corporations holding banks accountable for their unsustainable financing. Link to article
Bank climate pledges in doubt after U.S. giants sit out agreement
Link to Politico article
The 41 Things Biden Should Do First on Climate Change
Link to article (paywalled)
BankFWD Statement on the 5th Anniversary of the Paris Agreement
Today marks the 5th anniversary of the signing of the Paris Accords, the first and only global agreement to establish a framework for immediate actions and long-term strategies to mitigate climate change. To achieve the goals of the Agreement requires an immediate end to fossil fuel expansion, and a rapid transition of the existing carbon-based …
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Rockefeller heirs call on banks to stop lending to fossil fuel companies
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Growald, who is a grandson of former Chase Manhattan CEO David Rockefeller, noted that JPMorgan is the starting point since the bank is by far the largest fossil fuel lender. “There’s a very …
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