Sierra Club joins groups in sending letter to Treasury Secretary Janet Yellen
Proposed SEC Rule Should Not Substantially Increase Compliance Costs for Most Fortune 1000 Firms
Advocacy groups applaud principles for recognizing climate change threatens financial stability
Federal Reserve, FDIC, OCC finalize revisions to law but fail to address banks' climate impacts
Reclaim Finance tracker reveals that banks globally simply do not have basic policies, financing targets needed to support decarbonization
Agency’s Final ESG Disclosure Rule Expected This Fall
Agencies likely to issue final rule following Federal Reserve, FDIC board meetings on October 24
Bank is lead financial advisor in $59.5B deal despite committing to reach net zero by 2050
Final rule excludes key provision on ESG labeling, which should be addressed soon in additional rulemaking process
US Department of Treasury Publishes Principles for Financial Institutions’ Net-Zero Transition Plans
Agency fails to provide detailed guidance for robust implementation of climate commitments