Federal Reserve, OCC, FDIC withdraw principles published in 2023
sustainable-finance
Information will be updated regularly as pensions change their guidelines
Joint letter to global financial regulators comes on 10-year anniversary of 'Tragedy of the Horizon' speech
California chapter representative testifies at pension board meeting in September
Principles urge major investors like public pensions to direct capital toward real-world decarbonization, community resilience, and green jobs
Administration to dismantle climate committees despite systemic threats to U.S. financial stability
Directive prioritizes polluting corporations over financial safety of working Americans
Sierra Club calls move ‘serious overreach’ of democratically approved law
Republican-dominated commission tells federal court it won’t defend rule as litigation proceeds
Rules require financial institutions to adopt fossil fuel transition policy
Move follows pattern of rollbacks limiting oversight and regulation of Wall Street
Move follows 3+ years of engagement between foundation, asset manager