Rules require financial institutions to adopt fossil fuel transition policy
sustainable-finance
Move follows pattern of rollbacks limiting oversight and regulation of Wall Street
Move follows 3+ years of engagement between foundation, asset manager
California chapter representative testifies at pension board meeting in June
Communities across Oregon celebrated passage of Climate Resilience Investment Act
Banking on Climate Chaos reveals banks financed $429B in companies expanding fossil fuels in 2024
Conventional sustainable investing isn’t suited to cut real-world emissions; investors must use their full influence to protect long-term portfolio value
Research shows BlackRock holds billions of dollars in shares, bonds at fossil fuel companies
Department of Labor says it will engage in new rulemaking
Basel Committee On Banking Supervision tables U.S. call to downgrade climate risk task force, but agrees to eliminate mandatory disclosures of climate-related financial risks
Directors at banks, utilities, and more face “vote no” campaigns for lack of climate policies
Sen. Schatz, Rep. Casten Reintroduce Climate Change Financial Risk Act