Directive prioritizes polluting corporations over financial safety of working Americans
sustainable-finance
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
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