Conventional sustainable investing isn’t suited to cut real-world emissions; investors must use their full influence to protect long-term portfolio value
sustainable-finance
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
Sierra Club calls on other investors to hold asset managers accountable on climate
Move comes three months after state received B grade in annual Sierra Club report
Comptroller Brad Lander announces pension systems have surpassed interim emissions reduction targets
Sierra Club Calls Move a ‘Dangerous Retreat From Investor Protection’
Move Raises Concerns About Growing Systemic Financial Risks
Sierra Club calls move cowardly and shortsighted