Browsing: Climate

The number of shareholder proposals making it onto banks’ proxy statements is down sharply this year, reflecting a change in regulatory guidance and greater caution around…

UPDATE: This article includes information from a joint status report released Wednesday afternoon, and additional comments from Evergreen Action and Judge Tanya Chutkan.A federal judge barred Citi…

The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both in their portfolios and in their…

Burned trees from the Palisades Fire and dust blown by winds are seen from Will Rogers State Park, with the City of Los Angeles in the…

The Federal Reserve Board of Governors. Federal Reserve The Federal Reserve has withdrawn from the international policy group behind its recent push into climate scenario testing.In…

Fires are wreaking complete havoc in Los Angeles. Hurricanes and floods caused death and destruction from Florida to North Carolina last Summer. Extreme high and low…

Goldman Sachs Group signage on the floor of the New York Stock Exchange in New York on June 28, 2024. Bloomberg News Goldman Sachs Group is…

David Paul Morris/Bloomberg Although the six largest U.S. banks have committed to reaching net-zero emissions by 2050, they’ve fallen behind in executing on those climate pledges,…