Bank takes modest steps on emissions targets, but fails to establish clear accountability measures for major polluting clients
President Biden signaled he will veto the measure, which Sierra Club called a ploy to prop up corporate polluters while threatening workers’ savings
Resolutions filed at major US, Canadian banks and insurance companies
Sierra Club re-emphasizes importance of rule to provide options for workers, retirees who want to ensure their fund managers consider climate risks
Groups send letters to House and Senate lawmakers in support of DOL rule
Second-largest asset manager in world withdrew from NZAM in December 2022
Sierra Club, partners submits additional comments as decision over climate rule looms
Advocacy Groups Call for Additional Safeguards in Federal Reserve Principles on Climate-Related Risk
Coalition of 68 groups submit letter during public comment period
Reps. Casten and Vargas announce new initiative
Resolutions call on top banks, insurance companies to make significant progress on climate goals