Advocacy groups applaud principles for recognizing climate change threatens financial stability
Federal Reserve, FDIC, OCC finalize revisions to law but fail to address banks' climate impacts
Reclaim Finance tracker reveals that banks globally simply do not have basic policies, financing targets needed to support decarbonization
Agency’s Final ESG Disclosure Rule Expected This Fall
Agencies likely to issue final rule following Federal Reserve, FDIC board meetings on October 24
Bank is lead financial advisor in $59.5B deal despite committing to reach net zero by 2050
Final rule excludes key provision on ESG labeling, which should be addressed soon in additional rulemaking process
US Department of Treasury Publishes Principles for Financial Institutions’ Net-Zero Transition Plans
Agency fails to provide detailed guidance for robust implementation of climate commitments
Treasury Secretary Janet Yellen is traveling to New York City on Tuesday for a series of events with the United Nations General Assembly during Climate Week. The events include a 2:45 p.m. roundtable with leaders of a range of financial institutions that “have committed to significant climate-related actions.”
Bill is the first of its kind in the nation to expand transparency in corporate emissions