Bank, JPMorgan Chase, Methane, Bank of America, Bear Stearns, Finance

Are banks funding our extinction?

On Oct 29, 2020
@FSClub shared
Are banks funding our extinction? - Readers of my blog may have realised that, over recent years, I’ve https://t.co/aoC4HpE21C
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Readers of my blog may have realised that, over recent years, I’ve become a little bit passionate about saving the world. It’s our world. It’s the only one we’ve got. I’m quite keen to keep it here for that reason. Whilst coronavirus, disease and pandemics drive our thinking, we should …

thefinanser.com
On Oct 29, 2020
@FSClub shared
Are banks funding our extinction? - Readers of my blog may have realised that, over recent years, I’ve https://t.co/aoC4HpE21C
Open

Are banks funding our extinction?

Are banks funding our extinction?

Readers of my blog may have realised that, over recent years, I’ve become a little bit passionate about saving the world. It’s our world. It’s the only one we’ve got. I’m quite keen to keep ...

Banks lent $2.6tn linked to ecosystem and wildlife destruction in 2019 – report

Banks lent $2.6tn linked to ecosystem and wildlife destruction in 2019 – report

Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis finds

Shareholders Urge 5 Major U.S. Banks to Act on Climate

Shareholders Urge 5 Major U.S. Banks to Act on Climate

A coalition of investors — Walden Asset Management, Presbyterian Church USA, and First Affirmative Financial Network — led by shareholder advocate As You Sow recently filed ...

Big US banks say fossil fuel investments are dragging them down

Big US banks say fossil fuel investments are dragging them down

Lenders facing historic challenges say oil and gas investments are among their biggest problems.

Is Your Bank Financing Climate Catastrophe?

Is Your Bank Financing Climate Catastrophe?

Spoiler: Probably yes. If it's JP Morgan Chase, most definitely

IEEFA: From zero to fifty, global financial corporations get cracking on major oil/gas lending exits

IEEFA: From zero to fifty, global financial corporations get cracking on major oil/gas lending exits

20 October 2020 (IEEFA): Fifty globally significant financial institutions have introduced policies restricting oil sands and/or oil and gas drilling in the Arctic including 23 to date this ...

New Report Reveals Global Banks Funneled $2.7 Trillion into Fossil Fuels Since Paris Climate Agreement, with Financing on the Rise Each Year

New Report Reveals Global Banks Funneled $2.7 Trillion into Fossil Fuels Since Paris Climate Agreement, with Financing on the Rise Each Year

*** The organizations authoring the latest edition of this annual report want to acknowledge the extraordinary circumstances of this moment, given the terrible impacts of COVID-19 on lives, ...

Bio Logical

Bio Logical

Under pressure from investors and regulators, lenders have woken up to the financial risks of climate change. Activists are pushing for similar urgency in protecting the world’s variety of ...

Trump’s new coal policy is dangerous

Trump’s new coal policy is dangerous

How many more deadly and devastating wildfires, droughts, hurricanes, and floods does it take for our major banks to do what is truly necessary, and not just what gives them a veneer of ...

Why big banks are breaking up with some fossil fuels

Why big banks are breaking up with some fossil fuels

It's hard to disentangle how much is motivated by pressure or conscience.

American banks’ earnings are boosted by retail business

American banks’ earnings are boosted by retail business

Markets sparkled, but that’s not where the money was

Analysts Worried the Pandemic Would Stifle Climate Action from Banks. It Did the Opposite.

Analysts Worried the Pandemic Would Stifle Climate Action from Banks. It Did the Opposite.

The risks of climate change and pressure from investors is driving the finance industry to move away from fossil fuels and improve its transparency.

America’s 15 largest banks

America’s 15 largest banks

Even the smallest of these big banks has enormously deep pockets.

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

A report published today names the banks that have played the biggest recent role in funding fossil fuel projects, finding that since 2016, immediately following the Paris Agreement's ...

California's new lockdown could be brutal for the economy

California's new lockdown could be brutal for the economy

The state of California is shutting down again — a huge blow to the fragile recovery logged in recent months.

Banks won’t stop funneling billions of dollars into the fossil fuel industry

Banks won’t stop funneling billions of dollars into the fossil fuel industry

Bank financing for companies that are planning new coal, oil, and gas extraction increased 40% from 2018 to 2019, despite warnings that we need to stop burning these fuels.

Report: Banks Have Invested $1.9 Trillion in Fossil Fuels Since 2015

Report: Banks Have Invested $1.9 Trillion in Fossil Fuels Since 2015

Fossil fuel investments continue apace, even as banks pledge money for sustainable development.

Sustainable finance’s biggest problems, by the people who know best

Sustainable finance’s biggest problems, by the people who know best

Leading bankers in sustainable finance fear that, despite the advances and the rhetoric, the industry is not moving quickly enough. Euromoney asked 20 regional and global heads of ...