The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero newsthirst.
Danielle Fugere, president and chief counsel for the shareholder advocacy nonprofit As You Sow, said disclosure is a prerequisite for holding banks to their climate goals. ”We want to understand what it is they’re doing,” she said. Laws like California’s bring to light the financial instability wrought by fossil-fuel-driven climate change and—in theory, at least—discourage financing…
