ESG
ESG
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The North Carolina bank's new financing program will allow electric car buyers to include the cost of an at-home charging station in their auto loan.
February 8 -
One of Germany's greenest banks has quit the world's biggest climate-finance alliance in protest, citing concerns that Wall Street is preventing the group from achieving its stated goal.
February 6 -
The models that underpin the central bank's climate risk management exercise are deeply flawed and unsuited to the task at hand.
February 3 -
Proposals submitted to several of the largest U.S. banks seek stronger commitments on reducing financing for the fossil-fuel industry and 2030 greenhouse gas emission targets.
February 2 -
The Nebraska Bankers Association says legislation to prevent the state treasurer from depositing public funds in banks that would use them to fund environmental or social causes is "too vague."
January 31 -
Six Wall Street banks are being pressed by a group of shareholders to move faster on reducing their financing of fossil fuels to meet global climate goals.
January 24 -
Community bankers already have decades of experience managing concentration risks and responding to extreme weather events and natural disasters in their communities.
January 18 -
Citigroup and Bank of America have done more to support the expansion of fossil-fuel companies than any other lenders claiming to target net-zero financed emissions, according to a new analysis comparing industry pledges to action.
January 17 -
The Pittsburgh bank said the commitment supports its community benefits plan and will help meet client demand for climate-friendly investments.
January 11 -
Matthew Quale was formerly the president of Bask Bank, a standalone digital brand under Texas Capital Bancshares.
January 11 -
But it's not that green financing is finally winning out over fossil-fuel lending. Rather, Big Oil looks to be getting more money from elsewhere.
January 4 -
Kentucky State Treasurer Allison Ball published a list of 11 financial companies, including several major Wall Street banks, that she deems to be hostile to the fossil fuel industry.
January 3 -
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JPMorgan Chase is upping its climate ambitions, announcing a slew of new emissions reductions targets for its financing to carbon-intensive businesses, including airlines and cement manufacturers.
December 22 -
The National Credit Union Administration must extend a program allowing credit unions to offer long-term loans for residential solar power installations.
December 22 -
The state's Department of Financial Services issued proposed guidelines on how banks and mortgage lenders should manage climate-related risks. But the guidance was quickly slammed by a trade group representing community banks.
December 21 -
On issues from guns and abortion to climate change to corporate diversity, banks that have been trying to satisfy progressive groups felt blowback this year from right-leaning organizations and Republican officials.
December 21 -
The companies, which reach thousands of merchants, recently launched environmental programs that use a network effect to cut carbon emissions.
December 21 -
A shareholder group that is pushing the nation's largest banks to conduct racial equity audits criticized JPMorgan Chase's effort, while giving a more favorable review of a Citigroup report. Banks small and large launched racial equity initiatives in 2020 in the wake of protests sparked by the murder of George Floyd.
December 20 -
A carbon-credit transaction network developed by nine banks including Canadian Imperial Bank of Commerce and UBS Group is a step closer to launching early next year after completing a series of pilot trades.
December 19




















