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US banks facing NYC pension fund pressure on climate targets
24 April 2023Bank of America, JP Morgan Chase and Goldman Sachs are preparing to face a shareholder vote on a resolution asking them to set absolute greenhouse gas (GHG) emissions reductions targets, as a major investor criticised them for "lagging peers" in this area.
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US pension funds call on banks to disclose emissions targets
27 January 2023 -
Investors worth $1.3trn make climate infrastructure pledge
25 September 2014An alliance of pension funds and other institutional investors representing $1.3 trillion of assets has committed to try to increase their investments in 'climate-resilient infrastructure'.