NYC Pensions Reach Climate Disclosure Deal With JPMorgan Chase, Citigroup, RBC
City Comptroller Brad Lander said he expects energy supply ratio disclosure will become a ‘new standard’ for the banking sector.
City Comptroller Brad Lander said he expects energy supply ratio disclosure will become a ‘new standard’ for the banking sector.
Three of the city’s pension funds filed shareholder proposals seeking greater fossil-fuel transparency at six of the largest banks in North America.
Microsoft and BHP were cited the most by asset managers as providing the best climate risk information.
Thomas DiNapoli is calling for more accountability from portfolio firms regarding corporate diversity, equity and inclusion.
The board of the County Employees Retirement System informed Kentucky’s treasurer that the 2022 law conflicts with CERS’ fiduciary duties.
Shareholder proposals have been filed with Bank of America, Goldman Sachs, JPMorgan Chase and Royal Bank of Canada.
The firms will analyze the impact of hypothetical climate scenarios on specific portfolios and business strategies.
But it’s still 9% behind its pre-pandemic level. Will this all translate into a rebirth for the office market?
The JPM chief says lifting the cap would only benefit the wealthy, with their huge property levies.
This noted market pessimist said in January that some shares would thrive, despite a popped bubble.