Sierra Club: New York City Comptroller Scores a Win From Big Banks on Energy Financing Disclosures
March 22, 2024
March 22, 2024
NEW YORK, March 22 -- The Sierra Club issued the following news release on March 21, 2024:
This week, Citigroup has joined JPMorgan Chase in agreeing to disclose its relative levels of financing for low-carbon energy versus fossil fuels -- also known as an energy supply financing ratio -- in response to shareholder resolutions filed by the New York City Comptroller Brad Lander and three New York City pension systems. The Comptroller has emphasized the need for banks to increase fina . . .
This week, Citigroup has joined JPMorgan Chase in agreeing to disclose its relative levels of financing for low-carbon energy versus fossil fuels -- also known as an energy supply financing ratio -- in response to shareholder resolutions filed by the New York City Comptroller Brad Lander and three New York City pension systems. The Comptroller has emphasized the need for banks to increase fina . . .