A new benchmark analysis of 13 of the largest banks operating in the United States reveals significant inconsistencies between the banks’ public climate commitments and their direct and indirect climate lobbying practices. The Responsible Policy Engagement Benchmarking for Banks shows that despite banks’ public endorsement of the Paris Agreement’s goals and pledges to align their lending and investments with net zero emissions by 2050 or even earlier, the banks’ lobbying practices do not match their stated support for Paris-aligned policies and regulations with 92% of banks advocating against or…
Read MoreNew Benchmark Analysis of U.S. Banks Reveals Inconsistencies Between Climate Goals and Climate Lobbying Practices
