banks – Thinking Port

Big Banks Take Part In A Climate Scenario Exercise — The Results Are Unsettling

May 20, 2024 admin banks, climate change, climate risk, federal reserve, investment, policy research

Credit to Author: Carolyn Fortuna| Date: Fri, 17 May 2024 19:32:31 +0000

The US Federal Reserve just released the results of a pilot climate scenario analysis (CSA) exercise they conducted in 2023 to learn about big banks and their climate risk-management practices and challenges. The goal was to highlight the measures that large banking organizations and supervisors will increasingly need to take … [continued]

The post Big Banks Take Part In A Climate Scenario Exercise — The Results Are Unsettling appeared first on CleanTechnica.

CleanTech Energy News Science

Is Your Bank Financing Fossil Fuel Companies? This App Lets You Find Out.

May 1, 2024 admin banks, Bill McKibben, green economy, investment, policy & politics

Credit to Author: Steve Hanley| Date: Mon, 29 Apr 2024 00:28:28 +0000

We Don’t Have Time has created an app that lets you see which banks are investing in fossil fuel expansion or green energy.

The post Is Your Bank Financing Fossil Fuel Companies? This App Lets You Find Out. appeared first on CleanTechnica.

CleanTech Energy News Science

How The World’s Largest Banks Are Funding Fossil Fuel Companies

January 25, 2023 admin banks, Fossil Fuels, research

Credit to Author: Steve Hanley| Date: Sun, 22 Jan 2023 21:30:08 +0000

The financing of fossil fuel companies continues at the highest levels despite promises made by the world’s largest banks to limit lending.

CleanTech Energy News Science

What Are The Possibilities In A National Climate Bank?

September 1, 2022 admin banks, carbon emissions, green economy, green jobs, investment, waste reduction

Credit to Author: Carolyn Fortuna| Date: Wed, 31 Aug 2022 17:00:21 +0000

A national level green nonprofit can lower the cost of capital, negotiate with private sector partners, and directly fund local institutions to coordinate projects in the communities that need them the most.

CleanTech Energy News Science

Money, Money, Money: Climate Risks Aren’t Enough For Most Banks

July 15, 2022 admin banking, banks, carbon emissions, cleantech news, climate change, climate risks, investment, renewable energy

Credit to Author: Carolyn Fortuna| Date: Fri, 15 Jul 2022 17:35:34 +0000

Big finance has a huge role in the climate crisis and can guide business leaders toward appropriate action to address the scale of the problem.

News Vice

Bank Workers Unionize for the First Time in 40 Years

March 2, 2020 admin banks, communications workers of america, financial industry, tom steyer, unions

Credit to Author: Lauren Kaori Gurley| Date: Mon, 02 Mar 2020 23:07:46 +0000

More than 100 workers at a Tom Steyer-founded bank have won collective bargaining rights in an industry with the lowest unionization rates in the country.

Manila News Philippines

PDIC to sell closed banks’ assets

February 17, 2020 admin banks, pdic, Top Business

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Mon, 17 Feb 2020 16:31:18 +0000

THE Philippine Deposit Insurance Corp. (PDIC) is set to sell corporate and closed banks’ assets with a combined value of P61.5 million on March 19. In a statement on Monday, the state-run deposit insurer said those for up bidding are 35 residential lots, 13 residential lots with improvement, two motor vehicles and a generator set. […]

CleanTech Energy News Science

100% Solar Powered 5/3 Bank Announces $6.2 Million in 2019 Grants

January 8, 2020 admin banks, Charity, clean power, Community, fifth third bank, grants, green economy, nonprofits, Solar, Solar energy

Credit to Author: Johnna Crider| Date: Wed, 08 Jan 2020 16:03:28 +0000

The Foundation Office at Fifth Third Bank, a bank that is 100% powered by renewable solar energy and generating more clean power than the bank uses in a year (which is why we started using it in 2019), recently made an announcement of almost $6.2 million in grants from 2019. These grants come through 8 major foundations that the banks serve as a trustee or agent