WebApr 20, 2024 · Alison Kirsch, Climate and Energy Lead Researcher at Rainforest Action Network, said: “Citi has closed the gap to catch up with many of its U.S. peers’ climate financing policy by ruling out financing for Arctic oil and gas drilling projects, and coal mining and power projects worldwide. It also committed to phase out all financing of coal ... WebApr 26, 2024 · The first-of-their-kind measures, urging banks to move more aggressively to curtail new fossil-fuel lending, garnered between 11% and 13% of the vote at Bank of America, Citigroup and Wells Fargo. Those totals were less than climate activists had hoped to garner, but high enough to clear certain thresholds for resubmission next year.
Citigroup
WebApr 26, 2024 · Investors at Citigroup and Bank of America gave little backing to proposals essentially asking the banks to stop financing new fossil fuel supplies, with less than 13% of shares at Citi and less ... WebOct 2, 2024 · Banking on climate change. Citi remains a key global climate laggard, rated by the Rainforest Action Network as the second largest financier of fossil fuels globally in the five years leading to ... shutterfly plush fleece vs sherpa
Modi Seeks Action Against Anti-India Elements in Call With Sunak
Web10,000+ Employees. Based in New York City, New York. Citigroup Inc. is a global diversified financial services holding company. Citigroup businesses provide … Web3 hours ago · JPMorgan Chase said profit jump 52 percent in the first quarter, to $12.6 billion. Hiroko Masuike/The New York Times. Despite tenuous times for the banking industry, some of the largest U.S ... WebMar 1, 2024 · Citigroup is the latest multinational corporation to commit to net-zero emissions amid a push within corporate America to take bolder action against climate change. the palace grocery store