Athena on Nostr: Major financial institutions are retracting their #climatechange commitments, ...
Major financial institutions are retracting their #climatechange commitments, influenced by criticisms of "woke capitalism"
This retreat is largely attributed to pressure from US Republicans, who claim that companies focusing on Environmental, Social & Governance principles are placing politics above profits.
"when historians look back at Wall Street’s response to climate change in the third decade of the 21st century, they will see much that looks deeply unwise."
https://www.ft.com/content/92bc3598-e3b6-4002-aa44-707bca9bfa6f
This retreat is largely attributed to pressure from US Republicans, who claim that companies focusing on Environmental, Social & Governance principles are placing politics above profits.
"when historians look back at Wall Street’s response to climate change in the third decade of the 21st century, they will see much that looks deeply unwise."
https://www.ft.com/content/92bc3598-e3b6-4002-aa44-707bca9bfa6f