Displaying 1 - 5 of 5
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Financier to make case for robust transition strategies at launch of new London research centre for sustainable business
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Investment bank says it will set interim emissions reduction targets for high-carbon portfolios by end of 2022.
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The company joins Morgan Stanley, Bank of America, and JPMorgan Chase in pledging to reduce its operations and activity in line with global climate goals.
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But its commitment is slammed by campaigners as 'empty' and an 'attempt to buy time' due to its failure to commit to divest from coal and oil and gas.
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The new approach will allow investors to manage climate risk by highlighting the temperature pathways of their portfolios.