BofA, JPM, Goldman, JPMorgan Urged to Set Absolute GHG Targets

Bank of America, Goldman Sachs, JPMorgan Chase and Royal Bank of Canada were urged to disclose absolute greenhouse gas (GHG) emissions targets for 2030 in shareholder proposals filed by New York City Comptroller Brad Lander and three of the city’s retirement systems.

• Lander, the New York City Employees’ Retirement System, Teachers’ Retirement System, and Board of Education Retirement System call on the banks to set interim reduction targets, citing other consumer banks who have already done so
• Requesting that Goldman Sachs, JPMorgan and Royal Bank of Canada targets cover lending and underwriting for oil and gas and power ...