ESG

GOP senator says research by San Francisco Fed is 'mission creep'

03/29/21

Sen. Pat Toomey, R-Pa., warned the regional Federal Reserve bank that its papers about environmental, social and corporate governance policies hurt its ability to stay neutral on partisan issues.

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Big banks are scaling back fossil fuel lending, but for how long?

03/25/21

The Rainforest Action Network says the 2020 decline stemmed more from weak energy demand during the pandemic than banks’ pledge to reduce financing to firms that contribute to climate change.

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Mastercard ties executive bonuses to environmental, social goals

03/24/21

Executive vice presidents and above will be evaluated on how they contributed to progress on efforts to curb the firm’s use of carbon, improve financial inclusion and reach gender-pay parity, CEO Michael Miebach said in a memo to staff.

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