New York City pension funds urge major banks to raise climate goals
The top manager of the pension funds in NYC demands the country’s major banks to seek stricter climate target goals.
BY STEFAN NYGAARD HANSEN, TRANSLATED BY KATRINE GØTHLER
New York City pension funds suggest that major American banks, such as JPMorgan, Goldman Sachs and Bank of America, set more aggressive target goals to reduce carbon emissions by 2030 in their lending portfolios, news agency Reuters writes.
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