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New York Deforestation-Free Procurement Act Introduced
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Shareholders push companies on racial justice, equity in vaccine access
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Reading the writing on the wall : Why Wall Street is acting on the climate crisis
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Respect those with vegan lifestyles
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‘Reading the writing on the wall’: why Wall Street is acting on the climate crisis Dominic Rushe
Wildfires burned nearly 10.4m acres across the US last year. The most costly thunderstorm in US history caused $7.5bn in damage across Illinois, Iowa, Nebraska and South Dakota. As the climate crisis swept the globe on a biblical scale it left in its wake a record number of billion dollar disasters.
And yet out of these ashes has emerged an unlikely savior: Wall Street. After decades of backing polluters and opposing legislation to rein them in, finance says it’s going green.
A steadily growing trend in investment went fully mainstream in 2020 as a record number of corporations pledged to go “net zero” and move to cancel out the carbon emissions they produce to halt a catastrophic rise in global temperatures.