New York City’s comptroller wants several major U.S. banks to do more on climate change — and told Semafor that BlackRock and the other asset managers that oversee its $242 billion in pension funds should back him up or risk losing his business.
The comptroller, Brad Lander, filed shareholder resolutions this week at Bank of America, Goldman Sachs, JPMorgan Chase, and Royal Bank of Canada demanding they set hard caps on what they finance that produces emissions in 2030.
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