Sierra Club: Wells Fargo Catches Up to Peers in Setting Net-Zero Financed Emissions Goal Short on Details
March 09, 2021
March 09, 2021
NEW YORK, March 9 -- The Sierra Club issued the following news release on March 8, 2021:
Wells Fargo became the last major U.S. bank -- following Morgan Stanley, Bank of America, Citi, and Goldman Sachs -- to make an explicit commitment to achieve net zero financed emissions by 2050. JPMorgan Chase also previously pledged to align its financing with the goals of the Paris Agreement. Wells Fargo also committed to disclose its financed emissions and set interim emissions reduction tar . . .
Wells Fargo became the last major U.S. bank -- following Morgan Stanley, Bank of America, Citi, and Goldman Sachs -- to make an explicit commitment to achieve net zero financed emissions by 2050. JPMorgan Chase also previously pledged to align its financing with the goals of the Paris Agreement. Wells Fargo also committed to disclose its financed emissions and set interim emissions reduction tar . . .