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Article
17 January 2020

Citing climate change, BlackRock will start moving away from fossil fuels

Author: Bill McKibben, The New Yorker

 "Citing Climate Change, BlackRock Will Start Moving Away from Fossil Fuels", 16 January 2020...

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Story
19 December 2019

USA: Goldman Sachs will no longer finance new oil drilling in the Arctic or new coal-fired power plants

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Article
17 December 2019

"Goldman Sachs rules out financing for Arctic drilling. Will other U.S. banks follow?

Author: Dino Grandoni, Washington Post

The new environmental policy from Goldman Sachs... prohibits financing for... Arctic drilling... [and] coal-fired power plants that don't have carbon emissions reduction technology as well as for coal mines that extract fuel for those power stations....

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Article
17 December 2019

Commentary: Investment bankers are now waging the war on coal

Author: Robinson Meyer, The Atlantic

... [I]nvestment bank Goldman Sachs updated its rules about when and how it would underwrite fossil-fuel projects. Goldman will now refuse to finance oil exploration or drilling in the Arctic, including in the Arctic National Wildlife Refuge in Alaska....

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Article
16 December 2019

USA: Litigation against corporate conglomerates for gender discriminatory pay practises increases

Author: Alexia Fernàndez Campbell, VOX

"They did everything right — and still hit the glass ceiling. Now, these women are suing America’s top companies for equal pay." 10 Dec 2019...

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Article
15 December 2019

Goldman Sachs adopts strongest fossil finance policy by a major US bank

Author: Rainforest Action Network

Goldman Sachs announced the strongest fossil finance restrictions of any major U.S. bank, though it still lags behind its leading global competitors. It also remains far from alignment with what is needed to limit climate change to 1.5 degrees Celsius....

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Article
1 December 2019

Hong Kong: AI firm Megvii reportedly faces additional queries from HKEx on IPO application after blacklisted by US over alleged involvement in human rights violations

Author: Bloomberg (US)

“Chinese AI Giant Megvii Faces HKEX Queries on IPO Application”, 22 November 2019...

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Story
29 October 2019

NGOs highlight environmental and human rights concerns to banks over Saudi Aramco IPO

A coalition of environmental NGOs has written to seven international banks to express their alarm over the banks' decision to underwrite the planned Initial Public Offering (IPO) of Saudi Aramco. The state-owned oil giant is the world's largest emitter...

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Item
17 October 2019

Letter: Environmental groups warn banks against climate and human rights implications of underwriting Saudi Aramco offering

Author: Rainforest Action Network, BankTrack, Earthworks, Friends of the Earth, Global Witness, Indigenous Environmental Network, Oil Change, Share Action, Sierra Club, 350

to the CEOs of Bank of America, Citigroup, Credit Suisse, Goldman Sachs, HSBC, JPMorgan Chase, and Morgan Stanley,...

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Story
20 August 2019

Nearly 200 CEOs say their companies are committed to delivering value to all stakeholders, not just shareholders

On August 19, 2019, the Business Roundtable (BRT), a lobbying group composed of leading CEOs in the US, released an updated Statement on the Purpose of a Corporation. This statement expresses a fundamental commitment to all stakeholders, including...

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