Green Bottom Line
Dec 10, 2021
3 minutes
By Durva Simone Bose
There’s a slim chance that the cash in your bank account is a direct cause of greenhouse gas emissions. Slim, but not zero. However, it’s the investments you explicitly make with financial institutions that have a bigger impact, positive or negative, on the environment.
Ever since 2015’s Paris Agreement on climate change, almost every global bank has made a commitment—fiscally or otherwise—to reducing its carbon footprint. For instance, Goldman Sachs announced that they would spend US$750 billion on green initiatives and funds over the next decade, and Citigroup has committed US$1 trillion to
You’re reading a preview, subscribe to read more.
Start your free 30 days