Wells Fargo, one of the top 3 banks in the US, announced on Thursday its intention to commit $200 billion in financing towards sustainable businesses and projects by 2030 — targeting at least 50% towards clean technologies.
After receiving a lot of pressure from activist groups for months, PNC Bank finally gave in and joined the growing number of major banks to issue a strong position on mountaintop removal (MTR) coal mining, saying that will no longer lend money to the destructive practice. “Removing sources of funding for MTR is crucial, of
[social_buttons] We know that it is actually a positive thing these days to care about the environment. It is not a fringe, weirdo concern. For this reason, we now even have the problem of corporate greenwashing — companies (or politicians, people, etc.) trying to convince people they are green when they are not. As we