Industry News: ESG

Citi CEO Says Banks Must Walk If Clients Won’t Reduce Emissions

Written by ESG | 24-Aug-2020 2:44:36 PM

2020-08-19

Bloomberg: Citigroup Inc. Chief Executive Officer Michael Corbat said banks should start walking away from clients who don’t acknowledge the need to reduce their carbon emissions -- even as he pledged support for the fossil-fuel industry.

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