• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
Renewables ‘Set to Soar’ with 440 GW of New Installations in 2023: IEA June 4, 2023
Greek Industrial Giant Announces 1.4-GW Alberta Solar Farm, Canada’s Biggest June 4, 2023
Shift to Remote Work Cuts Commutes, Frees Downtown Space for Affordable Housing June 4, 2023
2.7M Hectares Lost, Nova Scotia at Ground Zero in ‘Unprecedented’ Early Wildfire Season June 4, 2023
Is Equinor’s Bay du Nord ‘Delay’ a Cancellation in Slow Motion? June 1, 2023
Next
Prev

Students Push for Climate Accountability from Finance Professionals, Lawyers

October 26, 2020
Reading time: 2 minutes

DXR/Wikimedia Commons

DXR/Wikimedia Commons

7
SHARES
 

Representatives from the legal and finance sectors are calling for their peers to do more to fight the climate crisis—which, in some cases, begins with doing less to hinder climate action.

“Exhibit A” in the push to make fighting the climate crisis part of doing business is a recent report examining how the top 100 U.S. law firms have plugged into the crisis, writes GreenBiz. Released by Law Students for Climate Accountability, the report finds that most of the firms “provide far more support to clients driving the climate crisis than clients addressing it.”

  • Be among the first to read The Energy Mix Weekender
  • A brand new weekly digest containing exclusive and essential climate stories from around the world.
  • The Weekender:The climate news you need.
Subscribe

The so-called “Vault 100” firms “litigated 286 cases exacerbating climate change (versus three cases mitigating it); supported US$1.316 trillion in transactions for the fossil fuel industry; [and] received $37 million in compensation for fossil fuel industry lobbying” from 2015 to 2019, GreenBiz states. But the report authors say young professionals entering the profession plan to force some change: “We, the next generation of lawyers, can choose what firms to work for and where to spend our careers. We can ask law firms how they plan to address their role in the crisis and hold them accountable to do so.”

A recent report from the CFA Institute suggests established financial analysts can be forward-thinking, as well, GreenBiz adds. Titled Climate Change Analysis in the Investment Process, the report “explains the economic implications of climate change and covers such topics as a price on carbon and the growing carbon markets, increased transparency and disclosure of climate metrics, and how analysts should engage with companies on the physical and transition risks of climate change.”

The banking industry, too, is on the precipice of change, GreenBiz states. A recent framework and validation service developed by the Science-Based Targets Initiative is making it easier for organizations to “verify their emissions reductions plans” in the face of growing financial risks driven by climate change.

“Fifty-five financial institutions, including Bank Sarasin, Amalgamated Bank, and Standard Chartered, are backing the new certification and already have committed to setting science-based targets,” GreenBiz writes.



in Climate & Society, Climate Action / "Blockadia", Climate Denial & Greenwashing, Community Climate Finance, Ending Emissions, Jurisdictions, United States

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

sunrise windmill
International Agencies & Studies

Renewables ‘Set to Soar’ with 440 GW of New Installations in 2023: IEA

June 4, 2023
110
Pixabay
Solar

Greek Industrial Giant Announces 1.4-GW Alberta Solar Farm, Canada’s Biggest

June 4, 2023
103
Oregon Department of Transportation/flickr
Cities & Communities

Shift to Remote Work Cuts Commutes, Frees Downtown Space for Affordable Housing

June 4, 2023
65

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

/MaxPixels

‘Substantial Damage’, No Injuries as Freight Train Hits Wind Turbine Blade

May 25, 2022
14.6k
Natural Resources Canada

2.7M Hectares Lost, Nova Scotia at Ground Zero in ‘Unprecedented’ Early Wildfire Season

June 4, 2023
131
sunrise windmill

Renewables ‘Set to Soar’ with 440 GW of New Installations in 2023: IEA

June 4, 2023
110
Pixabay

Greek Industrial Giant Announces 1.4-GW Alberta Solar Farm, Canada’s Biggest

June 4, 2023
103
Inspiration 4 Photos/flickr

Cooling Upper Atmosphere Has Scientists ‘Very Worried’

May 23, 2023
496
Equinor

Is Equinor’s Bay du Nord ‘Delay’ a Cancellation in Slow Motion?

June 1, 2023
854

Recent Posts

Oregon Department of Transportation/flickr

Shift to Remote Work Cuts Commutes, Frees Downtown Space for Affordable Housing

June 4, 2023
65
Clairewych/Pixabay

Demand Surges for Giant Heat Pumps as Europe Turns to District Heating

June 4, 2023
75
nicolasdebraypointcom/pixabay

Factor Gender into Transportation Planning, IISD Analyst Urges Policy-Makers

June 4, 2023
32
moerschy / Pixabay

Federal Climate Plans Must Embrace Community-Driven Resilience

June 4, 2023
44
debannja/Pixabay

Austin, Texas Council Committee Backs Fossil Non-Proliferation Treaty

June 4, 2023
72
Ottawa Renewable Energy Co-op/Facebook

‘Hinge Moment’ for Humanity Demands ‘YIMBY’ Mentality: McKibben

June 1, 2023
75
Next Post
Glysiak/Wikimedia Commons

U.S.–Mexico Water Rights Standoff Kills Protester, Points to Risk of Future Climate Conflict

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}