The in-house lawyers at San Francisco-based Wells Fargo & Co. and New York City-based Goldman Sachs have successfully fought off climate-related proxy resolutions sought by activist investors.
The proposed resolutions asked the banks to work to reduce the full carbon footprint of their loan and investment portfolios in line with the 2015 Paris Agreement on global warming.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]