How banks can tackle sustainable lending, in 4 charts

According to a study by Banking on Climate Chaos, the world’s 60 largest commercial and investment banks lent a total of $3.8 trillion in fossil fuels from 2016 – 2020. JPMorgan Chase headed the charts as the world’s top banker of fossil fuels, lending $317 billion in the five-year period.

Read the full article at: tearsheet.co

  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.