Citizens Puts $50B Toward Helping Clients Go Green
Citizens Bank is setting a $50 billion target to finance both “green” and “social” initiatives and projects by 2030.
Report: More Retail Banks Focus on Sustainability
More retail banks have responded to concerns about climate change by building sustainability into their digital transformation programs, according to a new report from Boston Consulting Group.
Deutsche Bank Subsidiary CEO Resigns After Greenwashing Raid
Deutsche Bank subsidiary DWS said Wednesday that its chief executive is resigning, hours after authorities raided its offices as part of a probe into claims that the company exaggerated the sustainable credentials of some of the financial products.
CT Restores Funding for Agriculture Sustainability
The state is restoring funding for the Agriculture Sustainability Account by reversing a $1.4 million cut to Connecticut’s dairy farmers that was made in the October 2017 bipartisan, biennial state budget.
Homebuyers Must Beware of ‘Greenwashing’
The practice is called “greenwashing” and home shoppers need to be on guard: It means a house is being marketed as environmentally friendly and energy-saving when it doesn’t really deserve that description.
