News & Analysis as of

Environmental Social & Governance (ESG) Banking Sector Environmental Policies

Orrick, Herrington & Sutcliffe LLP

OCC withdraws from international climate organization

On February 11, Acting Comptroller of the Currency Rodney E. Hood announced the OCC’s withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System. Hood emphasized that the OCC’s “primary...more

Mintz

Increasing Divergence Between US and EU Banks in Approach to Climate Change

Mintz on

Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in response to the policy priorities of the second Trump Administration). Although...more

A&O Shearman

Financial Stability Board analytical framework and toolkit to assess climate-related vulnerabilities

A&O Shearman on

The Financial Stability Board published a report containing a framework and analytical toolkit to assess climate-related vulnerabilities. The report introduces an analytical framework that the FSB will use to trace how...more

Akin Gump Strauss Hauer & Feld LLP

Government and Private Sector Leaders Bring Focus on Biodiversity and Nature to COP26

As we previewed before the 26th meeting of the Conference of the Parties of the U.N. Framework Convention on Climate Change (COP26, or the “Conference”), ongoing international discussions have produced notable initiatives to...more

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