Category Archives: In The News

STMP Blog: Citi’s Sustainability Team is a Greenwashing Machine

Last week, two Citibank customers and I met with some of Citi’s top Sustainability leadership: Val Smith, the Head of Sustainability, and Nasser Malik, the Corporate Banking Head of Sustainability and Corporate Transitions.  Unfortunately, Citi’s leadership are spewing the same talking points we’ve heard for months. It’s becoming more and more clear: Citi’s sustainability team […]

Fed taps six largest US banks for pilot climate scenario analysis

FOR IMMEDIATE RELEASE September 29, 2022 Media contact: Jackie Fielder, [email protected]   Fed taps six largest US banks for pilot climate scenario analysis Today the Federal Reserve announced that Wells Fargo, Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, and JP Morgan Chase will be participating in a climate scenario analysis that “will help identify […]