JPMorgan and Microsoft Support $210 Million Carbon Loan in Pioneering Climate Finance Agreement
JPMorgan, Microsoft Back $210 Million Carbon Loan in Landmark Climate Finance Deal JPMorgan Chase closed a landmark $210 million carbon loan to support Chestnut Carbon, a U.S.-based afforestation firm, in a move that could reshape how climate projects are financed. Microsoft also played a key role in this breakthrough. They committed to buying a large […]
Compensation Strategies at Major Oil and Gas Firms Fall Short in…
1. Only around 3% of CEO compensation is linked to the achievement of climate-related targets at the largest US oil and gas companies. 2. The climate targets indicated in their compensation packages are typically weak or ambiguous. 3. Despite companies’ often bold-sounding declarations, boards are not meaningfully giving senior leaders incentive to align their strategies […]