US banks tout fossil gas credentials after Republican ESG backlash

In recent times, Wall Road companies have tried to speak up their dedication to the atmosphere and social justice. Now they’re singing a distinct tune.

Giant US banks equivalent to Goldman Sachs and JPMorgan Chase are amongst a clutch of worldwide monetary companies companies which have been touting their enterprise relationships with oil and gasoline firms. They’re doing so to placate politicians in Republican-led states who’re penalising them for not doing sufficient to help the fossil gas trade.

Thus far, their entreaties have fallen on deaf ears. West Virginia final month banned 5 monetary companies — BlackRock, JPMorgan, Goldman Sachs,

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