Tag: JP Morgan

President Biden is preparing to issue an executive order instructing a number of federal agencies to take action on climate-related financial risk. The draft order, leaked to Politico, contains provisions asking the Labor Department to rescind Trump-era rules restricting the ability of pension fund managers to vote on shareholder proposals, as well instructing the Federal Insurance Office to assess climate-related issues in its oversight of insurers, examining the potential for disruptions of private insurance coverage in regions vulnerable to climate change. In addition, the departments of Housing and Agriculture will be asked to consider integrating climate-related financial risk into their underwriting standards and loan conditions.

The Global Unions’ Committee on Workers Capital is encouraging Amazon shareholders to engage with the company over what it describes as its “anti-union” activities and has called on its network of trustees…