New York City pension funds push RBC to disclose clean energy funding ratio vs. fossil fuel funding.

New York City pension funds are urging Royal Bank of Canada (RBC) to disclose more information on its clean energy funding. The shareholder resolution filed by the New York City Employees' Retirement System and Teachers' Retirement System asks the bank to report the ratio of its clean energy funding compared to its fossil fuel funding. Similar resolutions have been filed against other major US banks in efforts to push for more climate change action.

January 31, 2024
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