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Australia: Commonwealth Bank reveal 2 degree global warming plans

2015-11-04 15:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Age: Commonwealth Bank will strengthen its green credentials by acknowledging it has a role to play in keeping global warming to no more than 2 degrees, ahead of climate talks in Paris next month. The bank is also considering how to operate its business in a way that is consistent with meeting the 2 degree target. But it is not clear if it will change its lending practices, for example funding coal projects. CBA is expected to announce its new position on Thursday, when it reveals its first quarter...

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