A third of the world’s banks, worth a total of US$47 trillion in assets, committed on Sunday to align their business to the Paris Climate Agreement, in the biggest pledge to climate sustainability from the banking sector yet. As many as 130 banks, in cooperation with the United Nations, launched the Principles for Responsible Banking on Sunday, one day ahead of the UN Climate Action Summit in New York. The founding signatories that established the Principles for Responsible Banking collectively represent more than US$17 trillion…
