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Bank of America Finally Axes Rule that Sparked ‘Debanking’ of Conservative Religious Groups
August 14, 2025
Bank of America has finally scrapped a controversial rule that critics say had sparked the “debanking” of charities and businesses associated with conservative religious groups.
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Texas Judge Greenlights Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using Climate Initiatives to Manipulate Energy Markets
August 11, 2025
Eleven State Attorneys General filed a lawsuit claiming that the asset managers engaged in anticompetitive behavior by using sustainable development initiatives to manipulate coal markets.
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UBS Exits Net Zero Banking Alliance
August 08, 2025
Swiss banking and financial services group UBS announced today that it has decided to withdraw from the Net-Zero Banking Alliance, becoming the first major European bank outside of the UK to exit the UN-backed coalition dedicated to advancing global net zero goals through their financing activities.
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The ICJ Advisory Opinion on Climate Change: A Business and Human Rights Perspective
August 05, 2025
The International Court of Justice issued an Advisory Opinion holding that states are obliged under international law to prevent significant harm to the environment and regulate the conduct of private actors accordingly, irrespective of states being a party to treaties.
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HSBC Exits Net Zero Banking Alliance
July 18, 2025
HSBC announced that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), following its North American peers.
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