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Responsibilities of a Nonprofit Board by Maria Peeler
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Reforms to Board Composition and Independence and Climate Competent Governance

Climate change poses systemic risks to the global financial system and specific risks to financial institutions with exposure to the fossil fuel sector. JPMorgan Chase (“JPM”), the largest US bank, is by far the largest global lender and underwriter to the fossil fuel sector, providing nearly $196 billion in lending and underwriting in the three years (2016-2018) since the Paris Agreement was adopted in 2015...

Mentions: Board Chair Independent Director Citigroup