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Nonprofit Highlights Arlington's Sustainable Schools

Nonprofit Highlights Arlington's Sustainable Schools
arlnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arlnow.com Daily Mail and Mail on Sunday newspapers.

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Bank climate pledges in doubt after U.S. giants sit out global agreement

POLITICO
The absence of major U.S. banks set off alarms among climate advocates.
Wells Fargo was not among the initial signatories for the so-called Net-Zero Banking Alliance. | Damian Dovarganes/AP Photo
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A new financial sector climate change initiative unveiled Wednesday included notable absences from Wall Street, raising questions about whether some of the biggest U.S. banks will follow through on sweeping sustainability pledges.
JPMorgan Chase, Goldman Sachs and Wells Fargo weren’t among the initial signatories for the so-called Net-Zero Banking Alliance, even though counterparts Morgan Stanley, Bank of America and Citigroup enlisted. The banking group is part of the broader Glasgow Financial Alliance for Net Zero chaired by former Bank of England Governor Mark Carney, now the UN Special Envoy on Climate Action and Finance. ....

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Rockefeller Foundation built on a fossil-fuel fortune becomes largest philanthropist to shun oil investments

The Rockefeller Foundation, a 107-year-old philanthropy built by oil tycoon John D. Rockefeller, says it will completely break with the fossil-fuel industry that seeded its wealth.
The $5 billion endowment is pledging to drop its fossil fuel holdingsUSO and, notably, is promising to avoid new investments in the sector, its leadership told CNN in an interview.
The pledge makes the Rockefeller Foundation the largest U.S. foundation to join this divestment movement in the interest of slowing man-made climate change’s negative effects on coastlines and in contributing to weather extremes. Among other divestors, New York State’s influential $226 billion pension fund, one of the world’s largest, has said it will eliminate many of its fossil-fuel stocks in the next five years. ....

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Rockefeller Foundation, Created By Oil, Ditches Oil Investments

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VW’s Secret Plan To Change To EV-Friendly Name ....

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The Next Generation of Philanthropists

The Next Generation of Philanthropists
Last Updated: Dec. 7, 2020 at 9:57 a.m. ET
First Published: Dec. 7, 2020 at 9:53 a.m. ET
By
Penta s December 2020 cover, featuring (from top left) Valerie Rockefeller, Justin Rockefeller, Josh Lauder, Stephen Curry, Ayesha Curry, Adrian Cheng, Melinda Gates, and Bill Gates.
Illustration by Gluekit; Clockwise from top left: Courtesy of Valerie Rockefeller; Courtesy of Justin Rockefeller; Mattie C. (Lauder); Kelly Sullivan/Getty Images (Curry); Giulia Marchi/Bloomberg (Cheng); Frederic Stevens/Getty Images (Gates)
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Rising Philanthropists, Focused On Results
Increasingly, wealthy individuals are taking a strategic approach to philanthropy, aiming to achieve specific outcomes rather than simply writing a check. ....

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