More than 48% of investors voted in favor of a shareholder resolution calling for additional climate change risk reporting. We know that our shareholders and, you know, many of our stakeholders care deeply about climate change. And this is an issue that is equally important to us. In February 2020, when we announced a long center in yesterday a series of new sustainability commitments.
Climate change took "a bit of a backseat" during the first several weeks of the coronavirus pandemic as "governments and businesses frankly were really just focused on survival," JPMorgan Chase Head of Sustainability Marisa Buchanan said in an exclusive interview in the latest episode of "ESG Insider," an S&P Global podcast.
"As economies begin to rebuild [and] businesses have greater ability to focus on these issues, we're going to see budget and bandwidth come back hopefully," Buchanan said.
The episode is part of a series in which we talk to some of the world's biggest lenders about how they are adapting their environmental, social and governance strategies amid COVID-19 and widespread protests against racism following George Floyd's death in the custody of Minneapolis police.
Listen to the episode to hear to the full interview, and subscribe to ESG Insider to catch future episodes.
(Photo: AP)