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The global headquarters at 270 Park Avenue, a 60-storey skyscraper, is expected to be New York City’s largest all-electric tower with net zero operational emissions and exceed the highest standards in sustainability
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The targets follow its announcement that it achieved carbon-neutrality in 2020 and would invest $1tn into green activities over the next decade
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Around $1tn will finance green initiatives that support climate action, with the goal of accelerating the deployment of solutions for cleaner sources of energy
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It has partnered with Brookfield Renewable, which will supply clean and renewable electricity to power 90% of the bank’s operations
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The US banking giant intends to help its clients through its new Centre for Carbon Transition, which will provide them with centralised access to sustainability-focused financing, research and advisory solutions
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