Byline Bank
Your bank has room for improvement on climate responsibility.
Byline only lends to companies with revenues of less than $100 million, so the probability of it financing the fossil fuel industry is low (although cannot be ruled out).
Byline is a laggard when it comes to climate responsibility. We would like to see it measure the greenhouse gas emissions impact of its lending, set science-based targets, provide transparency about sectors it finances and put in place an explicit policy stating that it will not lend to the fossil fuel industry.
We do not believe that achieving carbon neutrality by purchasing renewable energy certificates and carbon offsets is enough.
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