Piermont Bank
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Piermont Bank primarily provides banking infrastructure to other financial services firms. With limited commercial lending, it’s unlikely to be implicated in fossil fuel financing. We’d like to see the bank improve its climate disclosure across the board.
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We'd like to see the bank measure emissions enabled by its lending, set targets and put in place governance around climate risks. We'd also like to see the bank start offering "green" products, such as preferential rates on loans to purchase electric vehicles.
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