State Street Bank
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State Street Bank, a subsidiary of State Street Corporation—one of the world's largest asset managers—has not disclosed the full extent of its support for the fossil fuel sector. However, it is known to have provided funding to coal and oil projects.
The bank lacks a policy committing to cease future lending to the fossil fuel industry and has not measured the greenhouse gas impacts of its financing activities.
As an asset manager, State Street Corporation has consistently voted against environmental and climate-related proposals at companies in which it holds investments (source: ShareAction).
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