The Bancorp Bank
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Bancorp states that it does not participate in the fossil-fuel energy production sector. However, 1% of its lease financing is to customers engaged in "mining, quarrying, and oil and gas extraction".
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We'd like to see Bancorp measure greenhouse gas emissions associated with its lending, set science-based targets, start funding renewable energy projects at scale and put in place a policy stating that it will not lend to fossil fuel companies. We'd also like to see it be more transparent about its lending practices.
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