West Virginia Restricts Banks Over Coal


West Virginia, a coal mining hub in the United States, recently banned five major financial institutions from conducting business with the state after sustainability initiatives pushed these banks to pull back from coal and fossil fuel investments. With clean energy development on the rise, however, this punitive action may end up only hurting West Virginia’s state economy. This case asks students to consider and discuss the ban.

This case was prepared for inclusion in SAGE Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.

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