Several European banks and smaller U.S. banks such as Amalgamated Bank are participating in the development and adoption of initiatives to calculate and report banks' full carbon footprints, for example, the Paris Agreement Capital Transition Assessment and Partnership for Carbon Accounting Financials. HSBC has committed to set a Science-Based Target. ING, BNP Paribas, Standard Chartered, and other banks have committed to measure the climate alignment of their lending portfolios against Paris goals. Some have abandoned high risk sectors including Arctic drilling and tar sands. U.S. banks, however, have lagged far behind. Only one U.S. bank -- Citigroup Inc. -- has taken leadership by joining the Principles of Responsible Banking initiative, signaling its intent to align with the Paris Agreement's climate goals. JPMorgan Chase & Co, Wells Fargo, Goldman Sachs, Bank of America, and Morgan Stanley have yet to demonstrate sufficient progress in such areas.