Bank of America Corp. (NYSE: BAC) is taking a closer look at how its financing affects climate change. The bank said last week it has joined the Partnership for Carbon Accounting Financials initiative, which is developing a way to measure how the companies that banks finance contribute to greenhouse gas emissions. Citigroup Inc. (NYSE: C) also announced its participation on Wednesday. The PCAF initiative seeks to create a global standard to assess, measure and then disclose this emissions data…
from https://www.bizjournals.com/baltimore/news/2020/08/03/bank-of-america-will-report-lending-and-emissions.html?ana=RSS&s=article_search
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