Bank of America

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Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts

Damien Gayle Environment correspondent

08, Jan, 2025 @12:00 PM

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JP Morgan creates new role to prevent overwork among junior bankers
Bank’s head of diversity and inclusion appointed to help tackle long hours and support staff wellbeing

Kalyeena Makortoff Banking correspondent

19, Sep, 2024 @12:26 PM

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World’s top banks ‘greenwashing their role in destruction of the Amazon’
Institutions alleged to have given billions of dollars to oil and gas companies involved in projects that are harming the rainforests

Jonathan Watts

11, Jun, 2024 @7:00 AM

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Banks have given almost $7tn to fossil fuel firms since Paris deal, report reveals
Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe

Damien Gayle

13, May, 2024 @4:00 AM

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US banks ‘sabotaging’ own net zero plans by livestock financing, report claims
Lending to meat, dairy and feed corporations led to ‘significant proportion’ of banks’ emissions, Friends of the Earth found

Sophie Kevany

04, Apr, 2024 @10:00 AM

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Banks driving increase in global meat and dairy production, report finds
Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production

Sophie Kevany

18, Mar, 2024 @6:00 AM

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US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups
Citi, BofA, JPMorgan Chase and Wells Fargo leave framework that assesses environmental, social and governance (ESG) financing

Nina Lakhani and Dominic Rushe in New York

05, Mar, 2024 @11:59 PM

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Trump gave top US firms staggering tax cuts, with some paying $0 or less – report
Among lowest taxpayers were companies whose CEOs have become high-profile advocates for corporate social responsibility

Adam Lowenstein in Washington

29, Feb, 2024 @11:00 AM

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Bank of America sends warning letters to employees not going into offices
Letters warned employees that failure to follow return-to-office expectations could lead to ‘further disciplinary action’

Lauren Aratani in New York

24, Jan, 2024 @4:00 PM

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Most sponsors of Cop28 have not signed up to UN-backed net zero targets
Firms including Bank of America have made no commitment to cut emissions in line with target system, analysis finds

Sandra Laville Environment correspondent

29, Nov, 2023 @6:00 AM

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Banks pouring trillions to fossil fuel expansion in global south, report finds
Since the 2015 Paris Climate Agreement, banks have provided some $3.2tn to the fossil fuel industry to expand operations

Dharna Noor

04, Sep, 2023 @7:30 AM

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Parades but no public posts: which brands are supporting Pride in the wake of backlash?
As Target, Bud Light, Starbucks and others face threats and boycotts, here’s what other top US brands have planned

Matthew Cantor

07, Jun, 2023 @5:00 AM

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