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Showing 11 - 20 of 96 results for %22Bank of America%22

BlackRock backs world's largest direct air capture plant

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... already signed carbon removal credit purchase agreements with customers, including Amazon, Airbus, All Nippon Airways (ANA), TD Bank Group, the Houston Astros, and the Houston Texans. Construction is currently one-third complete, and the facility is ...

Record climate spending for low and middle-income economies

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... (6%) on climate change adaptation finance. The amount of private finance stood at US$51.9 billion. This came as the World Bank Group and International Monetary Fund held annual meetings in Morocco where increasing public climate finance for low and middle-income ...

US regulator slaps US$25m penalty on DWS for greenwashing, AML

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... DWS "caused mutual funds it advised to fail to develop and implement a reasonably designed AML program to comply with the Bank Secrecy Act and applicable Financial Crimes Enforcement Network regulations." "The SEC's order finds that DWS advised mutual ...

Podcast: Alex Banks - she speaks for the trees

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
On this episode of The Greener Way, we're talking with Alex Banks, a partner at EY's Climate Change and Sustainability Services. Banks is co-author of a report commissioned by The Wilderness Society that found that financiers do not assess and disclose ...

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Financiers do not assess and disclose deforestation and biodiversity loss in Australia and may not even be aware of the risk when funding Australia's primary industries. New research from EY commissioned by The Wilderness Society found that deforestation ...

Executive appointment roundup: State Street, ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
... finance, UK and Europe. Tonkin has an extensive background in structured debt and coverage across multiple roles at ANZ, Royal Bank of Scotland and ABN Amro. She relocated from Sydney to London in April. David Simmons has been appointed executive director ...

ANZ augments sustainable finance team

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... finance, UK and Europe. Tonkin has an extensive background in structured debt and coverage across multiple roles at ANZ, Royal Bank of Scotland and ABN Amro. She relocated from Sydney to London in April. David Simmons has been appointed executive director ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... Agreement while also defining financing coal- and peat-related activities as not aligned. The MDBs involved include the World Bank Group, Asian Development Bank, Asian Infrastructure Investment Bank, Council of Europe Development Bank, European Bank ...

IIGCC, TPI Centre launch Bank Net Zero Standard

ROSE MARY PETRASS  |  TUESDAY, 13 JUN 2023  |  NEWS
... Centre (TPI Centre) The standard, which is designed to complement the Net Zero Investment Framework, is built around 10 areas: bank commitments, targets, exposure and emissions disclosure, emissions performance, decarbonisation strategy, climate solutions ...

Investment opportunities in a changing global food system

ROSE MARY PETRASS  |  THURSDAY, 25 MAY 2023  |  NEWS
... significant political influence and macroeconomic implications, including influencing consumer price inflation, impacting central bank policies and government actions and affecting overall economic activity. 29% of the global population lives under moderate ...