Black & blue over green : ESG investing in doubt in Democrat - GOP fight
Bank of America has backed its pledge to no longer finance drilling in the Arctic, according to a report in New York Times. The BBC s Christine Blasey looks at the challenges facing bank officials over environmental, social and governance principles, and why they are increasingly concerned about the risks of fossil fuel. But How is it possible to make up your mind and take up the other one behind - and what is going to happen in their financial markets and how could it be handled by bankers? Why is the BBC talking to the Scylla and Charybdis debate about climate change and social policies of the country during the war between red and blue state government finance officers and pro-and anti-fossil-fuel activists? What does it mean for bank companies to finance companies in this region and whether it is not always easy to get involved in an enhanced due diligence process, writes The Lovin Spoonful, who describes the battle against conservatives who want more government involvement in economic growth and finances for those who have been told to take action to save the region? The latest warning is that the bank is backing off its plans to stop mining projects in its own areas of interest in oil and gas which carry significant heightened risk, with renewed scrutiny of how the UK is financed by the US government, as well as how it makes it harder for them to be investigated by banks?
Source: bondbuyer.comPublished on 2024-02-06
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